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Foreclosure Bill Prefiled in Oklahoma
Senate Bill 123 (Mortgages; modifying period of time mortgagor has to cure breach or default. Effective date.) had a second reading and was referred to the Judiciary on February 5, 2019.
6 Mar 2019
HUD: Disaster Assistance for Alabama Tornado Victims
The U.S. Department of Housing and Urban Development (HUD) announced that it will provide mortgage relief and other support to homeowners and low-income renters forced from their homes in Lee County, Ala.
6 Mar 2019
Tornadoes Blow Through Southeast
USA Today issued a report outlining extensive tornadic activity across the Southeast U.S.
5 Mar 2019
FEMA Declared Disaster Alabama
FEMA issued a Presidential Major Disaster Declaration for areas in Alabama affected by severe storms, straight-line winds and tornadoes that took place March 3, 2019.
5 Mar 2019
Freddie Mac: Industry Letter Announces Updated Requirements Related to Single Security
Freddie Mac announced the publishing of an Industry Letter as a follow up to the final rule the Federal Housing Finance Agency (FHFA) adopted on February 28, 2019, supporting the Single Security Initiative.
5 Mar 2019
Fannie Mae: Lender Letter LL-2019-03: Interest Rate Spread for Fixed-Rate MBS and Servicing Fee Requirements for Fixed-Rate Loans
Fannie Mae issued a release providing guidance on changes to the allowable interest rate spread in fixed-rate MBS and Uniform Mortgage-Backed Securities (UMBS™) and the maximum servicing fee permitted for fixed-rate loans.
5 Mar 2019
FEMA Declared Disaster Washington
FEMA issued a Presidential Major Disaster Declaration for areas in Washington affected by severe winter storms, straight-line winds, flooding, landslides, mudslides and a tornado that took place December 10-24, 2018.
4 Mar 2019
Freddie Mac: We’re Re-Imagining Servicing with a New Rewards Program, and More
Freddie Mac announced the launch of an initiative that aims to transform the servicing landscape through greater technology speed and efficiency, simplified processes and more.
4 Mar 2019
New York Bill Focuses on Abandoned Property Redemption
NY S.1864 passed the New York Senate on February 26, 2019. The bill intends to lower the tax redemption period for certified vacant and abandoned buildings from two to one year. Also included is an amendment (Real Property Tax Law) for municipalities to expedite foreclosure proceedings on such properties based upon certain qualifying factors.
1 Mar 2019
Thousands of Homes, Businesses Flooded in Northern California
AccuWeather issued a report outlining severe flooding and mudslides in several California counties located near the Russian River.
28 Feb 2019
Winter Storm Prompts Governor Declaration in Oregon
Oregon Governor Kate Brown issued a state of emergency for 10 counties affected by severe winter storm conditions.
28 Feb 2019
Looking for Solutions
The February issue of DS News featured an article offering an in-depth analysis of the current default servicing landscape by a number of key executives associated with the industry. Included are comments from Safeguard Properties CEO Alan Jaffa.
27 Feb 2019
MBA’s National Mortgage Servicing Conference & Expo 2019
February 25-28 Orlando, FL Safeguard is proud to introduce New York Times Best-Selling Author Janine Driver at the MBA National Mortgage Servicing Conference Feb. 25-28, 2019 in Orlando, Fla., as part of our Diamond sponsorship. Join us as we lead a roundtable discussion on the New York Zombie Properties Law from 2-5 p.m. on Feb. […]
25 Feb 2019
Severe Storms, Dangerous Flooding Overspread Southern U.S.
AccuWeather issued a report outlining severe weather activity in the southern U.S. Included is a confirmed tornado that touched down in Mississippi and widespread flooding affecting several states.
23 Feb 2019
Adapt, Evolve…and Remember the Basics
The February issue of DS News featured an article authored by Safeguard CEO Alan Jaffa. In it, Jaffa discusses the importance for mortgage field services companies to nurture traditional customer service practices while pursuing innovative technological solutions.
20 Feb 2019
Fannie Mae: AAA Matrix Updates
Fannie Mae announced that the Upset Bid standard excess fee ($75) was added to the North Carolina AAA matrix for services rendered on or after February 20. Also, the Property Preservation Protective Order standard excess fee ($700) was added to the Puerto Rico AAA matrix.
20 Feb 2019