Archives For: Featured Resources
Fannie Mae: SVC-2019-05: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide that simplifies its escrow waiver policy, clarifies requirements for compliance with Office of Foreign Assets Control (OFAC) regulations, and more.
10 Jul 2019
Freddie Mac: FHLMC Guide Bulletin 2019-16: Selling Updates
Freddie Mac issued a release containing a simplification of its age of documentation requirements for disasters.
10 Jul 2019
HUD: FHA INFO #19-34: Single Family Housing Policy Handbook 4000.1 Updated
The U.S. Department of Housing and Urban Development (HUD) announced updates to Single Family Housing Policy Handbook 4000.1.
10 Jul 2019
FEMA Declared Disaster Oregon
FEMA issued a Presidential Major Disaster Declaration for areas in Oregon affected by severe storms, flooding, landslides and mudslides that took place April 6-21, 2019.
9 Jul 2019
Fannie Mae: Modification Interest Rate Adjustment Update
Fannie Mae issued an exhibit providing the current Modification Interest Rate used to evaluate borrowers for conventional mortgage loan modifications.
8 Jul 2019
FEMA Declared Disaster Arkansas
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Arkansas affected by severe storms and flooding that took place May 21 to June 14, 2019.
3 Jul 2019
Fannie Mae: Clarification to Servicer Attorney Fees and Property Preservation Approvals
Fannie Mae has updated its Servicer Expense Reimbursement Job Aid to clarify attorney fees and property preservation approvals. Investor Pre-Approval (IPA) increases the published allowable for attorney fees, and cost and property preservation pre-approval replaces the published allowable fee.
1 Jul 2019
Auction.com: Western U.S. Could See Foreclosure Increase
Auction.com published its 2019 Disposition Client Summit Survey Report. According to its findings, western region U.S. markets are at risk for the highest amount of foreclosure activity in the second half of the year.
1 Jul 2019
Mortgage Industry Calls for Servicing Regulation Uniformity in New York
National Mortgage News published an article discussing a joint letter from the MBA and NYBA that highlights discrepancies in the New York Department of Financial Services’ suggested changes to 3 NYCRR 419. The regulation covers business conduct rules for servicing mortgage loans.
1 Jul 2019
MHA HAMP Update: Independence Day Holiday Support and System Availability
Making Home Affordable (MHA) issued a release outlining system availability during the Independence Day holiday.
27 Jun 2019