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Fannie Mae SVC-2015-12 Servicing Guide Updates
Fannie Mae released an announcement outlining several updates to its Servicing Guide, including adjustments to Standard and Streamlined Modifications and updates to the Application of Borrower HAMP Incentives.
9 Sep 2015
FHLMC Guide Bulletin 2015-15 Increasing Modification Eligibility and More
Freddie Mac issued a release announcing updates to borrower eligibility for modifications and requirements related to Freddie Mac Default Legal Matters.
9 Sep 2015
Fannie Mae: SMDU: A Helping Hand for Borrowers and Servicers
The Housing Industry Forum released an article discussing the benefits of the Servicing Management Default Underwriter (SMDU).
8 Sep 2015
GAO-15-631: Lender Placed Insurance: More Robust Data Could Improve Oversight
The U.S. Government Accountability Office (GAO) released GAO-15-631, a report discussing lender placed insurance (LPI) and the extent to which it is used.
8 Sep 2015
MHA HAMP Reporting Update Q3 2015 Base NPV Documentation Supplement Available
Making Home Affordable (MHA) released a HAMP Reporting Update announcing the availability of the Q3 2015 Base NPV Documentation Supplement for the Home Affordable Modification Program (HAMP).
8 Sep 2015
FEMA Declared Disaster Louisiana
On September 4, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in Louisiana as a result of severe storms and flooding May 18 to June 20, 2015.
4 Sep 2015
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