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Freddie Mac: Single Security Poll ? Are You On Track?
Freddie Mac issued a release detailing a readiness poll taken at the Single Security conference on May 14, 2018.
21 Jun 2018
Freddie Mac: Single Security Tabletop Market Readiness Testing
Freddie Mac issued a release announcing a joint exercise with Fannie Mae that will explore Single Security key security activities.
21 Jun 2018
Zombie Property Act Introduced in New York
AB 1563 (Zombie Property Remediation Act of 2017) recently advanced in the New York Assembly and has been referred to the Assembly Codes Committee.
20 Jun 2018
Appeals Court Addresses Foreclosures & Promissory Notes
DS News published an article discussing a recent New Jersey appeals court contested foreclosure case.
20 Jun 2018
Fannie Mae: Ask Poli Is Here to Help; Imminent Default Policy Going Into Effect Next Month
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
20 Jun 2018
Freddie Mac: U.S. Treasury Supports the Single Security
Freddie Mac issued a release highlighting U.S. Treasury Counselor to the Secretary Craig Phillips’ expressed support for the Single Security.
20 Jun 2018
Bill to Lower Foreclosure Process Gains Momentum
PA HB 653 was signed by Governor Tom Wolf on June 19, 2018.
19 Jun 2018
Climate Change Threatens More Than 300,000 Coastal Homes
HousingWire published an article outlining a new report from the Union of Concerned Scientists (UCS).
19 Jun 2018
Redevelopment Authority Bill Approved in Pennsylvania
HB 667 was signed by Governor Tom Wolf. The legislation will grant redevelopment authorities the same power currently utilized by land banks through the Pennsylvania Land Bank Act.
19 Jun 2018
Why the Pennsylvania Anti-Blight Bills Make Good Sense
DS News published an article discussing the passage of HB 653 and 667. Included are comments from late Safeguard Properties Founder Robert Klein from a November 2017 interview.
19 Jun 2018
Waters Introduces Bill to Increase FHFA Foreclosure Oversight
HousingWire published an article outlining the introduction of H.R. 6102 (Homeowners Mortgage Servicing Fairness Act of 2018) by U.S. Representative Maxine Waters (D-CA) on June 14, 2018.
18 Jun 2018
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an update containing important information for servicers. Included is an announcement outlining the transition to a new VALERI environment as well as a summary of enhancements associated with VALERI Manifest 18.2.
15 Jun 2018
FEMA Declared Disaster Hawaii
On June 14, 2018, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Hawaii as a result of the Kilauea volcanic eruption and earthquakes beginning May 3, 2018 and continuing.
14 Jun 2018
FHFA: Refinance Report – April 2018
The Federal Housing Finance Agency (FHFA) issued its April 2018 Refinance Report.
14 Jun 2018
VA Circular 26-18-16: Special Relief Following Maine Severe Storm and Flooding
The U.S. Department of Veterans Affairs (VA) issued a circular expressing concern about VA home loan borrowers affected by a severe storm and flooding in the state of Maine, and describes measures mortgagees may employ to provide relief.
14 Jun 2018
National Mortgage Servicing Association Petitions FCC on TCPA Regs
DS News published an article discussing a letter from the National Mortgage Servicing Association (NMSA) to the Federal Communications Commission (FCC) that requests clarifications and guidance for regulations imposed by the Telephone Consumer Protection Act (TCPA).
13 Jun 2018