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Fannie Mae: Updated AAA Matrix

Fannie Mae has posted updated AAA Matrices for the states of California, Connecticut, Maryland, Nevada, Utah and Washington on the Excess Attorney Fee Guidelines page.

31 May 2016

MHA HAMP Reporting Update Updated Job Aids Available on HMPadmin.com

Making Home Affordable (MHA) issued a HAMP Reporting Update announcing the availability of updated job aids posted on HMPadmin.com.

31 May 2016

Servicers Remain Aggressive with Outreach Efforts

DS News published an article discussing data released by HOPE NOW for the first quarter of 2016.

26 May 2016

FHA INFO #16-31: Home Equity Conversion Mortgage Proposed Rule Published Today in the Federal Register

The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-31.

26 May 2016

Freddie Mac: Three MBS Awards: Recognition Our Customers Helped Us Achieve

Freddie Mac issued a release highlighting several awards earned from Global Capital.

26 May 2016

MHA HAMP Reporting Update August 2016 HAMP Reporting System Release Notes

Making Home Affordable (MHA) issued a HAMP Reporting Update announcing the availability of the August 2016 HAMP Reporting System Release Notes.

25 May 2016

MHA HAMP Reporting Update Memorial Day Holiday Support and System Availability

Making Home Affordable (MHA) issued a HAMP Reporting Update outlining system availability during the Memorial Day holiday.

25 May 2016

FEMA Declared Disaster Montana

On May 24, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Montana as a result of a severe winter storm and straight-line winds that took place April 15-16, 2016.

24 May 2016

Assembly Passes Legislation to Combat Zombie Homes in New York State

The New York State Assembly issued a press release announcing the passage of several pieces of legislation targeting abandoned residential properties. Among them is A06932-A/S04781 (“Abandoned Property Neighborhood Relief Act of 2016”), which was produced in conjunction with New York State Attorney General Eric Schneiderman.

24 May 2016

USDA: Final Rule Publication

The U.S. Department of Agriculture (USDA) released a single family housing update anouncing the publishing of new rule amending the Section 502 guaranteed loan regulation (7 CFR 3555). The rule will take effect on June 17, 2016.

23 May 2016

CFPB Plans Further Servicing Rules Updates

DS News published an article discussing the implementation of new mortgage servicing rules as part of the Consumer Financial Protection Bureau’s (CFPB) semiannual Spring 2016 rulemaking agenda.

20 May 2016

FEMA Declared Disaster Mississippi

On May 19, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi as a result of severe storms and flooding that took place March 9-29, 2016.

19 May 2016

Five Star?s Delgado: No Semblance of a Crisis

DS News published an article discussing a webinar presentation conducted by Five Star Institute President and CEO Ed Delgado to advise members of the Federation of REO Certified Experts (FORCE) of past and present market conditions.

19 May 2016

FHA REO Management and Marketing Contractors

The U.S. Department of Urban Housing and Development (HUD) has updated the contact information for its Field Service Managers (FSM) and Asset Managers (AM). The contact information is available on the FHA REO Management and Marketing Contractors web page.

19 May 2016

Fannie Mae: IRT Enhancements Coming May 23

Fannie Mae announced several updates for the Inquiry Response Tool (IRT), including increased character limits and email notification changes.

18 May 2016

FHLMC Guide Bulletin 2016-9: Servicing Updates

Freddie Mac issued a release announcing updated servicing requirements.

18 May 2016

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