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Erie County Introduces “ZOMBIE Watch”

WBEN published a report outlining the introduction of Erie County, N.Y.’s “ZOMBIE Watch”, a new program created through the county clerk’s ZOMBIES Initiative.

22 Feb 2020

CFPB: Supplemental Notice of Proposed Rulemaking on Time-Barred Debt Disclosures

The Consumer Financial Protection Bureau (CFPB) issued a Supplemental Notice of Proposed Rulemaking regarding the collection of time-barred debt.

21 Feb 2020

President Trump Announces Nomination for Federal Housing Commissioner

President Donald J. Trump announced his intent to nominate Dana T. Wade to be the assistant secretary for housing, federal housing commissioner.

20 Feb 2020

California Bill Aims to Fine Companies in Possession of Vacant Homes

California Senate Bill 1079 would allow jurisdictions (cities/counties) to impose fines on corporations owning multiple single-family homes that have been vacant for more than 90 days. It also would grant tenants the right of first refusal to purchase foreclosed properties. The legislation was introduced on February 19.

19 Feb 2020

Relentless Storms Roll Across Southern U.S.

WSFA NBC 12 issued a report outlining a statewide emergency declaration issued by Alabama Governor Kay Ivey in response to widespread flooding.

18 Feb 2020

Safeguard Properties Enhances Controls Around Scheduled Inspections

Safeguard Properties has developed enhanced controls surrounding insurance loss and other scheduled inspections through its proprietary SafeView Field Services platform.

18 Feb 2020

VA: VALERI Servicer Newsflash

The U.S. Department of Veterans Affairs (VA) issued several updates relevant to servicers. Included is the availability of special relief following earthquakes in Puerto Rico, information pertaining to property redemption procedures and instructions for HOA notices/utility bill document handling after conveyance.

14 Feb 2020

FHFA: Foreclosure Prevention Report – November 2019

The Federal Housing Finance Agency (FHFA) issued its November 2019 Foreclosure Prevention Report.

14 Feb 2020

FHA INFO #20-13: Training Opportunities

The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-13.

14 Feb 2020

Freddie Mac: FHLMC Guide Bulletin 2020-02

Freddie Mac issued a release announcing servicing updates related to cooperative share loans and voluntary partial cancellations.

12 Feb 2020

Fannie Mae: SVC-2020-01: Servicing Guide Update

Fannie Mae announced updates relevant to servicers. Included are revisions to the foreclosure milestone schedule, the elimination of prorated foreclosure fee requirements, and clarification regarding delinquency exception reporting.

12 Feb 2020

MHA: Presidents’ Day Holiday Support and System Availability

Making Home Affordable (MHA) issued a release outlining system availability during the Presidents’ Day Holiday.

12 Feb 2020

Allegany County Land Bank Aims for Busy 2020

The Olean Times Herald published an article discussing upcoming initiatives slated for the Allegany County (NY) Land Bank Corporation.

11 Feb 2020

MBA: Mortgage Delinquencies Decrease in Fourth Quarter of 2019

The Mortgage Bankers Association (MBA) highlighted key findings from its fourth quarter 2019 National Delinquency Survey.

11 Feb 2020

CFPB: Testimony of Kathleen L. Kraninger

The Consumer Financial Protection Bureau (CFPB) published the written testimony of Kathleen L. Kraninger before the House Committee on Financial Services. The testimony outlines the bureau’s Fall 2019 Semi-Annual Report to Congress.

6 Feb 2020

Hartford Land Bank Announces Executive Director

The Hartford Courant published an article highlighting the appointment of Laura Settlemyer as executive director of the Hartford (Conn.) Land Bank.

5 Feb 2020

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