Archives For: Investor and Regulatory Updates
Fannie Mae: SVC-2019-02: Servicing Guide Updates
Fannie Mae issued a release providing expanded insurance loss proceeds requirements, clarified servicer responsibilities after a disaster event, updated foreclosure fees for certain states, and more.
10 Apr 2019
VA: Circular 26-19-11: Special Relief Following Floods in Nebraska
The U.S. Department of Veterans Affairs (VA) issued a circular that expresses concern about VA home loan borrowers affected by floods in Nebraska, and describes measures mortgagees may employ to provide relief.
8 Apr 2019
HUD: Disaster Assistance for Iowa Storm Victims
The U.S. Department of Housing and Urban Development (HUD) announced that it will speed federal disaster assistance to the state of Iowa and provide support to homeowners and low-income renters forced from their homes in areas affected by severe storms and flooding.
5 Apr 2019
HUD: Disaster Assistance for Nebraska Storm Victims
The U.S. Department of Housing and Urban Development (HUD) announced the approval of disaster assistance for the state of Nebraska and will provide support to homeowners and low-income renters forced from their homes in areas affected by severe winter storms, straight-line winds, and flooding.
5 Apr 2019
FHFA: Statement of Acting Director Joseph Otting
The Federal Housing Finance Agency (FHFA) issued a statement from Acting Director Joseph Otting in response to the U.S. Senate confirmation of Mark Calabria as director.
4 Apr 2019
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing updates to Servicer Handbook M26-4. Included is the removal of Appendix H: Property Preservation Requirements and Fees. Information previously contained in the appendix has been transferred to Appendix G. Policy in Appendix G also has been updated to allow winterization advances all year in states where the advance is payable.
1 Apr 2019
Freddie Mac: New eMortgage Resources
Freddie Mac issued a release announcing new eMortgage resources designed to provide clarity on how digital mortgages provide a streamlined and more efficient home financing experience for sellers, servicers and borrowers.
1 Apr 2019
OCC: Maryann Kennedy Named Senior Deputy Comptroller for Large Bank Supervision
The Office of the Comptroller of the Currency (OCC) issued a news release confirming Maryann Kennedy as its next senior deputy comptroller for large bank supervision.
1 Apr 2019
VA: Circular 26-19-10: Special Relief Following Iowa Severe Storms and Flooding
The U.S. Department of Veterans Affairs (VA) issued a circular that expresses concern about VA home loan borrowers affected by severe storms and flooding in Iowa and describes measures mortgagees may employ to provide relief.
29 Mar 2019
Freddie Mac: Disaster Relief Policies for Homeowners Affected by Spring Flooding
Freddie Mac issued a news release reminding mortgage servicers of its disaster relief policies for borrowers affected by flooding in the Midwest.
27 Mar 2019