Archives For: Featured Resources
VA Circular 26-19-17: Funding Fee Guidance to Lenders and Servicers
The U.S. Department of Veterans Affairs (VA) issued an amendment to a circular that supplements the VA Lenders Handbook, Chapter 8, Topic 8, The VA Funding Fee, and updates Chapter 6, Refinancing, concerning Interest Rate Reduction Refinancing Loans (IRRRLs).
22 May 2020
Michigan Dam Failure Results in Catastrophic Flooding
FEMA issued an Emergency Declaration for areas in Michigan affected by severe storms and flooding beginning on May 16, 2020 and continuing.
21 May 2020
OCC: Comptroller of the Currency Joseph Otting to Step Down
Comptroller of the Currency Joseph M. Otting has announced that he will step down from office on May 29. Pursuant to 12 USC 4 (as designated by Secretary of the Treasury Steven T. Mnuchin), First Deputy and Chief Operating Officer Brian P. Brooks will become acting comptroller of the currency.
21 May 2020
FHFA: Mortgage Analytics Platform (Version 2.0)
The Federal Housing Finance Agency (FHFA) published a white paper updated to include two major changes to its Mortgage Analytics Platform.
21 May 2020
Florida Wildfire Burned Homes to Their Foundations
Naples Daily News published an article providing updates on the 36 Avenue SE Fire, which has destroyed 12 homes and 33 outbuildings in Collier County, Fla.
19 May 2020
Tropical Storm Arthur Spreads Rain, Wind into North Carolina
FOX News published an article outlining the impacts of Tropical Storm Arthur in North Carolina as well as its present location.
18 May 2020
Freddie Mac: An Evolving Experience in Servicing Gateway
Freddie Mac issued a release outlining upcoming changes to its Servicing Gateway platform scheduled to become effective on May 25, 2020.
18 May 2020
FHFA: Foreclosure Prevention Report – February 2020
The Federal Housing Finance Agency (FHFA) issued its February 2020 Foreclosure Prevention, Refinance and FPM Report.
14 May 2020
FEMA Declared Disaster South Carolina
FEMA issued an update Presidential Major Disaster Declaration for areas in South Carolina affected by severe storms, tornadoes and straight-line winds that took place April 12-13, 2020.
12 May 2020
HUD: Ben Carson Congratulates Brian Montgomery on Deputy Secretary Confirmation
HUD Secretary Ben Carson applauded the confirmation of Brian D. Montgomery to serve as department deputy secretary. As the second most senior official at HUD, Mr. Montgomery will manage the day-to-day operations of the agency and will advise and assist the secretary in leading the department’s nearly 8,000 employees.
12 May 2020