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Servicers Treating Government Shutdown Like a Natural Disaster
National Mortgage News published an article discussing ways mortgage servicers are engaging the current federal government shutdown.
4 Jan 2019
Foreclosures in the Big Apple
DS News published an article outlining a recent report from Property Shark detailing fourth quarter 2018 foreclosure activity in New York City.
4 Jan 2019
Cuyahoga County Considers Sweeping Housing Program to Stabilize Neighborhoods
Cleveland.com published an article outlining a proposed Cuyahoga County, Ohio, plan aiming to stabilize home values and eliminate blight. The plan also would redirect the county land bank to focus on property rehabilitation as opposed to demolition.
4 Jan 2019
HUD: Contingency Plan for Possible Lapse in Appropriations 2018
As a result of the continued federal government shutdown, the U.S Department of Housing and Urban Development (HUD) has issued its contingency plan for possible lapse in appropriations.
3 Jan 2019
Freddie Mac: FHLMC Guide Bulletin 2019-1: Temporary Requirements Related to the Federal Government Shutdown
Freddie Mac issued a release providing temporary selling and servicing requirements to assist borrowers who may have been impacted by the federal government shutdown.
3 Jan 2019
MHA: HAMP Update: HMPAdmin.com Release Outage Notification
Making Home Affordable (MHA) issued a release outlining system availability between January 11-14.
2 Jan 2019
Rockford Approves Land Bank to Clean-Up Problem Properties
WREX NBC 13 issued a report confirming an approved land bank agreement between the City of Rockford, Ill., and several counties.
2 Jan 2019
Happy Holidays, the Government is Still Shut Down
HousingWire published an article outlining the effects of the partial federal government shutdown on the housing industry.
26 Dec 2018
Fannie Mae: Lender Letter LL-2018-06: Selling/Servicing Policies
Fannie Mae issued a release providing temporary guidance on selling and servicing policies that may be impacted by the federal government shutdown that occurred on December 22.
26 Dec 2018
Freddie Mac: Government Shutdown Will Not Impact Operations
Freddie Mac issued a release confirming operations during the current federal government shutdown.
26 Dec 2018
HUD: FHA Single Family Housing Operations and Systems Availability During Government Shutdown
The U.S. Department of Housing and Urban Development (HUD) issued single-family news and updates in FHA INFO #18-52.
26 Dec 2018
OCC: Chief Counsel Named
The Office of the Comptroller of the Currency (OCC) issued a news release announcing the addition of Jonathan Gould as senior deputy comptroller and chief counsel.
26 Dec 2018
Servicers’ Status for 2019? It’s Complicated
National Mortgage News published an article offering a preliminary outlook for mortgage servicing for the coming year.
24 Dec 2018
VA: Circular 26-18-30: Revisions to VA-Guaranteed Cash-Out Refinancing Home Loans (RIN 2900-AQ42)
The U.S. Department of Veterans Affairs (VA) issued a revised version of Circular 26-18-30. The circular clarifies loan seasoning requirements for TYPE II cash-out refinancing loans.
21 Dec 2018
FHFA: Statement of Melvin L. Watt
The Federal Housing Finance Agency (FHFA) issued the statement of Director Melvin L. Watt on the designation of Comptroller of the Currency Joseph Otting as acting FHFA director.
21 Dec 2018
Freddie Mac: Flood Insurance Requirements Remain Unchanged During a Lapse in the National Flood Insurance Program
Freddie Mac issued a release outlining flood insurance policy after December 21.
21 Dec 2018