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FEMA Declared Disaster Kentucky
On May 24, 2018, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kentucky as a result of severe storms, tornadoes, flooding, landslides and mudslides that took place February 21 to March 21, 2018.
24 May 2018
FEMA Declared Disaster Ohio
On May 24, 2018, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Ohio affected by severe storms, flooding and landslides from February 14-25, 2018.
24 May 2018
Proposed Vacant Building Ordinance Draws Objections
The New Castle News published an article discussing a newly proposed foreclosure bond ordinance in New Castle, Pa.
24 May 2018
Trump Signs Dodd-Frank Reform Bill
On May 24, 2018, Senate Bill 2155 (Economic Growth, Regulatory Relief, and Consumer Protection Act) was signed into law by President Donald Trump.
24 May 2018
Fannie Mae: Updates to High LTV Refi Option and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
23 May 2018
FHFA: 2017 Report to Congress
The Federal Housing Finance Agency (FHFA) released its 2017 Report to Congress.
23 May 2018
FHFA: Statement of Melvin Watt
The Federal Housing Finance Agency (FHFA) published the statement of Melvin L. Watt before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
23 May 2018
HUD Senate Confirms Brian Montgomery to Lead Federal Housing Administration
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the U.S. Senate confirmation of Brian D. Montgomery as Assistant Secretary of Housing at HUD and Commissioner of the Federal Housing Administration (FHA).
23 May 2018
HUD: FHA INFO #18-20: 90-Day Conditional Extension of Foreclosure Moratorium for Areas Affected by Hurricane Maria in Puerto Rico and the U.S. Virgin Islands
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-20.
16 May 2018
HUD: FHA INFO #18-21: Extension of HECM Foreclosure Timelines for Properties Impacted by Hurricane Maria in Affected Areas in Puerto Rico and the U.S. Virgin Islands
The U.S. Department of Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-21.
16 May 2018
VA: Circular 26-18-11: Change to Winterization Fee Policy
The U.S. Department of Veterans Affairs (VA) issued a circular providing updated guidance on winterization fees for preservation of properties securing VA-guaranteed loans.
16 May 2018
VA: Circular 26-18-10: Special Relief Following Hawaii Volcanic Eruptions and Earthquakes
The U.S. Department of Veterans Affairs (VA) issued a circular expressing concern about VA home loan borrowers affected by volcanic eruptions and earthquakes in the State of Hawaii, and describes measures mortgagees may employ to provide relief.
16 May 2018
The Empty House Next Door
The Lincoln Institute of Land Policy and the Center for Community Progress published a report that lays the groundwork for exploring the issue of vacancy by defining what is meant by a “vacant” property, what constitutes a “healthy” vacancy rate, how vacant properties are measured, and why properties become vacant and abandoned.
15 May 2018
FHFA: Refinance Report – First Quarter 2018
The Federal Housing Finance Agency (FHFA) issued its first quarter 2018 Refinance Report.
15 May 2018
Cities Now Use Taxes to Fight Blight. Is It Working?
Governing Magazine published an article discussing the concept of utilizing property taxes to address blight.
14 May 2018
VA: Circular 26-18-8: Special Relief Following Hawaii Severe Storms, Flooding, Landslides and Mudslides
The U.S. Department of Veterans Affairs (VA) issued a circular expressing concern about VA home loan borrowers affected by severe storms, flooding, landslides and mudslides in the State of Hawaii and describes measures mortgagees may employ to provide relief.
14 May 2018