Archives For: Featured Resources
California Bill Aims to Fine Companies in Possession of Vacant Homes
California Senate Bill 1079 would allow jurisdictions (cities/counties) to impose fines on corporations owning multiple single-family homes that have been vacant for more than 90 days. It also would grant tenants the right of first refusal to purchase foreclosed properties. The legislation was introduced on February 19.
19 Feb 2020
Relentless Storms Roll Across Southern U.S.
WSFA NBC 12 issued a report outlining a statewide emergency declaration issued by Alabama Governor Kay Ivey in response to widespread flooding.
18 Feb 2020
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued several updates relevant to servicers. Included is the availability of special relief following earthquakes in Puerto Rico, information pertaining to property redemption procedures and instructions for HOA notices/utility bill document handling after conveyance.
14 Feb 2020
FHFA: Foreclosure Prevention Report – November 2019
The Federal Housing Finance Agency (FHFA) issued its November 2019 Foreclosure Prevention Report.
14 Feb 2020
FHA INFO #20-13: Training Opportunities
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-13.
14 Feb 2020
Freddie Mac: FHLMC Guide Bulletin 2020-02
Freddie Mac issued a release announcing servicing updates related to cooperative share loans and voluntary partial cancellations.
12 Feb 2020
Fannie Mae: SVC-2020-01: Servicing Guide Update
Fannie Mae announced updates relevant to servicers. Included are revisions to the foreclosure milestone schedule, the elimination of prorated foreclosure fee requirements, and clarification regarding delinquency exception reporting.
12 Feb 2020
MHA: Presidents’ Day Holiday Support and System Availability
Making Home Affordable (MHA) issued a release outlining system availability during the Presidents’ Day Holiday.
12 Feb 2020
Allegany County Land Bank Aims for Busy 2020
The Olean Times Herald published an article discussing upcoming initiatives slated for the Allegany County (NY) Land Bank Corporation.
11 Feb 2020
MBA: Mortgage Delinquencies Decrease in Fourth Quarter of 2019
The Mortgage Bankers Association (MBA) highlighted key findings from its fourth quarter 2019 National Delinquency Survey.
11 Feb 2020