Archives For: Industry Alerts
Nevada Servicemember Foreclosure Bill Introduced in Senate
NV S.B. 33 has been amended, passed by the Senate and sent to the Assembly. If enacted, the bill will “prohibit the foreclosure of real property owned by certain military personnel or their dependents in certain circumstances”.
18 Apr 2017
Freddie Mac: Servicer Success Scorecard Training Course
Freddie Mac is offering a webinar for its servicers that will cover the all new 2017 Servicer Success Scorecard.
17 Apr 2017
USDA: REMINDER – TRAINING OPPORTUNITY – Loss Mitigation, Property Disposition and Loss Claim Training
On April 17, The U.S. Department of Agriculture (USDA) issued a reminder in regard to several upcoming training sessions for participating lenders.
17 Apr 2017
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing a VALERI Fee Cost Schedule update. The update reflects a new Ohio state law that bans the use of plywood for securing vacant and abandoned properties in expedited foreclosures.
17 Apr 2017
Albany, Dougherty Officials Consider Land Bank
The Albany Herald published an article discussing the possibility of the creation of a joint land bank between the City of Albany and Dougherty County, N.Y.
15 Apr 2017
NMSA Announces New Chairperson
MReport published an article discussing the appointment of BankUnited EVP of Mortgage Services Ray Barbone as the new chairperson of the National Mortgage Servicing Association (NMSA).
14 Apr 2017
MHA Supplemental Directive 17-01: Making Home Affordable Program – Non-Performing and Re-Performing Loan Sales of GSE HAMP Loans and Administrative Clarifications
Making Home Affordable (MHA) issued a release providing guidance to servicers regarding GSE HAMP Loans sold as part of either a non-performing (NPL) or re-performing (RPL) loan sale.
14 Apr 2017
FHFA February 2017 Refinance Report
The Federal Housing Finance Agency (FHFA) published its February 2017 Refinance Report.
13 Apr 2017
Fannie Mae: Announcement SVC-2017-03: Servicing Guide Updates
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers. Included are Servicing Guide changes that respond to industry feedback to increase the limits of property preservation repair descriptions and expenses to include clearboarding.
12 Apr 2017
FHFA: Foreclosure Prevention Report – January 2017
The Federal Housing Finance Administration (FHFA) published its January 2017 Foreclosure Prevention Report.
12 Apr 2017