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FEMA Declared Disaster Montana
On August 3, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Montana as a result of a tornado that touched down on June 11, 2016.
3 Aug 2016
Increased Metal Theft Risk at Vacant Properties Can Cause Costly Repairs
Claims Journal published an article discussing a rise in metal theft, which occurs primarily at vacant properties and could potentially cost owners thousands of dollars to replace and repair.
3 Aug 2016
Paterson Takes Possession of First Home Using its Abandoned Properties Ordinance
The Paterson Times published an article highlighting the acquisition of an abandoned property by the city of Paterson, NJ through a recently adopted neighborhood stabilization program ordinance.
3 Aug 2016
Fannie Mae Single Family Servicing News: Evaluation Notice Model Clauses and Streamlined Modification Solicitation Letters Updated
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
3 Aug 2016
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing updates on the interest rate for VA Streamline Modifications, the VA address on deeds to VA and VA contact information.
3 Aug 2016
CFPB Outlines Guiding Principles for the Future of Foreclosure Prevention
The Consumer Financial Protection Bureau (CFPB) issued a press release outlining consumer protection principles for mortgage servicers, investors, government housing agencies and policymakers as they develop new foreclosure relief solutions.
2 Aug 2016
Fannie Mae: Updated AAA Matrix
Fannie Mae has posted an updated version of the AAA Matrices for each state on the Excess Attorney Fee Guidelines page.
2 Aug 2016
FEMA Declared Disaster Texas
On August 1, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Texas as a result of severe storms and flooding that took place May 22 to June 24, 2016.
1 Aug 2016
CFPB Adds Another Layer to Controversial Complaint Database
HousingWire published and article discussing a proposed addition to the current Consumer Financial Protection Bureau (CFPB) complaint intake form.
1 Aug 2016
Here’s the Unlikely Key for How Servicers can Increase Profit
HousingWire released an article discussing findings from the J.D. Power 2016 Primary Mortgage Servicer Satisfaction Study.
1 Aug 2016
VA Circular 26-16-22 Special Relief Following a Natural Disaster
The U.S. Department of Veterans Affairs (VA) released Circular 26-16-22. The circular expresses concern about VA home loan borrowers affected by a natural disaster and describes measures mortgagees may employ to provide relief.
1 Aug 2016
Managing Litigation Inside and Out
The July issue of HousingWire featured an article by Safeguard Properties General Counsel Linda Erkkila. In it, Erkkila explores the benefits a company can experience from having an in-house legal team.
29 Jul 2016
Reaping a Recovery
The July issue of DS News published an article by Safeguard Properties Assistant Vice President of High Risk and Hazard Claims Steve Meyer. In it, Meyer describes the important role a mortgage field services provider plays in the hazard insurance recovery process.
29 Jul 2016
MHA HAMP Reporting Update Updated Data Dictionaries Posted
Making Home Affordable (MHA) issued an update announcing the availability of updated Data Dictionaries on HMPadmin.com.
28 Jul 2016
Serious Delinquencies Continue to Seriously Decline
DS News published an article highlighting results from The Urban Institute’s Housing Finance Policy Center’s July 2016 Chartbook.
27 Jul 2016
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).
27 Jul 2016