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Too Late to Foreclose?

On December 30, Mike Provenzale, senior associate in the Creditor’s Rights practice area for Lowndes, Drosdick, Doster, Kantor & Reed, P.A. authored an article discussing the Florida statute of limitations for mortgage foreclosures and the question of timeframes for a second foreclosure suit after the first has been dismissed.

8 Jan 2015

Consumers Not Ready to Move on Housing Despite Improved Outlook on Economy

On January 7, Fannie Mae issued a news release outlining results from its December 2014 National Housing Survey.

8 Jan 2015

Fannie Mae Standard Modification Interest Rate Adjustment

On January 8, Fannie Mae released a Servicing Notice providing notification of the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications.

8 Jan 2015

GAO-15-197: Troubled Asset Relief Program: Treasury Continues to Wind Down Most Programs, but Housing Programs Remain Active

On January 6, the U.S. Government Accountability Office (GAO) released GAO-15-197, a report subtitled Troubled Asset Relief Program: Treasury Continues to Wind Down Most Programs, but Housing Programs Remain Active.

7 Jan 2015

Alan Jaffa Discusses the Future of Field Services

The December issue of DS News featured an article by Safeguard Properties CEO Alan Jaffa titled Surveying the Field: The Future of Field Services.

31 Dec 2014

Alan Jaffa Talks About What’s Next in Field Services

The December issue of HousingWire featured an article by Safeguard Properties CEO Alan Jaffa titled What’s next in field services?

31 Dec 2014

Wisconsin Court of Appeals Rejects Publication Deadline For Residential Foreclosures

On December 15, Bradley, Arant, Boult, Cummings LLP published an Appellate Alert discussing the Wisconsin Court of Appeals’ decision in Bank of America, N.A. v. Prissel,-N.W.2d-Nos. 2014AP642 & 2014AP647.

30 Dec 2014

OCC Mortgage Metrics Report: 93.0 Percent of Mortgages Current at End of Third Quarter

On December 19, the Office of the Comptroller of the Currency (OCC) issued a news release titled OCC Reports Mortgage Performance Improvement Continues.

30 Dec 2014

Six Federal Agencies Jointly Approve Final Risk Retention Rule

On December 24, National Mortgage News published an article titled Federal Regulators Publish Final Risk-Retention Rule.

29 Dec 2014

Massachusetts Supreme Judicial Court Invalidates Two Springfield Anti-Foreclosure Ordinances

On December 19, MassLive.com released an article titled SJC rules against Springfield in foreclosure ordinance case.

24 Dec 2014

Fannie Mae Lender Letter LL-2014-09: Updates to Foreclosure Bidding Instructions and Third Party Sales

On December 23, Fannie Mae released Lender Letter LL-2014-09, subtitled Updates to Foreclosure Bidding Instructions and Third Party Sales.

23 Dec 2014

Fannie Mae SVC-2014-22 Updates to the Fannie Mae MyCity Modification

On December 18, Fannie Mae released Servicing Guide Announcement SVC-2014-22, subtitled Updates to the Fannie Mae MyCity Modification.

23 Dec 2014

FHLMC Guide Bulletin 2014-25 Expansion of the Freddie Mac MyCity Modification

On December 18, Freddie Mac released an update titled Guide Bulletin 2014-25: Expansion of the Freddie Mac MyCity Modification.

23 Dec 2014

GAO-15-81 Dodd-Frank Regulations Regulators Analytical and Coordination Efforts

On December 18, the U.S. Government Accountability Office (GAO) released GAO-15-81, a report subtitled GAO-15-81 Dodd-Frank Regulations: Regulators’ Analytical and Coordination Efforts [Reissued on December 18, 2014].

23 Dec 2014

Senators Ask FHFA to Revisit FHLBank Membership Requirements

On December 18, DS News published an article discussing a signed letter by senators to Federal Housing Finance Agency (FHFA) Director Mel Watt concerning stricter membership requirements for Federal Home Loan Banks.

23 Dec 2014

Statement of the Federal Housing Finance Agency on Certain Super Priority Liens

On December 22, the Federal Housing Finance Agency (FHFA) released a statement titled Statement of the Federal Housing Finance Agency on Certain Super Priority Liens.

23 Dec 2014

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