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St. Louis Prepares to Launch ‘Dollar House’ Program
St. Louis Public Radio (NPR) published an article discussing a St. Louis, Mo., pilot program aiming to reduce the number of vacant, city-owned properties.
28 Jan 2019
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release outlining scheduled system maintenance and Development Updates.
25 Jan 2019
Senate Expected to Pass Bill to End Shutdown
The Hill published a report announcing a pending short-term agreement that would fund the federal government until February 15, 2019.
25 Jan 2019
CFPB: Changes to Senior Leadership
The Consumer Financial Protection Bureau (CFPB) issued a press release announcing internal leadership changes.
25 Jan 2019
Foreclosure Prevention Report – October 2018
The Federal Housing Finance Agency (FHFA) issued its October 2018 Foreclosure Prevention Report.
22 Jan 2019
Destructive Tornado Damages Homes in Alabama
The Weather Channel issued a report outlining tornadic activity in the Southeastern U.S.
20 Jan 2019
Winter Storm Harper Set to Sweep Across Country
The Weather Channel issued a report outlining major winter storm activity that will continue to impact multiple areas of the U.S. over the next several days.
19 Jan 2019
Fannie Mae: Enhancements Reduce Manual Work on FHA Loan Payoffs
Fannie Mae announced that beginning January 27, 2019, servicers will no longer be required to contact Fannie Mae Investor Reporting analysts to request shortage surplus adjustments for Actual/Actual Federal Housing Administration (FHA) loan payoffs.
16 Jan 2019
FHFA: Refinance Report – November 2018
The Federal Housing Finance Agency (FHFA) issued its November 2018 Refinance Report.
15 Jan 2019
NJ Land Bank Bill Lands in Assembly
S-1214 was received in the New Jersey Assembly and had a second reading. The bill would allow for the creation of municipal land banks in conjunction with online property database development.
15 Jan 2019
The Shutdown’s Impact on Financial Services
National Mortgage News published an article discussing how financial services are most affected by the ongoing federal government shutdown.
13 Jan 2019
Mortgage Industry Chief Gets Some Federal Employees Back to Work with Pay
The Real Deal posted an article (originally published by The Washington Post) highlighting the recent lobbying efforts of Mortgage Bankers Association (MBA) President and CEO Robert Broeksmit.
13 Jan 2019
Servicers Must Adjust Operation Policies to Meet HUD Conveyance Deadlines and Avoid Delays
In their latest Executive Conversation web series installment, HousingWire sat down with Safeguard Properties Chief Operating Officer Michael Greenbaum. The conversation focuses on steps servicers can take to meet conveyance deadlines and the expansion of the Federal Housing Agency’s (FHA) Claims Without Conveyance of Title (CWCOT) Program.
11 Jan 2019
Democrats Move to Prevent Foreclosures, Evictions on Unpaid Federal Workers
HousingWire published an article outlining the newly proposed Federal Employee Civil Relief Act (S.72). The bill aims to prohibit landlords and creditors from taking action against federal workers or contractors who are affected by a government shutdown and unable to pay their rent, mortgages, or other loans.
11 Jan 2019
Freddie Mac: FHLMC Guide Bulletin 2019-2: Credit Reporting Guidance Related to the Federal Government Shutdown
Freddie Mac issued a release providing temporary guidance to help servicers and sellers assist borrowers impacted by the federal government shutdown.
11 Jan 2019
Fannie Mae: Lender Letter LL-2019-01: Impact of Federal Government Shutdown (Servicing)
Fannie Mae issued a release clarifying expectations and requirements with respect to credit reporting regarding mortgage loans made to government employees and other workers impacted by the federal government shutdown.
11 Jan 2019