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FEMA Declared Disaster Area New Mexico

On October 6, FEMA issued a Presidential Major Disaster Declaration for areas in New Mexico as a result of severe storms and flooding July 27 to August 5.

7 Oct 2014

Supreme Court Case to Decide if Banks are Responsible for Sale of Foreclosed Houses

On October 1, Philip Babler, associate and litigation lawyer with Foley & Lardner LLP posted an article discussing Bank of New York v. Carson, No. 2013AP544, currently awaiting a ruling from the Wisconsin Supreme Court.

7 Oct 2014

FHA Announces Intention to Extend Borrower Refinancing Program

On October 1, the Federal Housing Administration (FHA) released INFO message #14-60, discussing its plan to extend the “FHA Refinances of Borrowers in Negative Equity Positions” program.

7 Oct 2014

GAO-15-5 Troubled Asset Relief Program

On October 6, the U.S. Government Accountability Office (GAO) released GAO-15-5, a report subtitled Troubled Asset Relief Program:  Treasury Could Better Analyze Data to Improve Oversight of Servicers’ Practices.

7 Oct 2014

FHLMC Guide Bulletin 2014-17 Servicing Updates

On October 1, Freddie Mac released an update titled Single-Family Seller/Servicer Guide Bulletin 2014-17.

3 Oct 2014

Five States Account for Nearly Half of Completed Foreclosures in Last 12 Months

On October 2, DS News released an article discussing findings published in the August edition of CoreLogic’s National Foreclosure Report.

 

3 Oct 2014

Fannie Mae SVC-2014-17 Miscellaneous Servicing Policy Updates

On October 1, Fannie Mae released Servicing Guide Announcement SVC-2014-17, subtitled Miscellaneous Servicing Policy Updates.

2 Oct 2014

MHA Supplemental Directive 14-03 Making Home Affordable Program-Administrative Clarifications

On September 30, Making Home Affordable (MHA) issued an update titled Supplemental Directive 14-03:  Making Home Affordable Program-Administrative Clarifications.

2 Oct 2014

FEMA Declared Disaster Area Kentucky

On September 30, FEMA issued a Presidential Major Disaster Declaration for areas in Kentucky as a result of severe storms, flooding, landslides and mudslides, August 18-23.

1 Oct 2014

Five Star Conference 2014 Summary

Host Sponsor Safeguard Properties Attends Five Star Conference and Expo.

1 Oct 2014

FHA Announces New Single Family Loan Servicing Contractor

On September 24, the Federal Housing Administration (FHA) released INFO message #14-57, discussing ML 2014-19 titled “New Single Family Loan Servicing Contractor”.

 

1 Oct 2014

FHFA Foreclosure Prevention Report Second Quarter 2014

On September 24, the Federal Housing Finance Agency (FHA) released its Foreclosure Prevention Report Second Quarter 2014.

30 Sep 2014

Government Sponsored Enterprise Reform May Not Come Until 2017

On September 26, National Mortgage News featured an article on the future of currently stalled Congressional mortgage reform.

30 Sep 2014

Treasury HUD and The Ad Council Launch New Public Service Ads for Struggling Homeowners

On September 24, The U.S. Department of the Treasury published a news release announcing the joint effort of itself, HUD and The Ad Council to launch a series of Public Service ads as a part of their Foreclosure Prevention Assistance campaign.

30 Sep 2014

FHA Releases Servicing Section Draft of Upcoming Single Family Housing Policy Handbook

The Federal Housing Administration (FHA) has released the draft of the new Serving Manual.  Comments on the information contained in the draft manual are due by October 17, 2014.

29 Sep 2014

FEMA Declared Disaster Area Michigan

On September 25, FEMA issued a Presidential Major Disaster Declaration for areas in Michigan as a result of severe storms and flooding, August 11-13.

26 Sep 2014

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