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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
The Hidden Costs of Vacant Properties
Hot Air published an article discussing the negative impacts of vacant properties in cities like St. Louis, Mo.
21 Dec 2018
FHFA: Foreclosure Preventions Surpass 4.2 Million in Third Quarter 2018 Report
The Federal Housing Finance Agency (FHFA) issued its third quarter 2018 Foreclosure Prevention Report.
20 Dec 2018
Fannie Mae: SVC-2018-10: Foreclosure Time Frames and Compensatory Fee Requirements
Fannie Mae issued a release describing policy changes related to foreclosure time frames and compensatory fee requirements.
19 Dec 2018
Fannie Mae: AAA Matrix Updates
Fannie Mae announced a number of updates to its AAA Matrix.
19 Dec 2018
FHFA: 2019 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions
The Federal Housing Finance Agency (FHFA) issued a news release announcing the availability of the 2019 Scorecard, which outlines specific conservatorship priorities for Fannie Mae, Freddie Mac, and their joint venture, Common Securitization Solutions, LLC (CSS).
19 Dec 2018
FHFA: Fannie Mae and Freddie Mac’s Modified Underserved Markets Plans for Duty to Serve Program Published
The Federal Housing Finance Agency (FHFA) published Fannie Mae and Freddie Mac’s modified Underserved Markets Plans for 2018-2020 under the Duty to Serve program.
19 Dec 2018
HUD: FHA INFO #18-51: Training Opportunities
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-51.
19 Dec 2018
MHA: HAMP Update: Christmas and New Year’s Day Holiday Support and System Availability
Making Home Affordable (MHA) issued a release outlining system availability during the Christmas and New Year’s Day holidays.
19 Dec 2018
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