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MCM UpDate Issue #17
Michaelson, Connor and Boul (MCB), the Mortgagee Compliance Manager for the United States Department of Housing and Urban Development (HUD) have published MCM UpDate Issue #17.
27 May 2015
FHFA: Fannie Mae and Freddie Mac Issue New Eligibility Requirements for Seller/Servicers
On May 20, the Federal Housing Finance Agency (FHFA) issued a news release announcing new operational and financial eligibility requirements issued by Fannie Mae and Freddie Mac for all current and potential single-family mortgage Seller/Servicers.
26 May 2015
FHLMC Guide Bulletin 2015-08 Updates Seller/Servicer Financial and Operational Eligibility
On May 20, Freddie Mac released an update titled Guide Bulletin 2015-08 Updates Seller/Servicer Financial and Operational Eligibility.
26 May 2015
MHA Program Update: SD 15-04 Making Home Affordable Program Extension and Administrative Clarifications
On May 21, Making Home Affordable (MHA) released an update titled MHA Program Extension and Administrative Clarifications.
26 May 2015
Safeguard Properties Celebrates 25th Anniversary
Safeguard Properties announced its 25th anniversary celebration, taking place throughout May 2015.
26 May 2015
FEMA Declared Disaster Georgia
On May 20, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia as a result of a severe winter storm February 15-17.
22 May 2015
FEMA Declared Disaster West Virginia
On May 21, FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia as a result of severe storms, flooding, landslides and mudslides April 13-15.
22 May 2015
Fannie Mae: Recorded Webinars and More Training Opportunities Available
On May 13, Fannie Mae announced several recorded webinars that are currently available on FannieMae.com.
21 May 2015
Fannie Mae SVC-2015-07 Servicing Guide Updates
On May 20, Fannie Mae released Servicing Guide Announcement SVC-2015-07, subtitled Servicing Guide Updates.
21 May 2015
Fannie Mae SVC-2015-08 Servicer Eligibility and Oversight Requirements
On May 20, Fannie Mae released Servicing Guide Announcement SVC-2015-08, subtitled Servicer Eligibility and Oversight Requirements.
21 May 2015
FHFA Issues Update on the Single Security
On May 15, the Federal Housing Finance Agency (FHFA) released an update detailing the progress that has been made on the single mortgage-backed security that would be issued by Fannie Mae or Freddie Mac.
21 May 2015
VA Circular 26-15-19 Servicer Statutory Redemption Procedure
On May 18, the U.S. Department of Veterans Affairs (VA) issued Circular 26-15-19, subtitled Servicer Statutory Redemption Procedure.
21 May 2015
Community Initiatives Education Outreach Extends Nationwide
During the first quarter of 2015, the Safeguard Properties Community Initiatives Department travelled across the country to meet with municipal leaders and deliver educational messages regarding the servicing industry’s best practices in preserving vacant properties.
19 May 2015
FEMA Declared Disaster West Virginia
On May 14, FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia as a result of severe storms, flooding, landslides and mudslides April 3-5.
19 May 2015
FEMA Declared Disaster West Virginia
On May 18, FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia as a result of severe storms, flooding, landslides and mudslides April 8-11.
19 May 2015
VA Circular 26-15-9: Servicer Statutory Redemption Procedure
The U.S. Department of Veterans Affairs (VA) released a circular providing guidance on the procedure to redeem a VA property, post-foreclosure, in a state which allows “statutory redemption”.
18 May 2015