Archives For: Investor and Regulatory Updates
Why HAMP and HARP Have Run Their Course
National Mortgage News published an article discussing the Making Home Affordable (MHA) program, which is scheduled to end on December 31, 2016.
9 May 2016
Fannie Mae Standard Modification Interest Rate Exhibit
Fannie Mae released an exhibit providing the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications, excluding Fannie Mae HAMP Modifications.
6 May 2016
Fannie Mae: Updated Maryland AAA Matrix
Fannie Mae has posted an updated version of the Maryland AAA Matrix on the Excess Attorney Fee Guidelines page.
4 May 2016
VA Circular 26-16-13 Special Relief Following Louisiana and Texas Severe Storms and Flooding
The U.S. Department of Veterans Affairs (VA) released Circular 26-16-13. The circular expresses concern about VA home loan borrowers affected by severe storms and flooding in the states of Louisiana and Texas.
3 May 2016
MHA Program Update Supplemental Directive 16-03: Making Home Affordable Program ? MHA Program Termination and Borrower Application Sunset II
Making Home Affordable (MHA) issued a Program Update providing additional guidance to servicers regarding the termination of MHA for Non-GSE Mortgages.
2 May 2016
FHFA: Statement on Authorized Enterprise Servicers Reliance on Legal Standards in Homeowner Association Foreclosure Proceedings (release date 4/29/2016)
The Federal Housing Finance Agency (FHFA) issued a statement in regards to Homeowner Association (HOA) foreclosure.
29 Apr 2016
Freddie Mac: 3 Red Flags + 4 Tips to Fight Affinity Fraud
Freddie Mac issued a release exploring affinity fraud and how to avoid it.
28 Apr 2016
MHA HAMP Reporting Update Updated Data Dictionaries Posted
Making Home Affordable (MHA) issued a HAMP Reporting Update announcing the availability of several updated Data Dictionaries.
28 Apr 2016
USDA: Loss Mitigation Mandatory Waiver, 7 Code of Federal Regulations (CFR) 3555, Sec 3555.301(h)
The U.S. Department of Agriculture (USDA) released a single family housing update mandating the use of a loss mitigation waiver effective August 1, 2016.
28 Apr 2016
Fannie Mae Single Family Servicing News: New Look, Improved Website, Enhanced Materials
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
27 Apr 2016