Archives For: Featured Resources
HUD: FHA INFO #20-73: Temporary Policy to Waive Requirements for “Interior” Photographs in Presidentially-Declared Major Disaster Areas
The Federal Housing Administration (FHA) published a temporary policy waiver to its Single Family Housing Policy Handbook 4000.1 requirements that suspends the standard inspection requirement for “interior” photographs of property in designated Presidentially-Declared Major Disaster Areas.
6 Oct 2020
FEMA Declared Disaster Iowa
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Iowa affected by severe storms that took place on August 10, 2020.
5 Oct 2020
FEMA Declared Disaster North Dakota
FEMA issued a Presidential Major Disaster Declaration for areas in North Dakota affected by severe storms and flooding that took place June 29 to July 1, 2020.
2 Oct 2020
Fannie Mae: Texas AAA Matrix Update
Fannie Mae announced that Investor Pre-Approval is no longer required for services rendered on or after Oct. 1, 2020, for claims associated with a home equity judicial foreclosure in Texas.
30 Sep 2020
HUD: FHA INFO #20-71: FHA Catalyst: Claims Module Now Includes Reacquisition Claims Submission Functionality
The U.S. Department of Housing and Urban Development (HUD) issued a release announcing a new submission method through FHA Catalyst for reacquisition claims by mortgagees.
28 Sep 2020
California Law to Prevent Bulk Foreclosed Property Sales
California Governor signed SB 1079 (Residential property: foreclosure) into law. Taking effect on January 1, 2021, the law will prohibit bulk sales of foreclosed properties (one to four units).
28 Sep 2020
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a release containing updates relevant to servicers. Included is the availability of a new report providing all Reasons for Default (RFD) if an Electronic Default Notice has been reported.
24 Sep 2020
FHFA: Foreclosure Prevention Report – Second Quarter 2020
The Federal Housing Finance Agency (FHFA) issued its second quarter 2020 Foreclosure Prevention and Refinance Report.
24 Sep 2020
Beta’s Remnants Spreading Heavy Rain Across Southeast
The Weather Channel published a report offering the latest updates on Tropical Storm Beta, which has become a post-tropical system and is spreading heavy rain across the Southeast U.S.
23 Sep 2020
FHFA: Input on Strategic Plan For Fiscal Years 2021-2024 Request
The FHFA issued a request for input on its Strategic Plan: Fiscal Years 2021-2024, which establishes new goals that are necessary for FHFA to fulfill its statutory duties, including responsibly ending the conservatorships of Fannie Mae and Freddie Mac.
22 Sep 2020