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Freddie Mac: An Evolving Experience in Servicing Gateway
Freddie Mac issued a release outlining upcoming changes to its Servicing Gateway platform scheduled to become effective on May 25, 2020.
18 May 2020
Industry Leaders Discuss COVID-19 Property Preservation Challenges
Safeguard Properties COO Michael Greenbaum recently joined a panel of industry leaders featured in the latest DS News DS5: Inside the Industry newscast. The panel discussed how the current COVID-19 pandemic has impacted the mortgage field services industry and outlined various challenges now being faced.
14 May 2020
FHFA: Foreclosure Prevention Report – February 2020
The Federal Housing Finance Agency (FHFA) issued its February 2020 Foreclosure Prevention, Refinance and FPM Report.
14 May 2020
FEMA Declared Disaster South Carolina
FEMA issued an update Presidential Major Disaster Declaration for areas in South Carolina affected by severe storms, tornadoes and straight-line winds that took place April 12-13, 2020.
12 May 2020
HUD: Ben Carson Congratulates Brian Montgomery on Deputy Secretary Confirmation
HUD Secretary Ben Carson applauded the confirmation of Brian D. Montgomery to serve as department deputy secretary. As the second most senior official at HUD, Mr. Montgomery will manage the day-to-day operations of the agency and will advise and assist the secretary in leading the department’s nearly 8,000 employees.
12 May 2020
FHA Single Family Housing COVID-19 Q&A
HUD enhanced its COVID-19 FAQ resource to include expanded guidance for a variety of categories related to lending/servicing.
11 May 2020
FEMA Declared Disaster Tennessee
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms, tornadoes, straight-line winds and flooding that took place April 12-13, 2020.
8 May 2020
FEMA Declared Disaster Seminole Tribe of Florida
FEMA issued a Presidential Major Disaster Declaration for the Seminole Tribe of Florida as a result of the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing.
8 May 2020
FEMA Declared Disaster Arkansas
FEMA issued a Presidential Major Disaster Declaration for areas in Arkansas affected by severe storms, tornadoes and straight-line winds that took place March 28, 2020.
8 May 2020
ATTOM: 3.6 Million Homes Considered Seriously Underwater
ATTOM Data Solutions released its first quarter 2020 U.S. Home Equity & Underwater Report. According to its findings, 3.6 million (one in 15) mortgaged homes were considered seriously underwater during this time frame.
7 May 2020
AccuWeather Increases Number of Hurricanes Predicted for 2020 Atlantic Season
AccuWeather published a report outlining its updated 2020 Atlantic Basin hurricane forecast.
7 May 2020
HUD: Interagency COVID-19 Servicer Fact Sheet
HUD published an informational resource created for servicers with loans insured or guaranteed by the Federal Housing Administration (FHA), Department of Veterans Affairs (VA) or Rural Housing Service (RHS).
6 May 2020
FHFA: New COO Announced
The Federal Housing Finance Agency (FHFA) announced that Kate Fulton will join the agency as chief operating officer on May 26.
27 Apr 2020
FHFA: Reporting by Regulated Entities of Stress Testing Results as of December 31, 2019
The FHFA announced that it issued orders with respect to stress test reporting as of December 31, 2019, under the Dodd-Frank Wall Street Reform and Consumer Protection Act, as amended by the Economic Growth, Regulatory Relief, and Consumer Protection Act.
27 Apr 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 October 9-26, 2019.
24 Apr 2020
CFPB: Mortgage Loan Transfer Process to Prevent Consumer Harm
The CFPB has outlined practices to provide mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages.
24 Apr 2020