Archives For: Featured Resources

Pottstown Land Bank Getting Underway

The Mercury published an article highlighting the finalization of a land bank in Pottstown, Penn.

7 Mar 2019

Land Bank Will No Longer Oversee Beleaguered Detroit Demo Program

The Detroit Free Press published an article discussing a decision that will see property demolitions in Detroit being fully administered by the City at the end of 2019.

7 Mar 2019

Foreclosure Bill Prefiled in Oklahoma

Senate Bill 123 (Mortgages; modifying period of time mortgagor has to cure breach or default. Effective date.) had a second reading and was referred to the Judiciary on February 5, 2019.

6 Mar 2019

HUD: Disaster Assistance for Alabama Tornado Victims

The U.S. Department of Housing and Urban Development (HUD) announced that it will provide mortgage relief and other support to homeowners and low-income renters forced from their homes in Lee County, Ala.

6 Mar 2019

Tornadoes Blow Through Southeast

USA Today issued a report outlining extensive tornadic activity across the Southeast U.S.

5 Mar 2019

FEMA Declared Disaster Alabama

FEMA issued a Presidential Major Disaster Declaration for areas in Alabama affected by severe storms, straight-line winds and tornadoes that took place March 3, 2019.

5 Mar 2019

Freddie Mac: Industry Letter Announces Updated Requirements Related to Single Security

Freddie Mac announced the publishing of an Industry Letter as a follow up to the final rule the Federal Housing Finance Agency (FHFA) adopted on February 28, 2019, supporting the Single Security Initiative.

5 Mar 2019

Fannie Mae: Lender Letter LL-2019-03: Interest Rate Spread for Fixed-Rate MBS and Servicing Fee Requirements for Fixed-Rate Loans

Fannie Mae issued a release providing guidance on changes to the allowable interest rate spread in fixed-rate MBS and Uniform Mortgage-Backed Securities (UMBS™) and the maximum servicing fee permitted for fixed-rate loans.

5 Mar 2019

FEMA Declared Disaster Washington

FEMA issued a Presidential Major Disaster Declaration for areas in Washington affected by severe winter storms, straight-line winds, flooding, landslides, mudslides and a tornado that took place December 10-24, 2018.

4 Mar 2019

Freddie Mac: We’re Re-Imagining Servicing with a New Rewards Program, and More

Freddie Mac announced the launch of an initiative that aims to transform the servicing landscape through greater technology speed and efficiency, simplified processes and more.

4 Mar 2019

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