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FHLMC Guide Bulletin 2015-14 New Automated Settlement Process and Requirement Updates

On August 12, Freddie Mac released an update titled Guide Bulletin 2015-14 New Automated Settlement Process and Requirement Updates.

12 Aug 2015

MHA Supplemental Directive 15-07 Making Home Affordable Program ? Handbook Mapping for Streamline HAMP

Making Home Affordable (MHA) issued an update providing servicers mapping of the MHA Program Handbook for Servicers of Non-GSE Mortgages for the Streamline HAMP guidance contained in SD 15-06.

11 Aug 2015

FEMA Declared Disaster Kansas

On August 10, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in Kansas as a result of severe storms, tornadoes, straight-line winds and flooding that took place May 4 to June 21, 2015.

10 Aug 2015

FEMA Declared Disaster Missouri

On August 8, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in Missouri as a result of severe storms, tornadoes, straight-line winds, and flooding May 15 to July 27, 2015.

8 Aug 2015

FEMA Declared Disaster Oglala Sioux Tribe of the Pine Ridge Indian Reservation

On August 8, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in Oglala Sioux Tribe of the Pine Ridge Indian Reservation as a result of severe storms, straight-line winds, and flooding May 8-29, 2015.

8 Aug 2015

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

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