Archives For: Featured Resources
Freddie Mac: FHLMC Guide Bulletin 2019-19: Introducing Servicing Gateway
Freddie Mac issued a release announcing a new platform designed to offer an efficient and simplified way to access most of their servicing tools.
18 Sep 2019
Dispose Distress Early to Minimize Loss Severity
HousingWire published an article authored by Auction.com Vice President of Economics Daren Blomquist. In it, Blomquist discusses a recent study conducted by Fannie Mae and researchers from Marquette University and the University of Wisconsin Stout that has found that loss severity on nonperforming loans is lower when properties are disposed of early (before a lender takes ownership).
17 Sep 2019
Potential Tropical Storm Moving Toward Florida
The Orlando Sentinel published a report offering the latest forecast information for Tropical Storm Humberto.
14 Sep 2019
FEMA Declared Disaster Arkansas
FEMA issued a Presidential Major Disaster Declaration for areas in Arkansas affected by severe storms, tornadoes, straight-line winds and flooding that took place June 23-24, 2019.
13 Sep 2019
Fannie Mae: SVC-2019-06: Servicing Guide Updates
Fannie Mae issued a release announcing several updates to its Servicing Guide. Included are changes to maximum allowable foreclosure and bankruptcy attorney fees.
11 Sep 2019
Twisters Damage South Dakota Homes
The Weather Channel issued a report outlining tornadic activity in Sioux Falls, S.D.
11 Sep 2019
Fannie Mae: AAA Matrix Updates
Fannie Mae announced updates to all AAA matrices per Servicing Guide Announcement SVC-2019-06.
11 Sep 2019
FHFA: Statement of Director Mark A. Calabria
the Federal Housing Finance Agency (FHFA) published the statement of Dr. Mark A. Calabria before the U.S. Senate Committee on Banking, Housing and Urban Affairs.
10 Sep 2019
CFPB: Policies to Facilitate Compliance and Promote Innovation Issued
The Consumer Financial Protection Bureau (CFPB) issued three new policies to promote innovation and facilitate compliance: the No-Action Letter (NAL) Policy, Trial Disclosure Program (TDP) Policy, and Compliance Assistance Sandbox (CAS) Policy.
10 Sep 2019
Kearns To Fight Proposed Zombie Property Plans
Spectrum News published a report discussing criticism of the City of Buffalo’s newly revised tax foreclosure process from Erie County, N.Y., Clerk Mickey Kearns.
10 Sep 2019