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FEMA Designates $700 Million in Hazard Mitigation
DS News reported that FEMA has selected the sub-applications for the $700 million being made available in fiscal year 2020 for Building Resilient Infrastructure and Communities (BRIC) and Flood Mitigation Assistance (FMA) grant programs.
15 Jul 2021
Fannie Mae: SVC-2021-04: Servicing Guide Updates
Fannie Mae updated its Servicing Guide to broaden the requirements for acceptance of mortgage assistance funds, introduce a new process for filing conventional mortgage insurance claims in the new MI Claims Portal and to simplify the REOgram™ notification process.
14 Jul 2021
FHFA: Foreclosure Prevention Report – April 2021
The Federal Housing Finance Agency (FHFA) issued its April 2021 Foreclosure Prevention, Refinance and FPM Report.
13 Jul 2021
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