Archives For: Featured Resources
Freddie Mac: Important Seller/Servicer Information on Potential Impacts of COVID-19
Freddie Mac issued a release reminding sellers/servicers of certain requirements amid recent reports of the possible spread of Coronavirus COVID-19.
10 Mar 2020
San Jose Moves Forward with Moratorium on Evictions
The Mercury News published an article outlining a decision by San Jose, Calif., officials to begin a temporary moratorium on the evictions of tenants facing significant financial burdens due to the Coronavirus COVID-19 global pandemic.
10 Mar 2020
5.8 Magnitude Earthquake Strikes Off Northern California Coast
NBC issued a report outlining earthquake activity that occurred off the coast of Northern California. At this time, there have not been reports of damage.
9 Mar 2020
HUD: FHA INFO #20-18: Loss Mitigation Home Retention Options for Assisting Borrowers
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-18.
9 Mar 2020
Federal Reserve: COVID-19 Joint Press Release
The Federal Reserve issued a joint press release with federal institution regulators encouraging financial institutions to meet needs of customers affected by coronavirus.
9 Mar 2020
OCC: Pandemic Planning: Updated FFIEC Guidance
The Office of the Comptroller of the Currency (OCC), along with other members of the Federal Financial Institutions Examination Council (FFIEC), issued updated guidance to remind financial institutions that their business continuity plans should address the threat of a pandemic outbreak and its potential impact on the delivery of critical financial services.
6 Mar 2020
CFPB: Key Steps Taken to Prevent Consumer Harm; Whistleblower Award Program Proposed, Other Measures
The Consumer Financial Protection Bureau (CFPB) announced three steps to advance its strategy on one of its key priorities: preventing consumer harm.
6 Mar 2020
Tennessee Tornado Activity Causes Immense Destruction
FEMA issued a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms, tornadoes, straight-line winds and flooding that took place March 3, 2020.
5 Mar 2020
MHA: HAMP Update: Revised Official Monthly Reporting – OMR Job Aid Posted
Making Home Affordable (MHA) announced the availability of an updated version of its Official Monthly Reporting (OMR) Job Aid on HMPadmin.com.
5 Mar 2020
Fannie Mae: Reminder of Servicing Policy to Assist Borrowers Impacted by Coronavirus
Fannie Mae issued a reminder to servicers that forbearance is an option (in accordance with existing policies) to assist borrowers impacted by a temporary hardship.
5 Mar 2020