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MHA SD 14-01 Servicer Handbook Version 4.4; Administrative Clarifications

On March 3, Making Home Affordable (MHA) released Supplemental Directive 14-01: Making Home Affordable® Program – Handbook for Servicers Version 4.4 and Administrative Clarifications.

4 Mar 2014

‘Blight to Bright’ in Colorado Springs

On February 25, FOX21News.com published an article titled Bringing condemned homes in Colorado Springs from ‘Blight to Bright.’

3 Mar 2014

Coral Gables, FL Wants Banks to Take Care of Foreclosed Homes

On February 25, the Miami Herald published an article titled Coral Gables Wants Banks to Take Care of Foreclosed Homes.

3 Mar 2014

Fannie Mae Standard Modification Rate Adjustment Frequency

On February 26, Fannie Mae issued Servicing Notice: Fannie Mae Standard Modification Rate Adjustment Frequency.

3 Mar 2014

Fannie Mae SVC-2014-04 Miscellaneous Servicing Policy Updates

On February 26, Fannie Mae issued Servicing Guide Announcement SVC-2014-04 subtitled Miscellaneous Servicing Policy Updates.

3 Mar 2014

FHFA Appoints New Chairman of Fannie Mae

On February 25, the Federal Housing Finance Agency (FHFA) announced FHFA Appoints New Chairman of Fannie Mae Board of Directors.

3 Mar 2014

VA Circular 26-14-5 Appraisal Requirements on Foreclosed Properties

On February 25, the Department of Veterans Affairs (VA) issued Circular 26-14-5 subtitled VA Appraisal Requirements on Foreclosed Properties.

3 Mar 2014

Some Oklahomans Support Bill to Ban Vacant Property Registries

On February 25, NewsOK.com published an article titled Oklahoma Realtors, Other Business Groups Support Bill Banning Cities from Registering Vacant Properties.

27 Feb 2014

MHA Updated Data Dictionaries and NPV Job Aid

On February 25, Making Home Affordable released an update regarding data dictionaries and NPV job aid.

26 Feb 2014

Camden NJ to Seal or Demolish Abandoned Houses to Reverse Violence

On February 22, NJ.com published an article titled Camden Police Chief: Reverse ‘Extreme Culture of Violence’ by Sealing, Demolishing Abandoned Houses.

25 Feb 2014

Higher Than Expected Vacancy Rates in First REO to Rental Deal

On February 19, Yahoo! Finance published an article titled Vacancy Rates Higher Than Expected in First REO to Rental Deal.

25 Feb 2014

Judicial States Struggle with Foreclosure Backlog

On February 25, MBA NewsLink published an article titled ‘Judicial’ States Struggle with Foreclosure Backlog.

25 Feb 2014

NJ A-955 Would Help Homeowners Facing Foreclosure

On February 22, NJ.com published an article titled Measure Would Help NJ Homeowners Facing Foreclosure.

25 Feb 2014

Freddie Mac New Self-Service Password Reset Capability

On February 24, Freddie Mac published an update titled New Self-Service Password Reset Capability for Single-Family Business Applications.

25 Feb 2014

HUD Federal Register Updates

On February 24, the U.S. Department of Housing and Urban Development (HUD) added three updates to the Federal Register regarding a 30-day notice of proposed information collection for FHA-insured mortgages.

25 Feb 2014

Fannie Mae Announces Homebuyer Incentive on HomePath? Properties in FirstLook? Period

On February 13, Fannie Mae announced a homebuyer incentive up to 3.5 percent closing cost assistance on HomePath® properties in the FirstLook™ period.

21 Feb 2014

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