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GAO-15-813: Troubled Asset Relief Program: Status of GAO Recommendations
The U.S. Government Accountability Office (GAO) released GAO-15-813, a report discussing the Department of the Treasury’s implementation of GAO’s recommendations concerning the Capital Purchase Program (CPP) and Making Home Affordable (MHA).
4 Sep 2015
Fannie Mae Extends Foreclosure Timelines in 33 States
HousingWire published an article discussing the announcement of Fannie Mae to adjust the maximum number of allowable days for routine foreclosure proceedings for foreclosure sales on or after August 1, 2015.
3 Sep 2015
Freddie Mac Updates to State Foreclosure Time Lines
Freddie Mac issued a release announcing increased State foreclosure time lines for all foreclosure sales completed on or after August 1, 2015, in 34 of the 55 jurisdictions.
3 Sep 2015
Safeguard Properties Announces New Assistant Vice President of Operations
Safeguard Properties announced the appointment of Pat Hoffman to Assistant Vice President of Operations.
3 Sep 2015
FHA INFO #15-70: Single Family Partial Claim Documentation and Delivery
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #15-70.
2 Sep 2015
County Supervisors Want to Put Squeeze on Squatters
BAKERSFIELDnow.com released an article discussing the desire of Kern County, California officials to have more rules in place to deal with the issue of squatters in vacant properties.
1 Sep 2015
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) released a VALERI Servicer Newsflash containing information on Vendor Resource Management (VRM) suggested email templates for title package process, a series of reminders and an example of the email templates themselves.
1 Sep 2015
VA Manual 26-3 Revised Appendix H: Property Preservation Requirements and Fees
The U.S. Department of Veterans Affairs (VA) has revised Appendix H of VA Manual 26-3 to include updated Property Preservation Requirements and Fees.
28 Aug 2015
HARP Refinances Remain Steady Through Second Quarter
The Federal Housing Finance Agency (FHFA) published a news release announcing results from its 2015 second quarter Refinance Report.
27 Aug 2015
MHA HAMP Update Streamline HAMP NPV Tool and Documentation Available
Making Home Affordable (MHA) released a HAMP Update announcing the availability of the Streamline HAMP NPV Tool v.10 and relevant documentation for servicers.
27 Aug 2015
HOPE NOW Mortgage Industry Achieves 24M Solutions and 6M Loan Mods
HousingWire published an article discussing mortgage industry information from the second quarter of 2015 released by HOPE NOW.
26 Aug 2015
MHA HAMP Reporting Update Net Present Value (NPV) Reporting Guidance Job Aid Posted
Making Home Affordable (MHA) released a HAMP Reporting Update in regards to the addition of an NPV Reporting Guidance job aid to the Learning Center on HMPadmin.com.
24 Aug 2015
Connellsville Authority Seeks Resolutions on Land Bank
Triblive.com released an article discussing Connellsville, Pennsylvania and its efforts to garner support from surrounding communities in order to initiate a land bank.
21 Aug 2015
Federal Protecting Tenants at Foreclosure Act
The National Law Review released an article authored by Brian H. Smith, Shareholder and member of Stark & Stark’s Bankruptcy & Creditors’ Right Group. In it, Smith details issues surrounding the now retired Protecting Tenants at Foreclosure Act (“PTFA”).
21 Aug 2015
City Council Rejects Land Bank
Standardspeaker.com published an article discussing the rejection of a Hazleton, Pennsylvania proposal to create a land bank program.
19 Aug 2015
Commission Wants a Land Bank
The Atchison Globe published an article discussing the interest of Atchison, Kansas to form a land bank.
18 Aug 2015