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HUD: Mortgagee Letter 2020-27: Extension of Foreclosure and Eviction Moratorium
The U.S Department of Housing and Urban Development (HUD) announced an extension to a foreclosure and eviction moratorium for borrowers with FHA-insured single-family mortgages covered under the Coronavirus Aid, Relief, and Economic Security (CARES) Act for an additional period through December 31, 2020.
27 Aug 2020
ATTOM: Vacant Property and Zombie Foreclosure Report
ATTOM Data Solutions released its third-quarter 2020 Vacant Property and Zombie Foreclosure Report. According to its findings, 1.5 million residential properties in the United States are vacant, representing 1.6 percent of all homes.
27 Aug 2020
VA: Circular 26-20-31: Special Relief Following California Wildfires
The VA issued a release that expresses concern about VA home loan borrowers affected by wildfires in California, and describes measures mortgagees may employ to provide relief.
27 Aug 2020
Fannie Mae: Reminder of Assistance Options for Borrowers Affected by Hurricane Laura and California Wildfires
Fannie Mae issued a release reminding those impacted by Hurricane Laura and the California Wildfires of available mortgage assistance and disaster relief options.
26 Aug 2020
Freddie Mac Confirms Disaster Relief Policies As Hurricane Laura Approaches
Freddie Mac issued a release reminding mortgage servicers of its disaster relief policies for homeowners as Hurricane Laura makes landfall and amid wildfires threatening parts of California.
26 Aug 2020
HUD: California Wildfire Disaster Assistance Announced
The U.S. Department of Housing and Urban Development (HUD) announced that it will deliver federal disaster assistance to the State of California and provide support to homeowners and low-income renters forced from their homes in areas affected by wildfires.
25 Aug 2020
VA: Circular 26-20-30: Extended Foreclosure Moratorium for Borrowers Affected by COVID-19
The U.S. Department of Veterans Affairs (VA) issued a release announcing the extension of a foreclosure moratorium connected to the presidentially-declared COVID-19 national emergency.
24 Aug 2020
VA: Circular 26-20-29: Extended Eviction Moratorium for Borrowers Affected by COVID-19
The U.S. Department of Veterans Affairs (VA) issued a release announcing the extension of an eviction moratorium connected to the presidentially-declared COVID-19 national emergency.
24 Aug 2020
FEMA Declared Disaster Arkansas
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Arkansas affected by severe storms and straight-line winds that took place on April 12, 2020.
21 Aug 2020
FHFA: Foreclosure Prevention Report – May 2020
The Federal Housing Finance Agency (FHFA) issued its May 2020 Foreclosure Prevention, Refinance and FPM Report.
18 Aug 2020
Tropical Storm Josephine Forms in the Atlantic Ocean
The Weather Channel published a report offering the latest on Tropical Storm Josephine, which has formed in the Atlantic Ocean.
13 Aug 2020
VA: VALERI Special Announcement
Due to the high volume of Adequacy of Servicing (AOS) cases expected to generate over the next several months, the U.S. Department of Veterans Affairs has increased the amount released to 5,000 per day.
11 Aug 2020
Gas Explosion Levels Northwest Baltimore Homes
WJZ CBS 13 issued a report detailing a gas explosion that destroyed three homes in Northwest Baltimore’s Reisterstown Station neighborhood.
10 Aug 2020
North Carolina’s Strongest Earthquake in 94 Years Shakes Area Along Virginia Border
CNN published a report outlining a magnitude 5.1 earthquake that occurred two miles southeast of Sparta, N.C. Home damage has been reported in the area.
9 Aug 2020
FEMA Declared Disaster Alabama
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Alabama affected by severe storms and flooding that took place February 5 to March 6, 2020.
31 Jul 2020
HUD: Ben Carson Praises Confirmation of Dana Wade as New FHA Commissioner
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson applauded the confirmation of Dana Wade to serve as the Federal Housing Administration’s (FHA) commissioner. Wade previously served as acting federal housing commissioner and assistant secretary for housing from July 2017 to June 2018, where she oversaw over 2,400 employees and implemented enhanced risk management and monitoring of FHA’s $1.3 trillion portfolio.
28 Jul 2020