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Nespelem Evacuated After Lightning Fire Burns Over 10,000 Acres
The Spokane-Review published an article outlining the Chuweah Creek Fire, which has burned homes in Nespelem, Wash.
13 Jul 2021
Beckwourth Complex Now Largest Fire in California
Plumas News provided coverage of the Beckwourth Complex Fire, which has consumed almost 100,000 acres in Plumas County, Calif.
12 Jul 2021
Tropical Storm Elsa Completes Trek Up U.S. Atlantic Coast
FEMA issued an update to an Emergency Declaration for areas in Florida affected by Tropical Storm Elsa beginning on July 4, 2021 and continuing.
9 Jul 2021
HUD: FHA INFO #21-55: COVID-19 Loss Mitigation Polices Webinar
The Federal Housing Administration (FHA) announced the availability of a pre-recorded webinar that discusses in greater detail the policies outlined in Mortgagee Letter 2021-15 (COVID-19 guidance).
9 Jul 2021
HUD: Key Staff Appointment Announcement
The U.S. Department of Housing and Urban Development (HUD) announced several key additions to internal staff since March.
9 Jul 2021
FEMA Declared Disaster Mississippi Severe Winter Storms
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi affected by severe winter storms that took place February 11-19, 2021.
7 Jul 2021
Fannie Mae: Excess Fee for Resuming Pending Foreclosure Actions
Fannie Mae authorized a one-time excess legal fee for additional legal work required to resume pending foreclosures in certain jurisdictions when it is necessary to do so upon the lifting of applicable federal and state moratoria.
7 Jul 2021
Fannie Mae: New Resources Added to Servicer Toolkit
Fannie Mae announced enhancements to its servicer toolkit. Included are resources to help support borrowers once the foreclosure moratorium ends.
7 Jul 2021
Salt and Tennant Fires Burn Homes in Northern California
KPIX CBS 5 published a report outlining major wildfire activity that has burned homes in Northern California.
6 Jul 2021
Joe Iafigliola Talks Disaster Response for Mortgage Servicers
The July cover story of DS News discussed best disaster-planning practices for homeowners and the mortgage servicing industry. Featured are comments from Safeguard Properties CFO Joe Iafigliola.
6 Jul 2021
OCC: Organizational Change Announcement
The Office of the Comptroller of the Currency (OCC) announced structural changes intended to enhance its efficiency and effectiveness.
6 Jul 2021
CFPB: Landlords and Agencies to Report Rental Information Accurately
The Consumer Financial Protection Bureau (CFPB) released an enforcement compliance bulletin reminding landlords, consumer reporting agencies and others of their critical obligations to accurately report rental and eviction information.
1 Jul 2021
Fannie Mae: Lender Letter LL-2021-07: COVID-19 Payment Deferral
Fannie Mae adjusted the terms for a Flex Modification with reduced eligibility criteria for COVID-19 impacted borrowers to provide an opportunity to reduce their interest rate, regardless of the mortgage loan’s mark-to-market loan-to-value ratio.
30 Jun 2021
Fannie Mae: Lender Letter LL-2021-02: Impact of COVID-19 on Servicing
Fannie Mae updated provisions regarding the suspension of foreclosure-related activities and filing motions for relief from the automatic stay in certain bankruptcy cases.
30 Jun 2021
FHFA: Expanded Use of Interest Rate Reduction for COVID-19 Hardship
The Federal Housing Finance Agency (FHFA) announced changes to loan modification terms for COVID-19 impacted borrowers with mortgages backed by Fannie Mae or Freddie Mac needing payment reduction for successful home retention.
30 Jun 2021
Freddie Mac: Guide Bulletin 2021-24: Servicing Updates
Freddie Mac announced the upcoming expiration of the COVID-19 foreclosure moratorium, temporary changes to Freddie Mac Flex Modification® for Borrowers with a COVID-19 hardship and updates to PAID.
30 Jun 2021