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HUD: Updated Servicing and Loss Mitigation Section of Handbook 4000.1
The U.S. Department of Housing and Urban Development (HUD) announced updates to the Servicing and Loss Mitigation section (Section III) of Single Family Housing Policy Handbook 4000.1.
19 Apr 2021
Two Structures Destroyed in South Central Oregon Wildfire
OPB issued a report outlining wildfire activity in south central Oregon that has reportedly burned two structures.
19 Apr 2021
HUD: Accelerated Access to Puerto Rico Disaster Relief Funds
The U.S. Department of Housing and Urban Development (HUD) announced the obligation of $8.2 billion in Community Development Block Grant Mitigation funds for Puerto Rico, along with the removal of onerous restrictions unique to Puerto Rico that limited the island’s access to recovery funds that were allocated following Hurricane Maria in September 2017.
19 Apr 2021
FHFA: Foreclosure Prevention Report – January 2021
The Federal Housing Finance Agency (FHFA) issued its January 2021 Foreclosure Prevention, Refinance and FPM Report.
16 Apr 2021
Fannie Mae: RES-Post Payment Documentation Enhancements
Fannie Mae announced that the RES-Post Payment Documentation Request Portal job aid has been updated to include information regarding current features and associated screenshots.
15 Apr 2021
Freddie Mac: Guide Bulletin 2021-14: Servicing Updates
Freddie Mac announced updates to servicing of community land trust mortgages, eMortgage legal referral requirements, adjustments to the modification loss amount calculation and more.
14 Apr 2021
FHFA: What Types of Mortgages Do the GSEs Acquire?
The Federal Housing Finance Agency (FHFA) published a blog post presenting statistics for mortgages acquired and not acquired by Fannie Mae and Freddie Mac.
14 Apr 2021
Florida Circuit Courts Ordered to Move Pending Foreclosure Cases
DS News published an article authored by McCalla Raymer Leibert Pierce Managing Partner Jane Bond. In it, Bond discusses Amendment 10 of the Comprehensive COVID-19 Emergency Measures for Florida Trial Courts, which was recently issued by the Florida Supreme Court. The amendment mandates that most foreclosure cases will now either be considered a streamlined case or general civil case.
12 Apr 2021
Derecho Crosses South with Widespread Damaging Winds
The Weather Channel issued a report outlining thunderstorm activity that produced tornadoes in the midwestern and southern U.S.
11 Apr 2021
FEMA Declared Disaster Kentucky Severe Winter Storms
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kentucky affected by severe winter storms, landslides and mudslides that took place February 8-19, 2021.
9 Apr 2021
Severe Thunderstorms Spawned Tornadoes in the South
The Weather Channel issued a report outlining thunderstorm activity that produced damaging tornadoes in the Central and southern U.S.
8 Apr 2021
Structures Destroyed, Entire Arizona Town Evacuated Due to Wildfire
The Weather Channel is actively covering wildfire activity in Arizona that has reportedly burned structures in the community of Dudleyville.
8 Apr 2021
Urban Institute: Streamlined Home Refinancing Program Potential Benefits
The Urban Institute published a blog post reflecting on the success of the Home Affordable Refinance Program (HARP) and exploring how the introduction of a similar program could help borrowers today.
8 Apr 2021
Florida Facing Flood Threat from Wastewater Pond Leak
FOX News published a report providing an update on a wastewater leak occurring at the Piney Point reservoir located in Manatee County, Fla.
6 Apr 2021
Tennessee Brush Fire Burns Two Homes in Wears Valley
WKRN issued a report providing the latest on a brush fire that has reportedly damaged two homes in the Wears Valley area.
6 Apr 2021
CFPB: Mortgage Servicing Changes to Prevent COVID-19 Foreclosures
The Consumer Financial Protection Bureau (CFPB) proposed a set of rule changes intended to help prevent avoidable foreclosures as emergency federal foreclosure protections expire.
5 Apr 2021