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Hawaii’s Kilauea Volcano Erupts, Forms New Lava Lake
The Weather Channel issued a report offering the latest on the eruption of the Kiluea volcano on the Big Island of Hawaii.
21 Dec 2020
FHA: Foreclosure and Eviction Moratorium Extension
The Federal Housing Administration (FHA) announced that it is extending its foreclosure and eviction moratorium for single family FHA-insured mortgages for an additional two months, through February 28, 2021.
21 Dec 2020
FHA INFO #20-95: FHA Extends the Expiration Dates for Multiple COVID-19 Related Policies
The Federal Housing Administration (FHA) announced extensions to several temporary provisions previously
instituted through Mortgagee Letters and policy waivers to help mitigate the impacts of the COVID-19 pandemic on borrowers with FHA-insured mortgages and mortgagees.
21 Dec 2020
FEMA Declared Disaster North Dakota
FEMA issued an update to a Presidential Major Disaster Declaration for areas in North Dakota affected by flooding that took place April 1-25, 2020.
18 Dec 2020
Winter Storm Gail to Slam Northeast with Heavy Snow
The Weather Channel published a report outlining winter storm activity that produced record snowfall in the Northeast U.S.
17 Dec 2020
FHFA: Foreclosure Prevention Report – Third Quarter 2020
The Federal Housing Finance Agency (FHFA) issued its third quarter 2020 Foreclosure Prevention, Refinance and FPM Report.
17 Dec 2020
FHFA: 2021 Housing Goals for Fannie Mae and Freddie Mac Proposed
The Federal Housing Finance Agency (FHFA) issued its final rule on the 2021 housing goals for Fannie Mae and Freddie Mac.
16 Dec 2020
FHA INFO #20-94: FHA Catalyst: Claims Module Now Accepting All FHA Forward Mortgage Claim Types
The U.S. Department of Housing and Urban Development (HUD) announced the addition of the remaining single family forward mortgage claim types within the FHA Catalyst Claims Module.
16 Dec 2020
Tornado Damages Buildings, Knocks Down Trees In Tampa Bay Area
The Weather Channel published a report detailing a tornadic activity that damaged buildings in Florida’s Tampa Bay area.
16 Dec 2020
Fannie Mae: December AAA Matrix Updates
Fannie Mae announced that all AAA matrices have been updated as of December 16, 2020.
16 Dec 2020
FHFA: Non-performing Loan Sales Report – December 2020
The Federal Housing Finance Agency (FHFA) released its report on the sale of non-performing loans by Fannie Mae and Freddie Mac.
15 Dec 2020
MHA: End of Year 2020 HAMP Reporting System Availability
MHA issued a release reminding users that the standard hours of operation for the HAMP Reporting System will be adjusted for end of year 2020.
14 Dec 2020
Foreclosures May Be Subject to ‘Drastic Changes’ Next Year
The latest episode of DS5’s Inside the Industry featured Safeguard Properties Director of Client Account Management Elizabeth Squires, who discussed the impact of COVID-19 on property preservation and foreclosure volumes.
11 Dec 2020
Remnants of Hurricane Laura Spawn Arkansas Tornadoes
FEMA issued a Presidential Major Disaster Declaration for areas in Texas affected by Hurricane Laura from August 23-27, 2020.
9 Dec 2020
HUD: FHA INFO #20-92: Wire Transfers for Secretary-Held HECMs and Partial Claims
The U.S. Department of Housing and Urban Development (HUD) announced that all payoffs for secretary-held HECMs and partial claims must be sent to its loan servicing contractor, Novad Management Consulting, in the form of certified funds, such as a cashier’s check.
9 Dec 2020
Freddie Mac: FHLMC Guide Bulletin 2020-46: Servicing Updates
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium, updates to requirements for borrower-requested cancellation of borrower-paid mortgage insurance, Decision Insights for short sale exceptions, updates to Automated Clearing House authorization forms and more.
9 Dec 2020