Archives For: Investor and Regulatory Updates
FHA: HECM Reasonable Diligence Timeframe Extensions
On April 30, the Federal Housing Administration (FHA) issued a memo announcing the immediate rescinding of Mortgage Letter 2015-03 (option of delayed foreclosure proceedings for non-borrowing spouses.)
5 May 2015
FHA Extends Effective Date of Single Family Housing Policy Handbook
On April 30, the Federal Housing Administration (FHA) released a statement from Deputy Assistant Secretary for Single Family Housing Kathleen Zadareky announcing the extension of the effective date of the Single Family Housing Policy Handbook to September 14, 2015.
1 May 2015
FHA Publishes Responses to Comments on Rule Delaying Foreclosure on Non-Borrowing Spouses
On April 30, DS News published an article discussing the Federal Housing Administration’s (FHA) response in the Federal Register to comments pertaining to the Mortgagee Optional Election Assignment for certain Home Equity Conversion Mortgages (HECMs).
1 May 2015
Freddie Mac: Stay Vigilant About Fraud as the Housing Market Springs Forward
On April 30, Freddie Mac issued a release encouraging sellers and servicers to continue watching out for fraud within the mortgage industry.
1 May 2015
MHA HAMP Reporting Update September 2015 HAMP Reporting Tool Release Preview
On April 30, Making Home Affordable (MHA) released a HAMP Reporting Update, subtitled September 2015 HAMP Reporting Tool Release Preview.
1 May 2015
FHFA Announces Results of Fannie Mae and Freddie Mac Dodd-Frank Stress Tests
On April 30, the Federal Housing Finance Agency (FHFA) issued a news release announcing the results of annual stress trests Fannie Mae and Freddie Mac are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
30 Apr 2015
MHA HAMP Reporting Update HMPadmin.com Weekend Availability
On April 27, Making Home Affordable (MHA) released a HAMP Reporting Update, subtitled HMPadmin.com Weekend Availability.
30 Apr 2015
Freddie Mac: Revised Requirements for Private Mortgage Insurance Companies Released
On April 17, Freddie Mac issued a release titled Revised Requirements for Private Mortgage Insurance Companies Released.
27 Apr 2015
Freddie Mac: Updates to Compensatory Fee Processes
On April 27, Freddie Mac issued a release titled Updates to Compensatory Fee Processes.
27 Apr 2015
HUD Announces Changes to Distressed Asset Stabilization Program
On April 24, the U.S. Department of Housing and Urban Development (HUD) published a press release titled HUD Announces Changes to Distressed Asset Stabilization Program.
27 Apr 2015