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FDIC FIL-14-2016 Discontinuation of Foreclosure Proceedings
The Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter clarifying rules for abandoned foreclosures.
2 Mar 2016
FHLMC Guide Bulletin 2016-4: Reorganized Guide Effective Today
Freddie Mac issued a release announcing the official implementation of the reorganized Single-Family Seller/Servicer Guide.
2 Mar 2016
Framework at Year 3: Selling Rep and Warranty Relief for Many Freddie Mac Loans
Freddie Mac issued a release discussing relief that loans delivered in 2013 may be eligible for under the Selling Representation and Warranty Framework.
2 Mar 2016
MHA HAMP Reporting Update Q1 2016 Base NPV Documentation Supplement Available
Making Home Affordable (MHA) issued a HAMP Reporting Update announcing the availability of the Q1 2016 Base NPV Documentation Supplement on HMPadmin.com.
2 Mar 2016
MHA HAMP Reporting Update Supplemental Directive 16-02: Making Home Affordable Program ? MHA Program Termination and Borrower Application Sunset
Making Home Affordable (MHA) issued a HAMP Reporting Update offering guidance on the termination of the MHA program.
2 Mar 2016
Consumers Not Taking Advantage of Refinancing Opportunities
DS News published an article discussing results from Freddie Mac’s latest Insight & Outlook report.
1 Mar 2016
Fannie Mae: Servicer Expense Reimbursement Job Aid
Fannie Mae issued a job aid providing operational instructions based on servicing policies.
1 Mar 2016
Freddie Mac: Your Workout Settlements Roadmap Will Guide the Way
Freddie Mac issued a release outlining its new interactive website which offers guidance through the automated settlement process.
1 Mar 2016
VA Circular 26-16-6 Special Relief Following State of Michigan Contaminated Water
The U.S. Department of Veterans Affairs (VA) released Circular 26-16-6. The circular expresses concern about VA home loan borrowers affected by contaminated water in the state of Michigan.
1 Mar 2016
U.S. Department of the Treasury Prepared Remarks of Monique Rollins
The U.S. Department of the Treasury released the prepared remarks of Deputy Assistant Secretary Monique Rollins at the Asset Backed Securities (ABS) Vegas Conference.
29 Feb 2016
What is the Cost of Blight? What New Research From Atlanta Tells Us
The Center for Community Progress posted a blog discussing findings from a recent report authored by Dr. Dan Immergluck, professor of urban and regional planning at Georgia Tech.
26 Feb 2016
A World of Difference: Recovery in Judicial vs. Non-Judicial Foreclosure States
DS News published an article discussing the difference between the housing market recovery in Cleveland, OH and Phoenix, AZ.
24 Feb 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 versions of the Official Monthly Reporting – OMR Job Aid and the Reporting Trial or Official Setup Job Aid.
24 Feb 2016
Fannie Mae Single-Family Servicing News: New Number, Same Great Service
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
24 Feb 2016
City Targeting Vacant Buildings for Demolition to Reduce Crime
CBS Chicago released an article discussing the plan of the Chicago Department of Buildings to demolish hundreds of vacant homes mostly concentrated in four police districts.
23 Feb 2016
Proposed Legislation in Maryland Aims to Regulate Foreclosed Property Maintenance and Registration
Two similar bills targeting foreclosed properties (HB 0664 and HB 1171) have recently been introduced into the Maryland General Assembly.
23 Feb 2016