Archives For: Featured Resources
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing updates to Servicer Handbook M26-4. Included is the removal of Appendix H: Property Preservation Requirements and Fees. Information previously contained in the appendix has been transferred to Appendix G. Policy in Appendix G also has been updated to allow winterization advances all year in states where the advance is payable.
1 Apr 2019
Judicial Foreclosure Proposed in New Hampshire
HB 270 (relative to commencement of foreclosure by civil action) passed the New Hampshire House of Representatives in March and currently is making its way through the Senate. If enacted, the bill would require that mortgage foreclosures be commenced by civil actions brought in superior court and would modify the period redemption for a mortgage.
1 Apr 2019
Freddie Mac: New eMortgage Resources
Freddie Mac issued a release announcing new eMortgage resources designed to provide clarity on how digital mortgages provide a streamlined and more efficient home financing experience for sellers, servicers and borrowers.
1 Apr 2019
OCC: Maryann Kennedy Named Senior Deputy Comptroller for Large Bank Supervision
The Office of the Comptroller of the Currency (OCC) issued a news release confirming Maryann Kennedy as its next senior deputy comptroller for large bank supervision.
1 Apr 2019
FEMA Declared Disaster Texas
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Texas affected by severe storms and flooding that took place September 2 to November 2, 2018.
30 Mar 2019
VA: Circular 26-19-10: Special Relief Following Iowa Severe Storms and Flooding
The U.S. Department of Veterans Affairs (VA) issued a circular that expresses concern about VA home loan borrowers affected by severe storms and flooding in Iowa and describes measures mortgagees may employ to provide relief.
29 Mar 2019
FEMA Declared Disaster Cahuilla Band of Indians
FEMA issued a Presidential Major Disaster Declaration for the Cahuilla Band of Indians (California) as a result of severe storms and flooding that took place on February 14, 2019.
28 Mar 2019
Freddie Mac: Disaster Relief Policies for Homeowners Affected by Spring Flooding
Freddie Mac issued a news release reminding mortgage servicers of its disaster relief policies for borrowers affected by flooding in the Midwest.
27 Mar 2019
Fannie Mae: Missouri River Flooding Mortgage Assistance Options
Fannie Mae issued a news release reminding homeowners and servicers impacted by flooding across the Missouri River Basin of available mortgage assistance options.
27 Mar 2019
HUD: FHA INFO #19-09: Single Family Housing Policy Handbook 4.0001 Versions 5.0 and 5.5 Updated
The U.S. Department of Housing and Urban Development (HUD) announced updates to versions 5.0 and 5.5 of Single Family Housing Policy Handbook 4000.1.
27 Mar 2019