Archives For: Investor and Regulatory Updates
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release outlining scheduled system maintenance and Development Updates.
25 Jan 2019
Foreclosure Prevention Report – October 2018
The Federal Housing Finance Agency (FHFA) issued its October 2018 Foreclosure Prevention Report.
22 Jan 2019
Fannie Mae: Enhancements Reduce Manual Work on FHA Loan Payoffs
Fannie Mae announced that beginning January 27, 2019, servicers will no longer be required to contact Fannie Mae Investor Reporting analysts to request shortage surplus adjustments for Actual/Actual Federal Housing Administration (FHA) loan payoffs.
16 Jan 2019
FHFA: Refinance Report – November 2018
The Federal Housing Finance Agency (FHFA) issued its November 2018 Refinance Report.
15 Jan 2019
Freddie Mac: FHLMC Guide Bulletin 2019-2: Credit Reporting Guidance Related to the Federal Government Shutdown
Freddie Mac issued a release providing temporary guidance to help servicers and sellers assist borrowers impacted by the federal government shutdown.
11 Jan 2019
Fannie Mae: Lender Letter LL-2019-01: Impact of Federal Government Shutdown (Servicing)
Fannie Mae issued a release clarifying expectations and requirements with respect to credit reporting regarding mortgage loans made to government employees and other workers impacted by the federal government shutdown.
11 Jan 2019
CFPB: Reports on the Ability to Repay and Qualified Mortgage Rule and the RESPA Mortgage Servicing Rule
The Consumer Financial Protection Bureau (CFPB) posted a blog announcing the availability of two reports assessing significant bureau rules.
11 Jan 2019
HUD: Specific Program Shutdown Questions and Answers
The U.S. Department of Housing and Urban Development (HUD) issued guidelines for lenders and servicers during the ongoing federal government shutdown.
11 Jan 2019
Fannie Mae: Sellers/Servicers Must Submit Annual Certifications
Fannie Mae advised that sellers/servicers with a December 31 fiscal year end must submit their annual certification and audited financial statements by March 31.
9 Jan 2019
VA: Circular 26-19-1: Special Relief Following the Federal Government Shutdown
The U.S. Department of Veterans Affairs (VA) issued a release that expresses concern about VA home loan borrowers affected by the federal government shutdown and describes measures mortgagees may employ to provide relief.
8 Jan 2019