Archives For: Featured Resources
Freddie Mac: FHLMC Guide Bulletin 2020-39: Servicing Updates
Freddie Mac announced updates to electronic payment deferral agreements, transfers of ownership, escrow requirements, eligible disaster requirements and more.
14 Oct 2020
Freddie Mac: Disaster Relief Options for Homeowners as Hurricane Delta Nears
Freddie Mac issued a release reminding mortgage servicers of its disaster relief policies for homeowners as Hurricane Delta approaches.
8 Oct 2020
Fannie Mae: Assistance Options for Those Affected by Hurricane Delta
Fannie Mae issued a release reminding homeowners and mortgage servicers of assistance options for those affected by Hurricane Delta.
8 Oct 2020
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