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HUD Announces Disaster Assistance for U.S. Virgin Island Storm Victims
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing that federal disaster assistance will be provided to the U.S. Virgin Islands for homeowners and low-income renters forced from their homes due to Hurricane Irma.
18 Sep 2017
Insurance Companies Accused of Misguiding Claimants
Daily Business Review posted an article discussing instances after Hurricane Irma where insurance companies and their agents are allegedly advising policyholders not to hire attorneys and public adjusters, which is not permitted under state law.
15 Sep 2017
FHFA: Refinance Report – July 2017
The Federal Housing Finance Agency (FHFA) issued its July 2017 Refinance Report.
14 Sep 2017
Linda Erkkila Named 2017 Leading Lady by MReport Magazine
Safeguard Properties announced General Counsel and Executive Vice President of Human Resources Linda Erkkila as a 2017 Leading Lady by MReport magazine. The Leading Lady distinction, which recognizes top female executives and managers, is one of three categories forming the publication’s Women in Housing List.
14 Sep 2017
Fannie Mae: Lender Letter LL-2017-06: Additional Clarifications for Mortgage Loans Impacted by Hurricanes Harvey and Irma
Fannie Mae issued an update providing additional clarifications for mortgage loans impacted by Hurricanes Harvey and Irma.
13 Sep 2017
Fannie Mae: Servicing Guide Updates; Disaster Response Resources; High LTV Refi Option; and More
Fannie Mae issued a news release highlighting information relevant to servicers and sellers. Included are new resources designed to assist servicers in providing optimized responses to homeowners affected by Hurricanes Harvey and Irma.
13 Sep 2017
FHLMC Guide Bulletin 2017-18: Servicing Updates
Freddie Mac issued a release providing updates to its standard servicing policies. Included are increases for certain reimbursable expense limits associated with the preservation of abandoned mortgaged premises, which become effective on October 9, 2017.
13 Sep 2017
FHLMC Guide Bulletin 2017-19: Selling and Servicing Requirements Related to Hurricane Irma and Certain Updated Requirements Related to Hurricane Harvey
Freddie Mac issued a release announcing temporary changes to its selling and servicing requirements related to Hurricanes Harvey and Irma.
13 Sep 2017
HUD Announces Disaster Assistance for Florida Storm Victims
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing that federal disaster assistance will be provided to the State of Florida for homeowners and low-income renters forced from their homes due to Hurricane Irma.
13 Sep 2017
HUD: FHA INFO #17-40: HECM: FHA Systems Updates for September 18th Release
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #17-40.
13 Sep 2017
FHA INFO #17-39: Guidance for FHA-Approved Mortgagees and Servicers Regarding Presidentially-Declared Major Disaster Areas
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #17-39.
11 Sep 2017
HUD Announces Disaster Assistance for Puerto Rico Storm Victims
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing that it will provide federal assistance to the Commonwealth of Puerto Rico and provide support to homeowners and low-income renters forced from their homes due Hurricane Irma.
11 Sep 2017
Fannie Mae: Hurricane Irma Update for Sellers and Servicers
Fannie Mae issued an update confirming that flexibilities announced in selling and servicing Lender Letters released for Hurricane Harvey will be extended to areas impacted by Hurricane Irma.
7 Sep 2017
Freddie Mac Confirms Disaster Relief Policies as Hurricane Irma Approaches Puerto Rico, U.S. Virgin Islands and U.S. Mainland
Freddie Mac issued a press release confirming that disaster relief options will be made available to homeowners in Puerto Rico, the U.S. Virgin Islands and the U.S. mainland as Hurricane Irma approaches.
6 Sep 2017
OCC: Federal and State Banking Agencies Issue Statement on Supervisory Practices Regarding Financial Institutions and Borrowers Affected by Hurricane Irma
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Conference of State Bank Supervisors, and the Federal Deposit Insurance Corporation issued a joint release announcing the availability of regulatory assistance for institutions affected by Hurricane Irma.
6 Sep 2017
USDA: Electronic Status Reporting Implementation Date Delayed Three Months!
The U.S. Department of Agriculture (USDA) issued a release announcing that the implementation date for the required use of new electronic status reporting enhancements will be delayed by three months from April 1, 2018 to July 1, 2018.
1 Sep 2017