Archives For: Featured Resources
USDA: Extension of a COVID-19 Foreclosure Related Eviction Moratorium
The U.S. Department of Agriculture (USDA) announced an extension of its moratorium on evictions through September 30, 2021, for Single Family Housing Guaranteed Loan Program borrowers. The foreclosure moratorium remains unchanged and will expire on July 31, 2021.
30 Jul 2021
VA: Circular 26-21-14: Eviction Relief for Borrowers Affected by COVID-19
The U.S. Department of Veterans Affairs (VA) announced that through September 30, 2021, foreclosure-related evictions are not to be initiated or completed on properties previously secured by VA-guaranteed loans (including properties in the VA’s Real Estate Owned portfolio). This moratorium does not apply to vacant or abandoned properties.
30 Jul 2021
FHFA: Apply for Emergency Rental Assistance Before Evicting Tenants
The Federal Housing Finance Agency (FHFA) announced that it is encouraging landlords of properties backed by Fannie Mae or Freddie Mac to apply for Emergency Rental Assistance before starting the process of evicting a tenant for non-payment of rent.
30 Jul 2021
FHFA: Phyllis K. Fong Named Acting Inspector General
The Federal Housing Finance Agency (FHFA) announced that Phyllis K. Fong will be its acting inspector general (IG). Fong will continue to serve as the IG for the U.S. Department of Agriculture (USDA) while fulfilling her new role.
30 Jul 2021
Alaskan Coast 8.2 Magnitude Earthquake Strongest One in Decades
CNN issued a report detailing earthquake activity that occurred approximately 56 miles east/southeast of Perryville, Ala.
29 Jul 2021
Storms, Possible Tornadoes Damage Buildings, Knock Out Power
The Weather Channel issued a report outlining severe thunderstorm activity that caused damage in the Great Lakes region.
29 Jul 2021
Fannie Mae: Lender Letter LL-2021-12: Investor Reporting Changes
Fannie Mae announced updates to its Master Servicing Simplification page to help servicers prepare for changes recently announced in Lender Letter LL-2021-12 (Advance Notice of Changes to Investor Reporting Processes and Systems).
28 Jul 2021
FHFA: Multifamily Tenant Protections Announced
On July 28, the Federal Housing Finance Agency (FHFA) announced that tenants of multifamily properties with mortgages backed by Fannie Mae or Freddie Mac who are subject to eviction for nonpayment of rent must be given 30 days’ notice to vacate before the tenant can be required to leave the unit.
28 Jul 2021
CFPB: Tool to Help Renters and Landlords Access Federal Assistance
The Consumer Financial Protection Bureau (CFPB) released an online tool to help renters and landlords impacted by the pandemic easily find and apply for payment assistance for rent, utilities and other expenses.
28 Jul 2021
Tamarack Fire Burns Several Homes in Alpine County, Calif.
KCRA NBC 3 issued a report offering the latest on the Tamarack Fire, which has spread from Alpine County, Calif., into Douglas County, Nev.
27 Jul 2021