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FHLMC Guide Bulletin 2013-18 Servicing and Selling Updates
On September 24, Freddie Mac issued a notice titled Updates to Condominium Delivery Fee, Relief Refinance Mortgages and Asset Documentation Announced in Bulletin 2013-18.
26 Sep 2013
Freddie Mac EVP Dave Lowman Sends a Message
On September 23, Freddie Mac released a message from EVP of Single-Family Business, Dave Lowman.
26 Sep 2013
Safeguard Supports Slavic Village Recovery Efforts
In September, Safeguard supported the ongoing efforts to clean up blight and revive Slavic Village; a collection of neighborhoods in Cleveland, OH. Several media sources picked up the story.
25 Sep 2013
California Mortgage Grabs Are a Terrible Idea
On September 17, Bloomberg.com published an article titled California Mortgage Grabs Are a Terrible Idea.
24 Sep 2013
Is Richmond’s Mortgage Seizure Scheme Even Legal?
On September 21, The Washington Post published a blog titled Is Richmond’s Mortgage Seizure Scheme Even Legal?
23 Sep 2013
Richmond, CA Key Players in Eminent Domain Plan
On September 20, Mortgage Daily published an article titled The Players in Richmond’s Eminent Domain Plan: Video of Interviews.
23 Sep 2013
FHFA Launches National Education Campaign
On September 23, the Federal Housing Finance Agency (FHFA) released an update titled FHFA Launches National Education Campaign.
23 Sep 2013
MBA Summary of CFPB Modifications to Servicing Provisions of Regulation X
On September 13, the Consumer Financial Protection Bureau (CFPB) issued a final rule amending and clarifying the Servicing, Ability to Repay/Qualified Mortgage, Loan Originator Compensation and Appraisal rules. In many areas, the CFPB responded to the Mortgage Bankers Association (MBA) comments seeking revisions that would facilitate compliance by the industry.
23 Sep 2013
Zombie Property Ruling Could Hurt Evanston, IL
On September 18, Evanston Now published an article titled ‘Zombie’ Property Ruling Could Hurt Evanston.
20 Sep 2013
NY Issues New Force-Placed Insurance Rules
On September 19, National Mortgage News published an article titled New York Issues New Force-Placed Insurance Rules.
20 Sep 2013
VA Circular 26-13-16 Special Relief Following Flooding in Colorado
On September 19, the Veterans Affairs (VA) released Circular 26-13-16: Special Relief Following Flooding In Colorado.
20 Sep 2013
Bondholders’ Eminent Domain Lawsuit Dismissed
On September 17, MortgageOrb published an article titled Bondholders’ Suit Over Eminent Domain Is Dismissed.
19 Sep 2013
Eminent Domain Lawsuit Against Richmond, CA is Dismissed
On September 16, SFGate published an article titled Banks’ Eminent Domain Suit Against Richmond Tossed.
19 Sep 2013
HUD Says Hurricane Sandy Shows Need for Insurance Change
On September 18, National Mortgage News published an article titled HUD Secretary: Sandy Shows Need for Insurance Change.
19 Sep 2013
Lawsuit over Eminent Domain in CA Premature
On September 15, the Las Vegas Sun published an article titled Lawsuit over CA City’s Mortgage Scheme Premature.
19 Sep 2013
FNMA SVC-2013-18 Streamlined Modification, HAMP, and 2MP Updates
On September 18, Fannie Mae released Servicing Guide Announcement SVC-2013-18, subtitled Streamlined Modification, HAMP, and 2MP Updates.
19 Sep 2013