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New York City to Combat the Problem of ‘Zombie Homes’
Curbed published an article exploring actions taken in New York designed to address issues stemming from vacant and abandoned properties, foreclosure, homelessness and an affordability crisis.
25 Nov 2019
MHA: Thanksgiving Holiday Support and System Availability
Making Home Affordable (MHA) outlined system availability for the upcoming Thanksgiving holiday.
21 Nov 2019
Group Looks to Reduce Number of Abandoned ‘Zombie’ Homes
The Spokane Journal of Business published an article highlighting the efforts of a coalition of local professionals determined to reduce the number of Spokane, Wash., zombie properties. Other options currently being explored by the city (foreclosure registry, land bank) also are discussed.
21 Nov 2019
CFPB: Report Explores Differences Between Large and Small Mortgage Servicers
The Consumer Financial Protection Bureau (CFPB) issued a report examining the differences between large and small mortgage servicers. The report explores the role servicers of different sizes play in the mortgage market where size is defined by the number of loans serviced.
21 Nov 2019
FHFA: Key Hires Announced
The Federal Housing Finance Agency (FHFA) announced the recent additions of Thaya Knight as senior counsel for policy and regulation and Lydia Mashburn as deputy chief of staff.
20 Nov 2019
Freddie Mac: FHLMC Guide Bulletin 2019-24: Updates to Mortgage Insurance Master Policies
Freddie Mac announced changes to its approved mortgage insurers'(MI) master policies, endorsements and other forms that were last updated in 2014.
20 Nov 2019
FHFA: Performance and Accountability Report
The Federal Housing Finance Agency (FHFA) released its 2019 Performance and Accountability Report.
19 Nov 2019
Federal Reserve Bank of Atlanta: Foreclosure Externalities and Vacant Property Registration Ordinances
The Federal Reserve Bank of Atlanta published a white paper that tests the effectiveness of vacant property registration ordinances (VPROs) in reducing negative externalities from foreclosures.
19 Nov 2019
HUD: FHA INFO #19-57: Annual Report To Congress
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #19-57.
14 Nov 2019
Fannie Mae: SVC-2019-07: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide. Included are changes that streamline requirements related to canceling property insurance and flood insurance when Fannie Mae acquires a property.
13 Nov 2019
Freddie Mac: FHLMC Guide Bulletin 2019-23: Updates on Servicing Gateway
Freddie Mac issued a release announcing updates related to flood insurance, resale restrictions and right of first refusal, reimbursment of legal fees and costs, and the Freddie Mac Servicing Gateway.
13 Nov 2019
REO Auctions Attracting Competing Bids
Auction.com issued a report highlighting bank-owned property auction data from the third quarter of 2019.
11 Nov 2019
Tropical Depression Imelda Drenching Texas Coast
The U.S. Department of Veterans Affairs (VA) issued a circular that expresses concern about VA home loan borrowers affected by Tropical Storm Imelda and describes measures mortgagees may employ to provide relief.
8 Nov 2019
HUD: FHA INFO #19-56: Training Opportunities
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #19-56.
8 Nov 2019
VA: Circular 26-19-29: Special Relief Following Tropical Storm Imelda
The U.S. Department of Veterans Affairs (VA) issued a circular that expresses concern about VA home loan borrowers affected by Tropical Storm Imelda and describes measures mortgagees may employ to provide relief.
8 Nov 2019
OCC: Deputy Comptroller for Operational Risk Named
The Office of the Comptroller of the Currency (OCC) announced that Kevin Greenfield would become the agency’s Deputy Comptroller for Operational Risk.
7 Nov 2019