Archives For: Investor and Regulatory Updates
FHFA: Foreclosure Prevention Actions Top 3.5 Million Through Second Quarter 2015
The Federal Housing Finance Agency (FHFA) issued a news release discussing findings from its second quarter Foreclosure Prevention Report.
28 Sep 2015
HUD Mortgagee Letter 2015-21: Automatic Extensions to HUD’s Initiation of Foreclosure Timeline
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-21. The letter provides guidance relating to HUD’s regulatory requirement for mortgagees to utlize a Loss Mitigation Option or initiate foreclosure within six months of the date of default.
28 Sep 2015
Fannie Mae Updated Florida AAA Matrix
Fannie Mae has added an updated version of the Florida AAA Matrix which is now available on its Excess Attorney Fee Guidelines page.
25 Sep 2015
Fannie Mae Utilizes Technology to Achieve Housing Goals
DS News published an article discussing various Fannie Mae technology tools that are available for servicers to aid at-risk borrowers in foreclosure prevention. These tools can be found on Fannie Mae’s new Technology Solutions webpage.
24 Sep 2015
NeighborWorks Report Illustrates the Ongoing Success of National Foreclosure Mitigation Counseling Program
The National Council of State Housing Agencies (NCSHA) released an article discussing NeighborWorks America’s eleventh Congressional Report on the National Foreclosure Mitigation Counseling (NFMC) Program.
24 Sep 2015
MCM UpDate Issue #18
Michaelson, Connor and Boul (MCB), the Mortgagee Compliance Manager for the U.S. Department of Housing and Urban Development (HUD) have published MCM UpDate Issue #18.
22 Sep 2015
Freddie Mac Single-Family Update: Available Training on The Learning Center
Freddie Mac released a Single-Family Update announcing upcoming servicing training events offered by The Learning Center.
17 Sep 2015
MHA HAMP Reporting Update HAMP NPV Transaction Portal Outage
Making Home Affordable (MHA) released a HAMP Reporting Update announcing a HAMP NPV Transaction Portal outage scheduled September 25-28.
17 Sep 2015
Fannie Mae LL-2015-04 Nevada HOA Litigation
Fannie released Lender Letter LL-2015-04. The letter reminds servicers of their obligation to escalate non-routine litigation to Fannie Mae.
16 Sep 2015
HUD Announces Relief for Victims of Hurricane Sandy
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing a decision to not require repayment of “duplicate” benefits from thousands of New York and New Jersey homeowners affected by Hurricane Sandy.
16 Sep 2015