Archives For: Featured Resources

FEMA Declared Disaster South Dakota

FEMA issued updates to a Presidential Major Disaster Declaration for areas in South Dakota affected by severe storms, tornadoes and flooding that took place September 9-26, 2019.

8 Jan 2020

FEMA Declared Disaster Mississippi

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi affected by a severe storm, straight-line winds and flooding that took place October 26, 2019.

8 Jan 2020

OCC: Annual Report 2019

The Office of the Comptroller of the Currency (OCC) recently issued its 2019 Annual Report, which provides Congress with an overview of the condition of the federal banking system and details agency strategic priorities.

7 Jan 2020

OCC: Central District Comptroller Selected

On January 6, the Office of the Comptroller of the Currency (OCC) announced Brian James as deputy comptroller for the Central District.`

6 Jan 2020

HUD: 2019 Year in Review

The U.S. Department of Housing and Urban Development (HUD) released its 2019 year in review outlining the major accomplishments of the agency under Secretary Ben Carson.

2 Jan 2020

USDA: Final Rule: Loss Claim and Loss Mitigation

The U.S. Department of Agriculture (USDA) announced that a previously proposed rule designed to 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 has been published in the Federal Register. The rule will become effective on April 24, 2020.

26 Dec 2019

New York Foreclosure Protection Law Signed by Governor

New York Governor Andrew Cuomo signed A.5619/S.5160 (An Act to amend the real property actions and proceedings law, in relation to the failure to raise the defense of lack of standing in a mortgage foreclosure action). The legislation amends Article 13 of the Real Property Actions and Proceedings Law to protect foreclosure court defendants by allowing more leeway to raise the defense of “standing”. 

23 Dec 2019

Freddie Mac: Taxpayer First Act and Use of Tax Return Information

Freddie Mac issued a release highlighting information made available by the Internal Revenue Service (IRS) that helps clarify the application of Section 2202 of the Taxpayer First Act.

20 Dec 2019

Fannie Mae: Selling and Servicing Notice

Fannie Mae confirmed an Internal Revenue Service (IRS) post clarifying that Section 2202 of the Taxpayer First Act is effective only for disclosures made by the IRS with the taxpayer’s consent after Dec. 28, 2019, and any subsequent redisclosures and uses of such information.

19 Dec 2019

FEMA Declared Disaster New York

FEMA issued a Presidential Major Disaster Declaration for areas in New York affected by severe storms, straight-line winds and flooding that took place October 31 to November 1, 2019.

19 Dec 2019

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