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Fannie Mae: Simpler Invoicing and AMN/HSSN Enhancements Coming Soon
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
26 Apr 2017
MHA HAMP Update: HAMP Reporting Tool Security Update
Making Home Affordable (MHA) issued an update outlining the implementation of necessary security settings on HAMP servers that will affect users’ ability to access the HAMP Reporting Tool.
25 Apr 2017
Oklahoma Bill Allows Abandoned Property Registration
OK HB 1381 was signed into law by Governor Mary Fallin on April 24, 2017. The bill provides an exception to the prohibition that prevents municipalities from registering real property.
24 Apr 2017
Montgomery Co. Bill May Help Foreclosed Homes Get on the Market
Washington Top News published an article discussing the enactment of a Montgomery County, Md. bill (Bill 38-16) that seeks to impose a civil penalty for failure to register a foreclosure purchase.
24 Apr 2017
FEMA Declared Disaster Idaho
On April 21, 2017, FEMA issued a Presidential Major Disaster Declaration for areas in Idaho as a result of severe winter storms and flooding that took place February 5-27, 2017.
21 Apr 2017
FEMA Declared Disaster Utah
On April 21, 2017, FEMA issued a Presidential Major Disaster Declaration for areas in Utah as a result of severe winter storms and flooding that took place January 7-27, 2017.
21 Apr 2017
Enforcement of Vacant and Abandoned Property Ordinances on Rise
Barley Snyder Attorneys at Law published an article authored by attorneys Scott F. Landis and Joseph P. Schalk. The article explores vacant property registration ordinances (VPRO) and companies like ProChamps that assist municipalities with their enforcement.
21 Apr 2017
FHLMC Guide Bulletin 2017-5: Servicing Updates
Freddie Mac issued a release announcing several new and updated servicing requirements. Included is a reimbursement for expenses associated with clear boarding broken windows in vacant or abandoned foreclosed properties with clear polycarbonate.
20 Apr 2017
Fannie Mae: LoanSphere Invoicing Enhancements; Join Us at MBA Secondary
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
19 Apr 2017
Nevada Servicemember Foreclosure Bill Introduced in Senate
NV S.B. 33 has been amended, passed by the Senate and sent to the Assembly. If enacted, the bill will “prohibit the foreclosure of real property owned by certain military personnel or their dependents in certain circumstances”.
18 Apr 2017
Freddie Mac: Servicer Success Scorecard Training Course
Freddie Mac is offering a webinar for its servicers that will cover the all new 2017 Servicer Success Scorecard.
17 Apr 2017
USDA: REMINDER – TRAINING OPPORTUNITY – Loss Mitigation, Property Disposition and Loss Claim Training
On April 17, The U.S. Department of Agriculture (USDA) issued a reminder in regard to several upcoming training sessions for participating lenders.
17 Apr 2017
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing a VALERI Fee Cost Schedule update. The update reflects a new Ohio state law that bans the use of plywood for securing vacant and abandoned properties in expedited foreclosures.
17 Apr 2017
Albany, Dougherty Officials Consider Land Bank
The Albany Herald published an article discussing the possibility of the creation of a joint land bank between the City of Albany and Dougherty County, N.Y.
15 Apr 2017
NMSA Announces New Chairperson
MReport published an article discussing the appointment of BankUnited EVP of Mortgage Services Ray Barbone as the new chairperson of the National Mortgage Servicing Association (NMSA).
14 Apr 2017
MHA Supplemental Directive 17-01: Making Home Affordable Program – Non-Performing and Re-Performing Loan Sales of GSE HAMP Loans and Administrative Clarifications
Making Home Affordable (MHA) issued a release providing guidance to servicers regarding GSE HAMP Loans sold as part of either a non-performing (NPL) or re-performing (RPL) loan sale.
14 Apr 2017