Archives For: Featured Resources
HUD: FHA INFO #20-68: Pre-Recorded Servicing and Loss Mitigation Webinar
The U.S. Department of Housing and Urban Development (HUD) announced that the pre-recorded Servicing and Loss Mitigation for FHA-Insured Mortgages in Presidentially-Declared Major Disaster Areas webinar has been posted on the Single Family Housing Archived Webinars page, and is now available for viewing.
18 Sep 2020
HUD: Disaster Assistance for Victims of Oregon Wildfires
The U.S. Department of Veterans Affairs (VA) announced federal disaster assistance for the State of Oregon to provide support to homeowners and low-income renters displaced from their homes in areas affected by wildfires and straight-line winds.
17 Sep 2020
Fannie Mae: Reminder of Assistance Options for Borrowers Affected by Hurricane Sally and West Coast Wildfires
Fannie Mae issued a release reminding those impacted by Hurricane Sally and the West Coast Wildfires of disaster relief options.
16 Sep 2020
Freddie Mac Confirms Disaster Relief Policies for Homeowners Affected by Hurricane Sally and Wildfires
Freddie Mac issued a release reminding mortgage servicers of its disaster relief policies for homeowners amid Hurricane Sally and the ongoing wildfires threatening California and the Western states.
16 Sep 2020
HUD: FHA INFO #20-67: HERMIT System Update
The U.S. Department of Housing and Urban Development (HUD) announced updates to the Home Equity Reverse Mortgage Information Technology (HERMIT) system’s file format and layout.
16 Sep 2020
FHFA: Statement of Director Mark Calabria
The Federal Housing Finance Agency (FHFA) issued the statement of Director Mark A. Calabria before the U.S. House of Representatives Committee on Financial Services.
16 Sep 2020
VA: Circular 26-20-25: Impact of CARES Act Forbearance on VA Purchase and Refinance Transactions
The U.S. Department of Veterans Affairs (VA) issued a circular clarifying that periods of forbearance under the CARES Act cannot count toward loan seasoning requirements for both Interest Rate Reduction Refinancing Loans (IRRRLs) and cash-out refinancing loans made to refinance a VA-guaranteed loan.
15 Sep 2020
VA: Circular 26-20-33: Deferment as a COVID-19 Loss Mitigation Option for CARES Act Forbearance Cases
The VA issued a circular composed to clarify whether, due to the impact of Coronavirus Disease 2019 (COVID-19), servicers may offer deferment as a COVID-19 loss mitigation option.
14 Sep 2020
FEMA Declared Disaster Louisiana
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Louisiana affected by Hurricane Laura from August 22-27, 2020.
12 Sep 2020
Hurricane-Force Derecho Blows Across Midwest
FEMA issued a Presidential Major Disaster Declaration for the Sac & Fox Tribe of the Mississippi (Iowa) as a result of a derecho that took place on August 10, 2020.
10 Sep 2020