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Abandoned Property Bill Proposed in Missouri
MO SB 780 was pre-filed in the Missouri Legislature on December 7. The legislation would allow certain people to enter a property to secure it, remove trash and graffiti, and maintain the grounds.
7 Dec 2017
Freddie Mac: Quick Takes: Your Snapshot into Investor Reporting Success
Freddie Mac issued a release outlining a new resource offering tips regarding its Investor Reporting Change Initiative.
7 Dec 2017
OCC: OCC Allows National Banks and Federal Savings Associations Affected by Wildfires in California to Close
The Office of the Comptroller of the Currency (OCC) issued a proclamation allowing national banks and federal savings associations affected by the California wildfires to close.
7 Dec 2017
City to Begin Foreclosing on Abatement Properties with Outstanding Liens
The Mohave Valley Daily News published an article discussing an approved action in Bullhead City, Ariz., that will allow foreclosure proceedings to begin on unpaid liens placed on properties for removal of abandoned, dangerous and derelict buildings.
6 Dec 2017
Governor Larry Hogan Announces Statewide Violent Crime Initiatives
The office of Maryland Governor Larry Hogan issued a press release announcing a series of initiatives poised to combat criminal gang enterprises and repeat offenders responsible for violent crime throughout the state. Included is a directive to identify and expedite the demolition of vacant properties located in the highest-crime areas of Baltimore.
5 Dec 2017
FHFA: Further Data on Non-performing Loan Sales
The Federal Housing Finance Agency (FHFA) issued a news release announcing the availability of its Enterprise Non-Performing Loan Sales Report.
5 Dec 2017
Battling Zombie Homes. . .and Plywood
DS News published an article exploring ways to combat vacant and abandoned properties. The article features comments from Safeguard Properties Founder and Chairman Robert Klein.
5 Dec 2017
HUD: HUD and State of Texas Launch Public Awareness Campaign to Help Struggling Homeowners Impacted by Hurricane Harvey
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the creation of a campaign designed to inform owners of homes damaged by Hurricane Harvey that help is available to avoid foreclosure and to finance repairs.
4 Dec 2017
MHA HAMP Update: Upcoming HAMP Reporting Tool User Interface Outage
Making Home Affordable (MHA) issued an update outlining upcoming system connectivity testing.
4 Dec 2017
Evolution of Cybersecurity
The November issue of DS News featured an article authored by Safeguard Properties Information Security Officer Darren Kruk. In it, Kruk explores the need for companies in high-profile industries, such as mortgage servicing, to be more vigilant in protecting their electronic environments.
30 Nov 2017
Fannie Mae: New eLearning Series; Loan Limits Increasing; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
29 Nov 2017
HUD: $616 Million to Help Florida Recover From Hurricane Irma
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing a grant that has been awarded to help areas in Florida affected by Hurricane Irma.
28 Nov 2017
VA Circular 26-17-38: Updates to the VA Property Management and Servicing Contract
The U.S. Department of Veterans Affairs (VA) issued a circular providing details concerning operational matters related to VA’s Real Estate Owned (REO) and direct loan portfolio performed by Vendor Resource Management (VRM) under the VA REO and Portfolio Servicing Contract (RPSC).
27 Nov 2017
Pertinent Legislation Proposed in Mass.
Several bills have been introduced in Massachusetts relating to property maintenance and the foreclosure process.
25 Nov 2017
CFPB: Leandra English Named Deputy Director of the Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) issued a press release officially announcing Leandra English as deputy director of the agency.
24 Nov 2017
FEMA Declared Disaster U.S. Virgin Islands
On November 22, 2017, FEMA issued an update to a Presidential Major Disaster Declaration for the territory of the U.S. Virgin Islands as a result of Hurricane Maria from September 16 to November 22, 2017..
22 Nov 2017