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FEMA Declared Disaster Kansas
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kansas affected by severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides that took place April 28 to July 12, 2019.
14 Aug 2019
Fannie Mae: Lender Letter LL-2019-07: Advance Notice of Principal and Interest Drafts for Scheduled/Scheduled and Scheduled/Actual Portfolio Mortgage Loans
Fannie Mae issued a release providing advance notification to servicers of changes that will simplify and streamline the cash remittance and reconciliation process.
14 Aug 2019
Freddie Mac: FHLMC Guide Bulletin 2019-18: Servicing Updates
Freddie Mac issued a release announcing servicing updates that will provide greater flexibility and opportunities for operational efficiency.
14 Aug 2019
FEMA Declared Disaster Oklahoma
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Oklahoma affected by severe storms, straight-line winds, tornadoes and flooding that took place May 7 to June 9, 2019.
13 Aug 2019
HUD: FHA INFO #19-40: Training Opportunities
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #19-40.
9 Aug 2019
VA: Circular 26-19-22: Clarification and Updates to Policy Guidance for VA Interest Rate Reduction Refinance Loans (IRRRLs)
The U.S. Department of Veterans Affairs (VA) issued a release that aims to consolidate and clarify guidance regarding how section 309 of Public Law 115-174, the Economic Growth, Regulatory Relief and Consumer Protection Act, affects IRRRLs.
8 Aug 2019
Fannie Mae: MI Termination in SMDU Starting Soon
Fannie Mae reminded servicers that borrower-initiated mortgage insurance (MI) termination must be processed in the Servicer Management Default Underwriter (SMDU) for both Original Value and Current Value beginning on September 1, 2019.
7 Aug 2019
FEMA Declared Disaster Muscogee (Creek) Nation Oklahoma
FEMA issued a Presidential Major Disaster Declaration for the Muscogee (Creek) Nation (Oklahoma) as a result of severe storms, straight-line winds, tornadoes and flooding that took place May 7 to June 9, 2019.
7 Aug 2019
Tropical Storm Erick Approaching Hawaii, Flossie Following
AccuWeather published a report detailing the latest location of Tropical Rainstorm Flossie and its possible impacts to the Hawaiian Islands.
6 Aug 2019
FEMA Declared Disaster West Virginia
FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia affected by severe storms, flooding, landslides and mudslides that took place June 29-30, 2019.
3 Aug 2019
HUD: Mitigation Funds to be Released in Two Tranches
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the release of an upcoming Federal Register notice that will release disaster mitigation funds in two tranches to areas impacted by recent storms.
2 Aug 2019
Disaster Reporting in the United States
The Urban Institute published a report including a summary of the losses from major disasters, both in data from FEMA and in data on billion-dollar disasters published by the National Oceanic and Atmospheric Administration (NOAA).
2 Aug 2019
FEMA Declared Disaster Kentucky
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kentucky affected by severe storms, straight-line winds, flooding, landslides and mudslides that took place February 6 to March 10, 2019.
1 Aug 2019
City Launches ‘Zombie Team’ to Track Neighborhood Eyesores
PIX 11 published an article discussing a New York City Department of Housing Preservation and Development initiative that aims to monitor abandoned properties throughout the city and transform them into affordable housing.
1 Aug 2019
Fannie Mae: Extension of Cost of Funds Index
Fannie Mae issued a notice alerting servicers of an extension of the cost of funds index (COFI) for one additional year.
31 Jul 2019
U.S. Coastal Communities at Risk for Coastal Flooding
Zillow issued a report that pairs its housing data with Climate Central’s sea-level rise expertise to identify the number of homes located in low-lying coastal areas and projects how many could become exposed to chronic ocean flooding over the coming decades.ok.
31 Jul 2019