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Freddie Mac: Servicing Guidance for Mortgages Impacted by Eligible Disasters
Freddie Mac issued a release outlining a new Industry Letter that reminds servicers of requirements for servicing mortgages impacted by eligible disasters.
18 Jul 2018
FHFA: Refinance Report – May 2018
The Federal Housing Finance Agency (FHFA) issued its May 2018 Refinance Report.
17 Jul 2018
FEMA Declared Disaster New Jersey
On July 13, 2018, FEMA issued an update to a Presidential Major Disaster Declaration for areas in New Jersey affected by a severe winter storm and snowstorm from March 6-8, 2018.
13 Jul 2018
FEMA Declared Disaster West Virginia
FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia affected by severe storms, flooding, landslides and mudslides from May 28 to June 3, 2018.
12 Jul 2018
FHFA: Foreclosure Prevention Report – April 2018
The Federal Housing Finance Agency (FHFA) issued its April 2018 Foreclosure Prevention Report.
12 Jul 2018
Fannie Mae: New APIs Available; Updated Fraud Alert; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
11 Jul 2018
Puerto Rico Addresses
In the latest edition of the Edge, the online magazine of the U.S. Department of Housing’s (HUD) Office of Policy Development and Research (PD&R), General Deputy Assistant Secretary for Policy Development and Research Todd M. Richardson discusses the importance of obtaining accurate addresses in Puerto Rico.
10 Jul 2018
HUD: U.S. Virgin Islands’ $243 Million Disaster Recovery Plan Approved
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the approval of a disaster recovery plan to help citizens in the U.S. Virgin Islands recover from Hurricanes Irma and Maria.
10 Jul 2018
VA: Updated Regional Loan Center Contact Information
The U.S. Department of Veterans Affairs (VA) has updated its Regional Loan Center (RLC) Contact Information.
10 Jul 2018
Chicago Targets ?Zombie Housing? for Renewal, Block by Block
U.S. News & World Report published an article outlining a partnership between the City of Chicago, Ill., nonprofit community groups, financial institutions and others that aims to revitalize housing left behind in the foreclosure crisis.
9 Jul 2018
Indiana Reopens Embattled Foreclosure Prevention Program Following Criticism from Federal Auditors
WRTV ABC 6 released a report outlining the recent reopening of Indiana’s Hardest Hit Fund application process. The action will allow homeowners who have fallen behind their mortgage to apply for a one-time assistance of up to $30,000.
9 Jul 2018
This California Town Will Give a $500 Monthly Stipend to Residents
CNN issued a report discussing a planned Universal Basic Income (UBI) initiative set to take place in Stockton, Calif., which aims to give 100 residents $500 a month for 18 months without any conditions. It appears that the funds could be utilized for mortgage payments, thereby mitigating mortgage delinquency and property abandoned.
9 Jul 2018
CFPB: Acting Deputy Director Announced
The Consumer Financial Protection Bureau (CFPB) issued a press release announcing the selection of Brian Johnson as Acting Deputy Director.
9 Jul 2018
FHLMC Guide Bulletin 2018-11: Subsequent Transfers of Servicing and Intra-Servicer Portfolio Moves
Freddie Mac issued a release announcing the delay of updates associated with its Service Loans application.
6 Jul 2018
Rockingham County to Collect Nuisance Fees for Cities, Towns
Rockingham Now released an article discussing the efforts of Rockingham County, N.C., to add city and town nuisance abatement fees to its tax bills.
4 Jul 2018
HUD: FHA INFO #18-27: Elimination of FHA Inspector Roster
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-27.
3 Jul 2018