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VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing important information for servicers, including several revisions to multiple chapters and appendices in the M26-4 Servicer Handbook.
25 Jan 2017
Florida Bill Would Expand Lienholders? Rights
DS News published an article discussing FL H.B. 471, which has been introduced in the Florida State Senate.
24 Jan 2017
HUD Announces 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 2017
FHA INFO #17-04: HECM Final Rule Published (Docket No. FR-5353-F-03); and New Servicing Guidance for FHA-insured Properties Encumbered with a PACE Obligation (ML 17-06)
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #17-04.
19 Jan 2017
FHFA: Foreclosure Prevention Report – October 2016
The Federal Housing Finance Agency (FHFA) published its October 2016 Foreclosure Prevention Report.
19 Jan 2017
CDN Releases Vacant, Blighted, Abandoned Properties Study
The Community Development Network of Maryland (CDN) issued a press release announcing the availability of a study that aims to help with the challenges of vacant, abandoned and blighted properties throughout the state.
18 Jan 2017
Fannie Mae: Announcement SVC-2017-01: Servicing Guide Updates
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
18 Jan 2017
FHA INFO #17-03: Changes to HECM Claim Type 22 Assignment Requests; IT Security and Data Privacy Protocols
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #17-03.
18 Jan 2017
Freddie Mac: Building Continues: Additional Investor Reporting Technical Specifications
Freddie Mac issued a release outlining the second of two technical specifications releases that support its Investor Reporting Change Initiative.
18 Jan 2017
FHFA: Refinance Report – November 2016
The Federal Housing Finance Agency (FHFA) published its November 2016 Refinance Report.
17 Jan 2017
MHA HAMP Reporting Update December 2016 UP Survey Now Available
Making Home Affordable (MHA) issued an update announcing the availability of the December 2016 UP Survey.
17 Jan 2017
The Cost of Fighting Community Blight
DS News released an article outlining a white paper commissioned by Community Blight Solutions that explores the impact vacant and abandoned properties have on their communities.
16 Jan 2017
Updated Final CFPB Rules Increase Servicer Liability
DS News published an article discussing recently announced Consumer Financial Protection Bureau (CFPB) expanded consumer foreclosure protections.
16 Jan 2017
Under-$30K Earners Denied TARP Assistance in Droves
DS News published an article discussing findings from an audit conducted by the Office of the Special Inspector General for the Trouble Asset Relief Program (SIGTARP).
13 Jan 2017
Fannie Mae: Announcement SVC-2016-11 and Lender Letter LL-2016-06
Fannie Mae has re-posted Servicing Guide Announcement SVC-2016-11. Included in the announcement are changes for maximum allowable foreclosure attorney fees for judicial states and servicing fees for redeemed mortgage loans and third-party foreclosures.
13 Jan 2017
Bankers Cry Foul Over CFPB’s Five-Star Complaint Rating System
National Mortgage News released an article discussing a request made by the American Bankers Association and Consumer Bankers Association in regard to a Consumer Financial Protection Bureau (CFPB) consumer complaint rating system.
13 Jan 2017