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Could the Sale of Distressed Loans Decrease Foreclosures?
DS News published an article discussing findings from a recent Federal Housing Administration (FHA) report outlining its single-family sales program (SLFS) during October 2016.
6 Dec 2016
HUD Launches New Community Investment Tool
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the arrival of the Community Assessment Reporting Tool (CART).
6 Dec 2016
Trump Picks Ben Carson to Head HUD
The National Council of State Housing Agencies (NCSHA) issued a press release highlighting the selection of Dr. Ben Carson by President-elect Donald Trump as the next Department of Housing and Urban Development (HUD) secretary.
5 Dec 2016
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing several Development Updates relevant to servicers.
5 Dec 2016
FEMA Declared Disaster Pennsylvania
On December 2, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Pennsylvania as a result of severe storms and flooding that took place October 20-21, 2016.
2 Dec 2016
CFPB: Fall 2016 Rulemaking Agenda
The Consumer Financial Protection Bureau (CFPB) posted a blog offering a semi-annual update of its rulemaking agenda.
2 Dec 2016
FHA INFO #16-74: Extension of Implementation Date of Selected Sections of Handbook 4000.1
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-74.
2 Dec 2016
Chicago Vacant Property Registration Ordinance Approved
On December 1, Locke Lord LLP released an article authored by attorneys Simon A. Fleischman, Ryan M. Holz and Simon M. Feng. The article discusses a Chicago, IL vacant property registration ordinance that became effective on October 19, 2016.
1 Dec 2016
CFPB Ombudsman?s Office 2016 Annual Report
The Consumer Financial Protection Bureau (CFPB) posted a blog highlighting the release of the Ombudsman’s Office fifth annual report.
1 Dec 2016
FHA INFO #16-73: 2017 Nationwide Forward Mortgage Limits/Nationwide Home Equity Conversion Mortgage (HECM) Limits
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-73.
1 Dec 2016
Fannie Mae: LMV Release 7.0 and New Spanish Language Resources
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
30 Nov 2016
FHLMC Guide Bulletin 2016-21: Servicing Updates
Freddie Mac issued an update announcing important servicing requirement changes.
30 Nov 2016
Freddie Mac: Your 2017 Scorecard Preview Period Begins Today
Freddie Mac issued an update marking the start of the 2017 Servicer Success Scorecard preview period.
30 Nov 2016
The Shift in Pre-Foreclosure Property Management
DS News published an article discussing a recent action by Fannie Mae allowing all vacant Fannie Mae-owned properties to use an alternative to plywood for securization. The article features comments from Safeguard Properties Founder and Chairman Robert Klein and CEO Alan Jaffa.
30 Nov 2016
FEMA Declared Disaster Minnesota
On November 29, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Minnesota as a result of severe storms and flooding that took place September 21-24, 2016.
29 Nov 2016
NYCUA’s Mellin Comments on Zombie Property Law Regulations
New York Credit Union Association (NYCUA) President/CEO William J. Mellin submitted a comment letter to the state Department of Financial Services regarding their proposed regulations aimed at addressing zombie properties.
29 Nov 2016