Archives For: Featured Resources
FHFA: Foreclosure and REO Eviction Moratorium Extension
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until at least January 31, 2021.
2 Dec 2020
Mudslide Destroys Homes, Damages Infrastructure in Southeast Alaska
USA Today published a report detailing severe weather activity in portions of Alaska that has caused destructive mudslides.
2 Dec 2020
Winter Storm Bringing Wind-Driven Snow to Eastern Great Lakes, Appalachians
The Weather Channel issued a report outlining winter storm activity that has spread heavy snow/rain across multiple U.S. states.
30 Nov 2020
CFPB: Advisory Opinions Policy Finalized
The Consumer Financial Protection Bureau (CFPB) issued its final Advisory Opinions Policy to publicly address regulatory uncertainty in its existing regulations and provide guidance to entities on outstanding regulatory uncertainty.
30 Nov 2020
CFPB: Executive Team Additions Announced
The CFPB announced several leadership position additions, including a new chief operating officer and chief information officer.
30 Nov 2020
HUD: FHA INFO #20-88: Extension of Temporary Guidance on the Endorsement of Mortgages Under Forbearance
HUD extended the period for mortgage forbearance provisions provided under the CARES Act. The extension allows mortgages to be endorsed for insurance when a borrower, after closing, has requested a forbearance due to the COVID-19 National Emergency.
27 Nov 2020
FEMA Declared Disaster California
FEMA issued an update to a Presidential Major Disaster Declaration for areas in California affected by wildfires from September 4 to November 17, 2020.
25 Nov 2020
HUD: FHA INFO #20-87: Private Flood Insurance Proposed Rule in Federal Register
HUD published a proposed rule in the Federal Register (Acceptance of Private Flood Insurance for Federal Housing Administration-Insured Mortgages). The previously announced rule will provide the option for private flood insurance on FHA-insured single family mortgaged properties located in special flood hazard areas.
23 Nov 2020
HUD: FHA INFO #20-86: FHA Catalyst: Claims Module – Expanded Functionality
The U.S. Department of Housing and Urban Development (HUD) announced expanded capabilities within FHA Catalyst, providing mortgagees with new claim functionality through the platform.
19 Nov 2020
HUD: FHA INFO #20-85: Updates to FHA Single Family Housing Policy Handbook 4000.1
The U.S. Department of Housing and Urban Development (HUD) published an update to Single Family Housing Policy Handbook 4000.1. Included are revisions and additional clarifications to various FHA policies and programs since its last update on January 2, 2020, as well as the incorporation of changes previously announced in the Mortgagee Letters included in the Handbook Transmittal, which can be found on www.hud.gov.
18 Nov 2020