Archives For: Featured Resources
USDA: Handbook Updates: Loss Claim and Loss Mitigation
The USDA published new 3555 Handbook chapters in response to a final rule (effective April 24) that will streamline the loss claim process for lenders who have acquired title to property through voluntary liquidation or foreclosure and better align loss mitigation policies with the mortgage industry.
27 Jan 2020
Houston Industrial Explosion Damages Nearby Homes
NBC News published a report outlining a Houston, Texas, industrial site explosion that has reportedly caused nearby home damage.
24 Jan 2020
CFPB: Policy Regarding Prohibition on Abusive Acts or Practices
The Consumer Financial Protection Bureau (CFPB) issued a policy statement providing a common-sense framework on how it intends to apply the “abusiveness” standard in supervision and enforcement matters.
24 Jan 2020
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued several updates relevant to servicers. Included is an announcement for upcoming scheduled system maintenance and the availability of new reviewable Bulk Upload Templates.
23 Jan 2020
FHA INFO #20-06: FHA Welcomes New Deputy Assistant Secretary for the Office of Single Family Housing
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-06.
22 Jan 2020
FHFA: New Hire Announcement
The Federal Housing Finance Agency (FHFA) announced the recent additions of Deputy Chief of Staff and Executive Secretary Kate Tyrrell and Senior Congressional Affairs Advisor George Brown.
21 Jan 2020
FEMA Declared Disaster Vermont
FEMA issued a Presidential Major Disaster Declaration for areas in Vermont affected by severe storms and flooding that took place October 1 to November 1, 2019.
17 Jan 2020
HUD: FHA INFO #20-05: Reminder – Guidance Regarding Presidentially-Declared Major Disaster Areas
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-05.
17 Jan 2020
MHA HAMP Update: Martin Luther King, Jr. Holiday Support and System Availability
Making Home Affordable (MHA) outlined system availablity for the Martin Luther King, Jr. holiday.
16 Jan 2020
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing important updates for servicers. Included is information relating to appeals, unassigned loans, consent judgement (Illinois) and more.
16 Jan 2020