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Panel Pushes City Eminent Domain in Newark “Foreclosure Crisis”

LOCALTALKNEWS.COM released an article discussing a recent panel convened by Communities United NJ regarding the city’s use of eminent domain to halt the foreclosure of blighted properties.

7 Aug 2015

Freddie Mac Single Sign-On and Other Enhancements for Servicer Performance Profile

Freddie Mac issued a release announcing several updates to the Freddie Mac Servicer Performance Profile.

7 Aug 2015

HUD Announces Change to Debenture Interest Rates

The U.S. Department of Housing and Urban Development (HUD) announced changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the Federal Housing Administration under the provisions of the National Housing Act (the Act).

7 Aug 2015

HUD MCM Contract Response Letter to MBA

The Mortgage Bankers Association (MBA) has released a letter from the U.S. Department of Housing and Urban Development (HUD) in response to the MBA’s questions regarding the new Mortgagee Compliance Manager (MCM) contract.

7 Aug 2015

New Proposed Bankruptcy Rules: Focus on Periodic Statements

DS News released an article discussing new rules proposed by the Consumer Financial Protection Bureau’s (CFPB) Judicial Conference Advisory Committee on Bankruptcy Rules.

7 Aug 2015

FEMA Declared Disaster Commonwealth of Northern Mariana Islands

On August 6, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in the Commonwealth of Northern Mariana Islands as a result of Typhoon Soudelor August 1-3, 2015.

6 Aug 2015

City and County Considering Land Bank Idea

The Garden City Telegram published an article discussing the current consideration of Garden City and Finney County, Kansas to create a land bank.

6 Aug 2015

Stephen W. Warren Named the OCC?s Chief Information Officer

The Office of the Comptroller of the Currency (OCC) issued a news release announcing Stephen W. Warren as Chief Information Officer (CIO).  He will join the OCC officially on September 6, 2015.

6 Aug 2015

Preserving Neighborhoods

The August issue of Mortgage Banking Magazine featured an article by Safeguard Properties CEO Alan Jaffa discussing the need of the mortgage industry and municipalities to strive for more collaboration in working towards the shared goal of preserving properties and communities. 

 

5 Aug 2015

FEMA Declared Disaster Texas

On August 4, 2015, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Texas as a result of severe storms, tornadoes, straight-line winds and flooding May 4 to June 22, 2015. 

 

5 Aug 2015

All Ohio Counties Are Now Eligible to Form Land Banks

Richland Source published a release discussing a decision by the Ohio State Legislature eliminating the 60,000 population threshold for counties wishing to establish land banks.

5 Aug 2015

FHA INFO #15-57: Single Family Housing Policy Handbook: Draft Claims and Disposition Section Posted Today for Feedback

The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #15-57. 

 

5 Aug 2015

VALERI Servicer Newsflash

The U.S. Department of Veterans Affairs (VA) released a VALERI Servicer Newsflash containing updated information on the Legacy Loan Project, Development updates for the VALERI 3.4 Bl Reports Release and Development updates for the VALERI 3.5 Release.

5 Aug 2015

CFPB Provides Guidance About Private Mortgage Insurance Cancellation and Termination

The Consumer Financial Protection Bureau (CFPB) issued a press release regarding the Homeowners Protection Act and the cancellation and termination of private mortgage insurance by mortgage servicers.

4 Aug 2015

Field Services Evolution

The August issue of HousingWire featured CEO Alan Jaffa as the subject of an interview discussing ways Safeguard Properties has identified and reacted to the challenges brought forth by the ever evolving regulatory landscape of the mortgage servicing industry.

 

4 Aug 2015

FEMA Declared Disaster Iowa

On July 31, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in Iowa as a result of Severe Storms, Tornadoes, Straight-Line Winds and Flooding June 20-25, 2015.

3 Aug 2015

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