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Erie County Taking Steps to Identify Vacant Property Stakeholders
WKBW ABC 7 published an article discussing rising foreclosure rates in Erie County, N.Y., and steps officials have taken to combat the issue. Included is new initiative set to being June 1, 2019, that will align the county with the WNY Law Center to research banks/financial institutions responsible for the maintenance of vacant homes in foreclosure and take legal action on those not in compliance.
29 May 2019
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a release announcing that the new VA Loan Electronic Reporting Interface (VALERI) application has officially gone live.
28 May 2019
FHFA: Staff Appointment Announcement
The Federal Housing Finance Agency (FHFA) issued a news release announcing the addition of Sarah Dumont Merchak as the director of legislative affairs.
28 May 2019
Exercising Caution in Property Preservation
On May 27, DS News published an article authored by McCalla Raymer Leibert Pierce (MRLP) Managing Partner Marcos Posada. In it, Posada explores Illinois vacant property laws and provides insight into the importance for servicers to engage properties cautiously.
27 May 2019
FEMA Declared Disaster Montana
FEMA issued a Presidential Major Disaster Declaration for areas in Montana affected by flooding that took place March 20 to April 10, 2019.
24 May 2019
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a release providing information on pulling and saving several Servicer Operation reports prior to the transition into the new VA Loan Electronic Reporting Interface (VALERI) application scheduled for May 28, 2019.
21 May 2019
FEMA Declared Disaster Navajo Nation
FEMA issued a Presidential Major Disaster Declaration for the Navajo Nation (Arizona, New Mexico, Utah) as a result of a snowstorm and flooding that took place February 21-24, 2019.
21 May 2019
MHA HAMP Update: Memorial Day Holiday Support and System Availability
Making Home Affordable (MHA) issued a release outlining system availability during the Memorial Day holiday.
21 May 2019
FHFA: Prepared Remarks of Dr. Mark A. Calabria
The Federal Housing Finance Agency (FHFA) issued the prepared remarks of Director Mark A. Calabria at the Mortgage Bankers Association (MBA) National Secondary Market Conference & Expo 2019.
20 May 2019
FHFA: Refinance Report – First Quarter 2019
The Federal Housing Finance Agency (FHFA) issued its first quarter 2019 Refinance Report.
20 May 2019
VFSAC Charity Golf Classic Supports Military Veterans’ Housing Needs
MReport published an article highlighting the Veterans Financial Services Advisory Council (VFSAC) First Annual Golf Classic, which took place on May 14 in Frisco, Texas. Safeguard Properties is proud member of the VFSAC’s Executive Council and served as an event sponsor.
20 May 2019
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing important information for servicers. Included is clarification regarding property debris removal.
17 May 2019
FEMA Declared Disaster Tennessee
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms, flooding, landslides and mudslides that took place February 19 to March 30, 2019.
15 May 2019
Fannie Mae: SVC-2019-03: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide that clarify policy regarding mortgage insurance (MI) termination solicitations, simplify policies by removing references to designated document custodians, and more.
15 May 2019
Baltimore Ransomware Attack Cripples City’s Mortgage Operations
The Baltimore Sun published an article outlining issues stemming from a May 7 cyber attack that has compromised the City of Baltimore’s government servers.
14 May 2019
FHFA: Foreclosure Prevention Report – February 2019
The Federal Housing Finance Agency (FHFA) issued its February 2019 Foreclosure Prevention Report.
14 May 2019