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FEMA Declared Disaster Puerto Rico
FEMA issued a Presidential Major Disaster Declaration for areas in Puerto Rico affected by severe storms and flooding that took place September 13, 2020.
5 Nov 2020
FEMA Declared Disaster New York
FEMA issued an update to a Presidential Major Disaster Declaration for areas in New York affected by Tropical Storm Isaias on August 4, 2020.
3 Nov 2020
Freddie Mac: FHLMC Guide Bulletin 2020-33: Servicing and Selling Updates
Freddie Mac updated the effective date for the deployment of the new Unified Counterparty Experience System® from November 8, 2020 to December 7, 2020.
2 Nov 2020
MHA: HAMP Update: Revised Official Monthly Reporting Job Aids Posted
Making Home Affordable (MHA) announced the availability of updated Official Monthly Reporting (OMR) and Reporting OMR for Government Loans job aids.
30 Oct 2020
Sliding Scale
The latest Five Star Institute Property Preservation Executive Forum newsletter featured an article authored by Safeguard Properties COO Michael Greenbaum. In it, Greenbaum discusses how mortgage field services companies can prepare for and adapt to industry fluctuations through continued education and healthy relationships with mortgage servicers.
30 Oct 2020
Fannie Mae Lender Letter LL-2020-13: Automatic Reclassification of Delinquent MBS Mortgage Loans
Fannie Mae updated Lender Letter LL-2020-13 to provide procedural details for servicers related to the reclassification of delinquent MBS mortgage loans and to clarify effective dates.
28 Oct 2020
Mortgage Industry Professionals Discuss 2021’s Anticipated Challenges
DS News published an article outlining the 2020 National Property Preservation Conference, which is taking place October 27-29 as a virtual event. Included are comments from Safeguard Properties CEO Alan Jaffa.
28 Oct 2020
HUD: FHA INFO #20-79: CWCOT Webinar – New Date for Second Session
The U.S. Department of Housing and Urban Development (HUD) announced a second date to participate in its Claims Without Conveyance of Title (CWCOT) webinar.
28 Oct 2020
FHFA: Strategic Plan: Fiscal Years 2021 – 2024 Final
The Federal Housing Finance Agency (FHFA) released its 2021-2024 strategic plan, which reflects its priorities as a regulator of Federal Home Loan Banks and as a regulator and conservator of Fannie Mae and Freddie Mac.
27 Oct 2020
7.5 Magnitude Alaskan Earthquake Triggers Small Tsunami
CNN published a report offering the latest on a powerful aftershock stemming from a July earthquake that struck near the Alaskan coast.
20 Oct 2020
Tropical Storm Epsilon Forms in Atlantic Ocean
USA Today published an article outlining the formation of Tropical Storm Epsilon in the Atlantic Ocean. At this time, the system is not expected to impact the U.S.
19 Oct 2020
FHFA: Prepared Remarks of Mark Calabria at 2020 MBA Convention and Expo
The Federal Housing Finance Agency (FHFA) issued the prepared remarks of Director Mark A. Calabria at the 2020 Mortgage Bankers Association (MBA) Convention and Expo.
19 Oct 2020
FHFA: Foreclosure Prevention Report – July 2020
The Federal Housing Finance Agency (FHFA) issued its July 2020 Foreclosure Prevention, Refinance and FPM Report.
15 Oct 2020
Fannie Mae Lender Letter LL-2020-05: Payment Deferral
Fannie Mae updated its Payment Deferral Lender Letter to clarify that a borrower’s acceptance of a payment deferral will result in the mortgage loan’s withdrawal from HAMP and the loss of any future HAMP “pay for performance” incentives.
14 Oct 2020
FEMA Declared Disaster Florida
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Florida affected by Hurricane Sally beginning on September 14, 2020 and continuing.
14 Oct 2020
Fannie Mae: SVC-2020-05: Servicing Guide Updates
Fannie Mae issued a release announcing updates to its Valuation Management System Valuation Order template, Evaluation Notices and payment deferral agreement.
14 Oct 2020