Archives For: Featured Resources
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
HUD: FHA INFO #20-16: Coronavirus Information Available
On March 3, the U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-16.
3 Mar 2020
OCC: Protecting Tenants at Foreclosure Act: Revised Comptroller’s Handbook Booklet
The Office of the Comptroller of the Currency (OCC) issued a revised version of its Protecting Tenants at Foreclosure Act booklet (part of the Comptroller’s Handbook). This booklet provides information and procedures for examiners in connection with the foreclosure activities and related consumer protections covered under the Protecting Tenants at Foreclosure Act of 2009.
2 Mar 2020
Michigan Governor Approves Delinquent Property Tax Payment Law
Michigan Governor Gretchen Whitmer signed HB 5124. The bill will work to reduce the redemption amount for delinquent property taxes under certain circumstances in an effort to lower the amount of related foreclosures.
2 Mar 2020
New York Blizzard Covers Homes in Ice
FOX News issued a report outlining winter storm activity that has encased upstate New York homes located near Lake Erie in ice.
1 Mar 2020
Vacant “Zombie” Foreclosures Increase to 3.1 Percent Nationwide
ATTOM Data Solutions recently issued its Q1 2020 Vacant Property and Zombie Foreclosure Report. According to its findings, 1.5 percent of single-family homes and condos in the U.S. are vacant.
27 Feb 2020
Auction.com: 2020 Default Servicing Industry Insights
Auction.com recently announced results from its 2020 Default Servicing Insights report. The results are based on a survey of more than 40 of the nation’s largest bank and non-bank default servicing clients along with representatives from government agencies involved in the servicing and disposition of distressed properties.
26 Feb 2020
Strong Winter Storm Moving Across Country
ABC News issued a report offering the latest on strong winter storm that is expected to bring substantial snow accumulations to multiple states.
25 Feb 2020