Archives For: Featured Resources
HUD: FHA INFO #19-46: FHA Strengthens Permanent Disaster Loss Mitigation Options
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #19-46.
29 Aug 2019
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing a number of updates relevant to servicers. Included is a reminder when reporting the Electronic Default Notice (EDN) Event on loans less than 61 days delinquent and State Foreclosure Process matrix typographical error corrections.
27 Aug 2019
OCC Bulletin 2016-20: Flood Disaster Protection Act
The Office of the Comptroller of the Currency (OCC) issued a bulletin outlining revised interagency Flood Disaster Protection Act (FDPA) examination procedures that reflect private flood insurance requirements that became effective on July 1, 2019.
27 Aug 2019
FEMA Declared Disaster Missouri
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Missouri affected by severe storms, straight-line winds and flooding that took place March 11 to April 16, 2019.
16 Aug 2019
FEMA Declared Disaster Oklahoma
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Oklahoma affected by severe storms, tornadoes, straight-line winds and flooding that took place April 30 to May 1, 2019.
16 Aug 2019
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a VALERI Special Announcement announcing an additional extension for required servicer documentation relating to Adequacy of Servicing (AOS) processes.
16 Aug 2019
FEMA Declared Disaster New Hampshire
FEMA issued a Presidential Major Disaster Declaration for areas in New Hampshire affected by severe storms and flooding that took place July 11-12, 2019.
15 Aug 2019
FHFA: Fannie Mae and Freddie Mac Dodd-Frank Act Stress Test Results
The Federal Housing Finance Agency (FHFA) released a report providing results of the annual stress tests Fannie Mae and Freddie Mac are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
15 Aug 2019
FEMA Declared Disaster Kansas
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kansas affected by severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides that took place April 28 to July 12, 2019.
14 Aug 2019
Fannie Mae: Lender Letter LL-2019-07: Advance Notice of Principal and Interest Drafts for Scheduled/Scheduled and Scheduled/Actual Portfolio Mortgage Loans
Fannie Mae issued a release providing advance notification to servicers of changes that will simplify and streamline the cash remittance and reconciliation process.
14 Aug 2019