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USDA’s Rural Housing Service Releases Housing Data and User-Friendly Tool
The National Council of State Housing Agencies (NCSHA) posted a blog highlighting a new data release from the U.S. Department of Agriculture’s (USDA) Rural Housing Service (RHS).
26 Jul 2016
Evansville’s Blight Elimination Program Could be Revived
TristateHomepage.com released an article discussing the approval of the Evansville, IN Land Bank Corporation, which will replace the Brownsfield Corporation as the non-profit in charge of the city’s land banking.
25 Jul 2016
FHA INFO #16-48: Press Release and White Paper on the Future of Foreclosure Prevention Issued Today
On July 25, The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-48.
25 Jul 2016
Irondequoit Must Turn Over “Zombie” Home Records, Judge Rules
The Democrat & Chronicle released an article discussing a New York State Supreme Court ruling involving a Freedom of Information Law request made by the publication in regard to the town of Irondequoit’s vacant home records.
22 Jul 2016
FHFA Issues Proposed Rule on Fannie Mae and Freddie Mac Duty to Serve Underserved Markets
The Federal Housing Finance Agency (FHFA) posted a blog offering an update on a proposed regulation that would require Fannie Mae and Freddie Mac to serve three underserved markets.
21 Jul 2016
Consumer Financial Protection Bureau Announces Changes To Senior Leadership
The Consumer Financial Protection Bureau (CFPB) issued a press release announcing several internal leadership position changes.
20 Jul 2016
Fannie Mae Single Family Servicing News: Fannie Mae Property Maintenance and Management: HomeTracker Lender Center Enhancements
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
20 Jul 2016
Freddie Mac: Our Expert Q&A on Investment Property Schemes
Freddie Mac published an interview with Director of Fraud Prevention Robb Hagberg.
20 Jul 2016
HUD Reports Continued Progress For Housing Recovery
DS News released an article discussing the U.S. Department of Housing and Urban Development’s (HUD) latest housing scorecard.
20 Jul 2016
Fannie Mae Connect Implementation Notification
Fannie Mae issued a notification announcing that all Message Manager Selling and Servicing reports will be migrated to Fannie Mae Connect on August 1, 2016.
18 Jul 2016
Fannie Mae: Servicer Expense Reimbursement Notification of Updates to LoanSphere Invoicing
Fannie Mae issued a release note illustrating how to read line level comments and how to attach an invoice when submitting a claim for expense reimbursement in the LoanSphere invoicing system.
17 Jul 2016
MHA HAMP Reporting Update June 2016 UP Survey Now Available
Making Home Affordable (MHA) issued an update announcing the availability of the June 2016 UP survey on HMPadmin.com.
15 Jul 2016
Fannie Mae QAS Release Notification
Fannie Mae issued a notification announcing an update to the Quality Assurance System (QAS), which will commence the weekend of July 23, 2016.
14 Jul 2016
MHA HAMP Reporting Update November 2016 Release Communication Plan Posted
Making Home Affordable (MHA) issued an update the availability of a communication plan for the November 2016 Release on HMPadmin.com.
14 Jul 2016
VA Circular 26-15-16 Change 1 Auction Service for the Termination of VA Loans
The U.S. Department of Veterans Affairs (VA) released a revised version of Circular 26-15-16. The circular extends the rescission date of the basic circular to reflect that the VA continues to authorize mortgage servicers and holders to employ an auction service in lieu of completing a traditional foreclosure sale, where feasible.
14 Jul 2016
VA Servicer Handbook M26-4 Property Preservation Requirements and Fees Update
On July 1, the VA issued an announcement containing updates to Servicer Handbook M26-4. Specifically, a change has been made to Appendix H: Property Preservation Requirements and Fees. According to the updated appendix, properties that have been determined by the loan servicer to require boarding may now utilize polycarbonate/clearboard for windows, doors and other openings (french doors and sliding doors).
14 Jul 2016