Archives For: Featured Resources
NFIP Legislation Approved by House Financial Services Committee
Two proposed bills (H.R. 311 and H.R. 3167) that aim to reform the National Flood Insurance Program (NFIP) have been passed by the U.S. House Committee on Financial Services.
12 Jun 2019
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a release outlining system availability for the evening of June 11.
11 Jun 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.
7 Jun 2019
FEMA Declared Disaster Louisiana
FEMA issued a Presidential Major Disaster Declaration for areas in Louisiana affected by severe storms and tornadoes between April 24-25, 2019.
3 Jun 2019
Erie County Taking Steps to Identify Vacant Property Stakeholders
WKBW ABC 7 published an article discussing rising foreclosure rates in Erie County, N.Y., and steps officials have taken to combat the issue. Included is new initiative set to being June 1, 2019, that will align the county with the WNY Law Center to research banks/financial institutions responsible for the maintenance of vacant homes in foreclosure and take legal action on those not in compliance.
29 May 2019
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a release announcing that the new VA Loan Electronic Reporting Interface (VALERI) application has officially gone live.
28 May 2019
FHFA: Staff Appointment Announcement
The Federal Housing Finance Agency (FHFA) issued a news release announcing the addition of Sarah Dumont Merchak as the director of legislative affairs.
28 May 2019
Exercising Caution in Property Preservation
On May 27, DS News published an article authored by McCalla Raymer Leibert Pierce (MRLP) Managing Partner Marcos Posada. In it, Posada explores Illinois vacant property laws and provides insight into the importance for servicers to engage properties cautiously.
27 May 2019
FEMA Declared Disaster Montana
FEMA issued a Presidential Major Disaster Declaration for areas in Montana affected by flooding that took place March 20 to April 10, 2019.
24 May 2019
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a release providing information on pulling and saving several Servicer Operation reports prior to the transition into the new VA Loan Electronic Reporting Interface (VALERI) application scheduled for May 28, 2019.
21 May 2019