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USDA: Single Family Housing Guaranteed Loan Program Integration Update
The U.S. Department of Agriculture (USDA) issued a release outlining the imminent transition of the Single Family Housing Guaranteed Loan Program (SFHGLP) to an integrated, national model. The transition will begin on December 8, 2019.
6 Dec 2019
FEMA Declared Disaster Tennessee
FEMA issued a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms and straight-line winds that took place October 26, 2019.
6 Dec 2019
The Importance of Cybersecurity in Risk Management
DS News published an article highlighting a recent industry webinar hosted by Safeguard Properties that covered trending topics associated with cybersecurity. Included was insight on data breaches, financial services statistics and security risk-based approaches for mortgage servicers.
6 Dec 2019
Top 10 States with Longest Foreclosure Timeline
ATTOM Data Solutions published an article discussing results from its recent U.S. Foreclosure Market Report.
6 Dec 2019
HUD: FHA INFO #19-59: 2020 Nationwide Home Equity Conversion Mortgage Limits
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #19-59.
3 Dec 2019
HUD: Major Disaster Recovery Support Announcement
The U.S. Department of Housing and Urban Development (HUD) announced the allocation of more than $2.3 billion to support the long-term disaster recovery process in hard-hit areas in fifteen states, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, American Samoa and the Commonwealth of the Northern Mariana Islands.
3 Dec 2019
Freddie Mac: Reining in Reverse Occupancy
Freddie Mac published an article exploring reverse occupancy misrepresentation. Potential indicators associated with this type of fraudulent behavior are highlighted for servicer/lender reference.
3 Dec 2019
FHFA: Non-performing Loan Sales Report
The Federal Housing Finance Agency (FHFA) released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac.
2 Dec 2019
Better Predicting Mortgage Default
DS News published an article outlining a recent report from Fitch Ratings that explores mortgage default and identifies metrics that can be used to determine its likelihood.
2 Dec 2019
Three Unusual Tornadoes Confirmed in Arizona Friday
The Weather Channel published a report outlining rare tornadic activity that caused widespread damage in the Phoenix, Ariz., metro area.
29 Nov 2019
Cave Fire Ignites in California
KSBY NBC 6 issued a report offering the latest updates on California’s Cave fire, which has consumed 4,367 acres in Santa Barbara County.
27 Nov 2019
Chemical Plant Explosion Causes Extensive Damage to Texas City
CNN published a report outlining a Texas chemical plant explosion that has reportedly caused home damage and prompted mandatory evacuations.
27 Nov 2019
High Winds Become Catalyst for Oklahoma Wildfire Outbreak
KSN.com published a report offering an update on a rash of wildfires that broke out across Oklahoma and have destroyed at least two homes.
27 Nov 2019
‘Bomb Cyclone’ Expected to Strike West Coast
The Weather Channel published a report detailing an eastern Pacific storm system expected to rapidly intensify into a ‘bomb cyclone’ before moving into portions of Oregon and California.
26 Nov 2019
Tropical Storm Kammuri Impacts Guam
Pacific Daily News published an article outlining the impacts of Tropical Storm Kammuri in Guam as well as its present location.
26 Nov 2019
OCC Bulletin 2019-60: Other Real Estate Owned: Final Rule
The Office of the Comptroller of the Currency (OCC) issued a release outlining a recently published final rule associated with other real estate owned (OREO) activities for national banks and federal savings associations.
26 Nov 2019