Archives For: Featured Resources
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
USDA: New COVID-19 Special Relief Measures and Servicing Guidance
The U.S. Department of Agriculture (USDA) provided advance notice of technical Handbook 1-3555 updates. Included are new COVID-19 Special Relief Alternatives and clarification on existing policies.
23 Jul 2021
HUD: FHA INFO #21-61: COVID-19 Recovery Loss Mitigation Options
The Federal Housing Administration (FHA) published Mortgagee Letter 2021-18 (COVID-19 Recovery Loss Mitigation Options), which announces streamlined loss mitigation options to help homeowners who have been financially impacted by the COVID-19 pandemic remain in their homes.
23 Jul 2021
VA: Circular 26-21-13: COVID-19 Home Retention Waterfall
The U.S. Department of Veterans Affairs (VA) issued a circular providing its waterfall of home retention options for helping borrowers affected financially by the COVID-19 pandemic. It also announced the COVID-19 Refund Modification (loan modification specific to borrowers needing payment reductions when exiting COVID-19 forbearance).
23 Jul 2021
ATTOM: East Coast States Most at Risk for Housing Impacts
ATTOM Data issued its second quarter 2021 Coronavirus Report. According to its findings, East Coast states are more vulnerable to the COVID-19 pandemic’s economic impact.
22 Jul 2021
Bootleg Fire in Oregon Expands to Almost 400,000 Acres
AccuWeather published a report offering the latest on the Bootleg Fire, which continues to aggressively expand across southern Oregon.
21 Jul 2021
HUD: FHA INFO #21-59: New Handbook 4000.1 Update
The Federal Housing Administration (FHA) published a new update to Single Family Housing Policy Handbook 4000.1. The updates include enhancements and revisions to existing guidance as well as various other technical edits.
20 Jul 2021