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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

CFPB Prepared Remarks of Richard Cordray

The Consumer Financial Protection Bureau (CFPB) issued a press release containing the prepared remarks of Richard Cordray at the the Credit Union National Association.

23 Feb 2016

VALERI Servicer Newsflash

The U.S. Department of Veterans Affairs (VA) released a VALERI Servicer Newsflash containing information on Servicer Transfer Events, Security Awareness Password Resets, State Foreclosure and Statutory Bid Information and M26-4, VA Servicer Handbook.

23 Feb 2016

Freddie Mac: Four Questions to Get Back to Basics With Fraud Prevention

Freddie Mac released an article aimed at helping organizations assess their fraud prevention readiness.

22 Feb 2016

Get ready: Regulators are Looking Hard at Cybersecurity of Third-Party Vendors

HousingWire published an article outlining a panel at the Mortgage Bankers Association (MBA) Servicing Conference which examined data security threats servicers need to address.

20 Feb 2016

Rhode Island Supreme Court Gives HOAs Priority Above Mortgage Liens

HousingWire published an article discussing the Supreme Court of Rhode Island’s support of the homeowner’s association “super priority” concept.

19 Feb 2016

Rhode Island to Get $9.68 Million More From Hardest Hit Fund to Stave Off Foreclosures

The Providence Journal published an article discussing an announcement from the office of U.S. Senator Jack Reed (D-RI) in regards to foreclosure funding made available by the U.S. Treasury Department’s Hardest Hit Fund.

19 Feb 2016

Treasury Announces Additional Investment in Hardest Hit Fund

The U.S. Department of the Treasury issued a press release announcing that it will invest an additional $2 billion in funds for assistance to struggling homeowners and communities.

19 Feb 2016

HUD Makes $40 Million Available for Housing Counseling Grants

The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing financial support for hundreds of housing counseling organizations across the country that can assist families with purchasing their first home, locating affordable rental housing or avoiding foreclosure.

19 Feb 2016

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