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Residential Redemption Laws Proposed in Two States
Recently, HB 90, HSB 531 and SSB 3053 were introduced in Alabama and Iowa.
30 Jan 2018
Ohio Courts Could Change Course for Chapter 13 Bankruptcy
DS News published an article exploring recent bankruptcy cases in the state of Ohio.
29 Jan 2018
MHA HAMP Update: Upcoming HAMP Reporting Tool User Interface Outage
Making Home Affordable (MHA) issued an update outlining system maintenance scheduled for the weekend of February 17, 2018.
29 Jan 2018
FHA INFO #18-04: Newly Redesigned ECLASS and EVARS Web-Based Applications Announced
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-04.
26 Jan 2018
Expedited Foreclosure Bill Introduced in New Jersey
SB 1243 was introduced by New Jersey Senator Ronald Rice on January 25, 2018. The bill is pending in the Senate Community and Urban Affairs Committee.
25 Jan 2018
Massachusetts Appeals Court Clarifies Demand Letter Ruling
DS News published an article outlining a Massachusetts Appeals Court case that provided further clarification on when the Pinti rule may be inapplicable.
25 Jan 2018
What Will Happen to All the Abandoned Homes in Puerto Rico
Marketplace released an article discussing the forecasted rise in abandoned properties across Puerto Rico due to the impact of Hurricane Maria.
25 Jan 2018
As Nonbank Servicers Grow, Another State Adds Licensing for Them
National Mortgage News released an article outlining a recent decision by the Pennsylvania Department of Banking and Securities.
24 Jan 2018
Maryland Case Puts the Brakes on Foreclosures
DS News published an article discussing a recent opinion issued by the Maryland Court of Special Appeals.
24 Jan 2018
Upstate New York Cities Collaborate with Tech to Combat Blight
Government Technology published an article outlining four local New York governments that have partnered with the Center for Technology in Government to develop a platform that will share data and stem the rising tide of blighted buildings.
24 Jan 2018
CFPB: Request for Information on Civil Investigative Demands
The Consumer Financial Protection (CFPB) published a press release outlining a Request for Information (RFI) that coincides with a recent call for evidence from Acting Director Mick Mulvaney. The request will provide an opportunity for public feedback and suggestions to improve outcomes for consumers and covered entities.
24 Jan 2018
Fannie Mae: Bringing Simplicity and Certainty to Servicing; Redesigned Form 582; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
24 Jan 2018
FHA INFO #18-03: Disaster Related Policy Waivers Related to Early Payment Default Loan Level File Review Requirements, and Limited 203k in Puerto Rico; Reminder Regarding FHA Forbearance Agreement for FHA Borrowers Affected by Disasters
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-03.
24 Jan 2018
HUD: Change to Debenture Interest Rates
The U.S. Department of Housing and Urban Development (HUD) announced changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the Federal Housing Administration under the provisions of the National Housing Act (the Act).
24 Jan 2018
Freddie Mac: Flood Insurance Requirements Remain Unchanged Despite a Lapse in the National Flood Insurance Program
Freddie Mac issued a release confirming that its policies on flood insurance have remained unchained since the National Flood Insurance Program’s (NFIP) authority to issue new and renewal policies and increase coverage on existing policies expired on January 20, 2018.
22 Jan 2018
FEMA Declared Disaster New York
On January 19, 2018, FEMA issued an update to a Presidential Major Disaster Declaration for areas in New York as a result of flooding that took place May 2 to August 6, 2017.
19 Jan 2018