Archives For: Investor and Regulatory Updates
Fannie Mae: Servicing Notice
Fannie Mae announced that it would be assuming responsibility for the payment of all property taxes, ground rents, as well as fees and assessments invoiced by an HOA, condo association, or co-op corporation once a foreclosure sale or mortgage release occurs.
9 Oct 2019
Freddie Mac: FHLMC Guide Bulletin 2019-21: Updates to Servicing Gateway
Freddie Mac issued a release extending the implementation of Servicing Gateway to December 9, 2019. Additional servicing announcements also are announced.
9 Oct 2019
VA: Circular 26-19-27: Special Relief Following Hurricane Dorian
The U.S. Department of Veterans Affairs (VA) issued a release that expresses concern about VA home loan borrowers affected by Hurricane Dorian, and describes measures mortgagees may employ to provide relief.
8 Oct 2019
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a release outlining an upcoming system deployment scheduled to begin on Friday, September 27, 2019.
26 Sep 2019
VA: Circular 26-19-24: Servicer Loss Mitigation Letters on Delinquent Loans
The U.S. Department of Veterans Affairs (VA) issued Circular 26-19-24 – Change 2.
25 Sep 2019
HUD: FHA INFO #19-48: HECM Policy Updates
On September 23, the U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #19-48.
23 Sep 2019
FHFA: End of Mortgage Servicing Rights Financing Pilot Program Announced
The Federal Housing Finance Agency (FHFA) announced the end of the Mortgage Servicing Rights (MSR) financing pilot program for Fannie Mae and Freddie Mac.
18 Sep 2019
Freddie Mac: FHLMC Guide Bulletin 2019-19: Introducing Servicing Gateway
Freddie Mac issued a release announcing a new platform designed to offer an efficient and simplified way to access most of their servicing tools.
18 Sep 2019
Fannie Mae: SVC-2019-06: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide. Included are changes to maximum allowable foreclosure and bankruptcy attorney fees.
11 Sep 2019
Fannie Mae: AAA Matrix Updates
Fannie Mae announced updates to all AAA matrices per Servicing Guide Announcement SVC-2019-06.
11 Sep 2019