Archives For:
Approved Ohio Bill Amends Provisions for Mortgage Servicer Registration
House Bill 489 has been signed by Governor John Kasich. The law will become effective 91 days after filling with the secretary of state.
19 Dec 2018
Publication Service in Foreclosure
DS News published an article authored by Codliss & Associates, P.C. Attorney Lauren Riddick. In it, Riddick explores the importance of “personal jurisdiction” in foreclosure cases.
17 Dec 2018
Calif. App. Court Rules Servicer and Investor Did Not Violate HBOR
Lexology posted a blog authored by Maurice Wutscher LLP Attorney Ernest Wagner. In it, Wagner outlines a recent California Fourth District Court of Appeals decision relating to the California Homeowner Bill of Rights (HBOR).
17 Dec 2018
FHFA: Refinance Report – October 2018
The Federal Housing Finance Agency (FHFA) issued its October 2018 Refinance Report.
13 Dec 2018
Freddie Mac: FHLMC Guide Bulletin 2018-26: Servicing Updates
Freddie Mac issued a release containing a number of updates relevant to servicers. Included are changes to state foreclosure timelines and compensatory fees.
12 Dec 2018
Fannie Mae: SVC-2018-09: Servicing Guide Updates
Fannie Mae issued a release containing a number of updates relevant to servicers. Included are changes to guidelines for managing insurance loss proceeds.
12 Dec 2018
CFPB: Press Statement by Mick Mulvaney
The Consumer Financial Protection Bureau (CFPB) issued a statement from Acting Director Mick Mulvany commending the U.S. Senate for confirming Kathy Kraninger as the Bureau’s next director.
11 Dec 2018
OCC: Third Quarter 2018 Mortgage Metrics Report
The Office of the Comptroller of the Currency (OCC) issued its third quarter 2018 Mortgage Metrics Report.
11 Dec 2018
Freddie Mac: Holiday Eviction Moratorium; Natural Disaster Relief Policy Confirmation
Freddie Mac issued a news release announcing a nationwide suspension of eviction lockouts between December 17, 2018 and January 2, 2019. The release also confirmed mortgage relief options for disaster areas impacted by wildfire activity in California.
10 Dec 2018
Fannie Mae: Eviction Suspension for the Holidays
Fannie Mae issued a news release announcing the suspension of eviction lockouts for foreclosed single-family properties during the 2018 holiday season.
10 Dec 2018
Bill to Permit Municipal Land Banking with Online Database Clears Committee
Insider NJ published an article announcing that legislation aiming to permit municipal land banking in conjunction with online property database development in New Jersey cleared the Senate Budget and Appropriations Committee.
10 Dec 2018
MHA: HAMP Update: Supplemental Directive 18-01: Making Home Affordable Program – Program End Date and Administrative Clarifications
Making Home Affordable (MHA) issued a release providing guidance relating to servicers’ continuing obligations to meet requirements set forth in the Servicer Participation Agreement and related documents (SPA).
10 Dec 2018
New Jersey Bill Aims to Create Foreclosure Buyback Program
Senate Bill 1584 (Establishes the “New Jersey Residential Foreclosure Transformation Act”) was reported from the Senate Budget and Appropriations Committee with amendments and a second reading. The bill was originally introduced on February 5.
10 Dec 2018
Winter Storm Diego Set to Strike Southeast
The Weather Channel published an article outlining winter storm activity forecast to directly impact the Southeastern U.S.
9 Dec 2018
FEMA Declared Disaster Connecticut
FEMA issued a Major Presidential Disaster Declaration for areas in Connecticut affected by severe storms and flooding from September 25-26.
5 Dec 2018
FHFA: Non-performing Loan Sales Report
The Federal Housing Finance Agency (FHFA) issued its semiannual report providing information about the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac.
4 Dec 2018