Archives For: Investor and Regulatory Updates
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
FHFA Issues Update on the Common Securitization Platform
The Federal Housing Finance Agency (FHFA) released An Update on the Common Securitization Platfrom. The update details progress made in the development of a new infrastructure for the securitization of single-family mortgages by Fannie Mae and Freddie Mac.
15 Sep 2015
Freddie Mac: Check Out New Helpful Tips on Our Investor Reporting Web Page
Freddie Mac issued a release announcing updates made to its Investor Reporting Web page.
15 Sep 2015
HUD Mortgagee Letter 2015-20: Revision of Notice to Occupants of Pending Acquisition (NOPA)
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-20. The letter provides a revised Sample Notice to Occupants of Pending Acquisition (NOPA) and to eliminate references to occupancy rights under the expired Protecting Tenants at Foreclosure Act (PTFA).
15 Sep 2015
MHA HAMP Reporting Update August 2015 UP Survey Now Available
Making Home Affordable (MHA) released a HAMP Reporting Update announcing the availability of the August 2015 UP Survey.
15 Sep 2015
Fannie Mae Standard Modification Interest Rate Adjustment
Fannie Mae issued a release providing notification of the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications.
9 Sep 2015
Fannie Mae SVC-2015-12 Servicing Guide Updates
Fannie Mae released an announcement outlining several updates to its Servicing Guide, including adjustments to Standard and Streamlined Modifications and updates to the Application of Borrower HAMP Incentives.
9 Sep 2015
FHLMC Guide Bulletin 2015-15 Increasing Modification Eligibility and More
Freddie Mac issued a release announcing updates to borrower eligibility for modifications and requirements related to Freddie Mac Default Legal Matters.
9 Sep 2015
Fannie Mae: SMDU: A Helping Hand for Borrowers and Servicers
The Housing Industry Forum released an article discussing the benefits of the Servicing Management Default Underwriter (SMDU).
8 Sep 2015