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Lynn, MA Mediation Law Faces Revocation

MA S.884 (An act clarifying municipal authority regarding cash sureties and foreclosures) has replaced S.2396 in the Massachusetts Senate.

19 Mar 2018

Foreclosure Proceedings Bill Approved in Florida

FL SB 220 (Bankruptcy Matters in Foreclosure Proceedings) was approved by Governor Rick Scott on March 19, 2018.

19 Mar 2018

Lawsuit Against City Officials Allege Vacant Property Registry Violates Fourth Amendment

MLive.com published an article outlining a recently filed federal class-action lawsuit against two Saginaw, Mich., city officials, alleging that language included on the city’s vacant property registration application violates amendment rights of property owners.

19 Mar 2018

HUD: FHA INFO #18-12: 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 Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-12.

19 Mar 2018

Securing Foreclosure Protections for Veterans

DS News published an article outlining passed legislation designed to help protect military servicemembers and their families from foreclosure.

17 Mar 2018

FHFA: Refinance Report – January 2018

The Federal Housing Finance Agency (FHFA) issued its January 2018 Refinance Report.

15 Mar 2018

HUD: FHA INFO #18-11: Training Opportunity

The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-11.

15 Mar 2018

HUD: Secretary Carson Launches New Financial Controls to Enhance Department’s Fiscal Strength and Integrity

The U.S. Department of Housing and Urban Development (HUD) issued a press release outlining new measures that will protect the financial integrity of the agency and correct lax internal processes and controls.

15 Mar 2018

VALERI Servicer Newsflash

The U.S. Department of Veterans Affairs (VA) issued a an announcement containing important information for servicers.

15 Mar 2018

Fannie Mae: Servicing Guide Is Updated

Fannie Mae issued a release highlighting information relevant to servicers and sellers.

14 Mar 2018

CFPB: Final Rule to Help Mortgage Servicers Communicate with Certain Borrowers Facing Bankruptcy Issued

The Consumer Financial Protection Bureau (CFPB) issued a press release outlining a new final rule that will take effect on April 18, 2018.

8 Mar 2018

USDA: Foreclosure Moratorium Extended for Areas Impacted by Hurricane Maria

The U.S. Department of Agriculture (USDA) issued an update announcing the extension of moratoriums on property foreclosures in the Presidentially Declared Disaster areas impacted by Hurricane Maria.

8 Mar 2018

Fannie Mae: Lender Letter Extends Some Foreclosure Sale Suspensions; Updated Form 2001; and More

Fannie Mae issued a release highlighting information relevant to servicers and sellers. Included is an update announcing the extension of a temporary suspension of foreclosure sales in Puerto Rico and the U.S. Virgin Islands.

7 Mar 2018

FHLMC Guide Bulletin 2018-4: Extension of Foreclosure Sale Suspension in Puerto Rico and the U.S. Virgin Islands

Freddie Mac issued a release announcing the extension of a temporary suspension of all foreclosure sales in Puerto Rico and the U.S. Virgin Islands.

7 Mar 2018

USDA: Handbook-1-3555 Chapter 18 Changes – Advance Notice

The U.S. Department of Agriculture (USDA) issued a notice announcing upcoming changes to Handbook-1-3555 that will amend guidance for the servicing of non-performing loans.

7 Mar 2018

VA Circular 26-17-23: Special Relief Following Hurricane Harvey

The U.S. Department of Veterans Affairs (VA) issued a change to a circular that extends the established moratorium on foreclosures following Hurricane Harvey.

5 Mar 2018

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