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Surmounting the Roadblocks to FHA Conveyance
The October issue of Servicing Management featured an article authored by Safeguard Properties Assistant Vice President of Business Development and Investor Relations Kellie Chambers. In it, Chambers discusses ways mortgage servicers can reduce or eliminate out-of-pocket expenses related to Federal Housing Administration (FHA) property conveyance.
31 Oct 2017
FEMA Declared Disaster California
On October 31, 2017, FEMA issued an update to a Presidential Major Disaster Declaration for areas in California affected by wildfires that took place October 8-31, 2017.
31 Oct 2017
Maryland Expedited Foreclosure Bill Passes Assembly
The Office of the Commissioner of Financial Regulation (Maryland Department of Labor, Licensing and Regulation) issued an advisory announcing the creation of a new form that is to be used by secured parties in expedited foreclosure proceedings for vacant and abandoned properties.
31 Oct 2017
Freddie Mac: Go All-In on Servicing Performance
Freddie Mac issued a release announcing its new Servicer Performance Profile.
31 Oct 2017
HUD: Prepared Remarks of Dr. Ben Carson
The U.S. Department of Housing and Urban Development (HUD) published the prepared remarks of Secretary Dr. Ben Carson at the Mortgage Bankers Association (MBA) Convention.
27 Oct 2017
HUD: Red Tape Cut to Speed Hurricane Recovery
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing a package of regulatory and administrative waivers aimed at helping communities to accelerate their recovery from Hurricanes Harvey, Irma and Maria.
27 Oct 2017
Fannie Mae: New Remittance Codes in CRS; Line Item Updates in LoanSphere Invoicing; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
25 Oct 2017
HUD: FHA INFO #17-48: FHA Disaster-Related Policy Waivers Issued for Presidentially-Declared Major Disaster Areas in Puerto Rico and California
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #17-48.
24 Oct 2017
MHA HAMP Update: Upcoming HAMP Reporting Tool Outage
Making Home Affordable (MHA) issued an update outlining system maintenance scheduled for Sunday, November 12, 2017.
24 Oct 2017
USDA: Foreclosure Moratoriums Extended for Areas Impacted by Hurricanes Harvey, Irma and 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 Hurricanes Harvey, Irma and Maria.
24 Oct 2017
HUD: FHA Extends Foreclosure Relief for Homeowners Impacted by Recent Hurricanes
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the extension of the Federal Housing Administration’s (FHA) initial 90-day foreclosure moratorium for FHA-insured homeowners impacted by Hurricanes Harvey, Irma and Maria.
23 Oct 2017
HUD: Additional $58 Million to Help Texas Recover From Hurricane Harvey
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the allocation of additional funding to help Texas recover from Hurricane Harvey.
20 Oct 2017
HUD: FHA INFO #17-47: Extension of Initial Disaster Foreclosure Moratorium for Properties in Specified Areas Impacted by Hurricanes Harvey, Irma, and Maria (ML 17-15); SF Claims: Suspended Claim Dashboard; Training Opportunities
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #17-47.
20 Oct 2017
HUD: Disaster Assistance for California Wildfire Victims
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing that it will speed federal assistance to the State of California and provide support to homeowners and low-income renters forced from their homes due to wildfires.
19 Oct 2017
Fannie Mae: Updated Disaster Relief FAQs; Tech Talks at MBA Annual; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
18 Oct 2017
VA Circular 26-17-32: Special Relief Following Wisconsin Severe Storms, Straight-line Winds, Flooding, Landslides and Mudslides
The U.S. Department of Veterans Affairs (VA) issued a circular expressing concern about VA home loan borrowers affected by severe storms, straight-line winds, flooding, landslides, and mudslides in the state of Wisconsin.
18 Oct 2017