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Florida Lags in Disbursing Foreclosure Aid Federal Report Says
The Orlando Sentinel released an article discussing findings from a recent report from the Special Inspector General for the Troubled Asset Relief Program.
6 Oct 2015
Fannie Mae Connect Implementation Notification
Fannie Mae released a notification announcing the launch of Fannie Mae Connect, which will commence on November 20, 2015.
6 Oct 2015
Fannie Mae Reminds Servicers of Options for South Carolina Homeowners
Fannie Mae issued a news release reminding servicers of existing guidelines that are in place to assist impacted borrowers that have been affected by natural disasters.
6 Oct 2015
Freddie Mac Announces Relief for Eligible Borrowers, Employers, Employees in South Carolina Disaster Areas
Freddie Mac posted an update announcing the availability of its full menu of disaster relief policies to homeowners whose homes were damaged or destroyed by the severe storms affecting South Carolina.
6 Oct 2015
HUD OIG Launches Integrity and Compliance Program
The Office of the Inspector General at the U.S. Department of Housing and Urban Development (HUD OIG) issued a press release anouncing the launch of an effort to establish an Integrity & Compliance Program (ICP).
6 Oct 2015
City Collects Bonds on Vacant Properties
TribTODAY.com released an article discussing Warren, Ohio’s foreclosure registration program.
5 Oct 2015
FHA INFO #15-81: Reminder: Guidance for the Origination and Servicing of FHA-insured Loans in Presidentially-Declared Major Disaster Areas
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #15-81.
5 Oct 2015
VA Circular 26-15-23 Special Relief Following Southeast and Mid-Atlantic’s Severe Storms
The U.S. Department of Veterans Affairs (VA) released Circular 26-15-23. The circular expresses concern about VA home loans borrowers affected by the Southeast and Mid Atlantic’s severe storms and flooding.
5 Oct 2015
Disposition of HUD-Acquired Single Family Properties; Updating HUD’s Single Family Property Disposition Regulations
The Federal Register posted a proposed rule by the U.S. Housing and Urban Development Department (HUD) which would revise HUD’s regulations that address property disposition.
2 Oct 2015
Huntington Adds New Fee For Vacant Home Inspections
Newsday published an article discussing the enactment of a vacant property inspection ordinance in Huntington, NY.
1 Oct 2015
HUD Mortgagee Letter 2015-23: New Single Family Mortgagee Compliance Manager (MCM)
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-23. The letter introduces Information Systems & Networks Corporation (ISN) as HUD’s new Mortgagee Compliance Manager (MCM).
1 Oct 2015
HUD Mortgagee Letter 2015-24: Single Family Foreclosure Policy and Procedural Changes for HUD Title II Forward Mortgages and Reverse Mortgages
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-24. The letter updates HUD’s Reasonable Diligence time frame, schedule of attorney fees for all jurisdictions and Cash for Key’s Relocation allowances.
1 Oct 2015
Fannie Mae LL-2015-05 Execution and Retention of Loan Modification Agreements
Fannie Mae released Lender Letter LL-2015-05. The letter reminds servicers of their responsibilities related to executing, recording and/or retaining loan modification agreements.
30 Sep 2015
VA Circular 26-15-21 Property Preservation Requirements and Fees
The U.S. Department of Veterans Affairs (VA) released Circular 26-15-21. The circular provides national guidance and describes minimum requirements for the inspection of properties securing VA-guaranteed home loans and the maintenance, preservation and repair of any properties found to be abandoned.
30 Sep 2015
VA Circular 26-15-22 Release of the Department of Veterans Affairs Servicer Handbook, M26-4
The U.S. Department of Veterans Affairs (VA) released Circular 26-15-22. The circular clarifies the date the VA Servicer Handbook will become effective.
30 Sep 2015
CFPB Reform Bills Pass in House Financial Services Committee
DS News published an article discussing the Bureau of Consumer Financial Protection-Inspector General Reform Act of 2015 (H.R. 957) and the Financial Product Safety Commission Act of 2015 (H.R. 1266).
30 Sep 2015