Archives For: Featured Resources

Freddie Mac: Confirmation of Disaster Relief Policies as Hurricane Florence Approaches

Source: Freddie Mac MCLEAN, Va., Sept. 12, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today reminded Servicers of its disaster relief policies for borrowers who have been affected by Hurricane Florence. Freddie Mac’s disaster relief options are available to borrowers whose homes or places of employment are located in presidentially-declared Major Disaster Areas where federal individual assistance […]

12 Sep 2018

Fannie Mae: Reminder: Mortgage Assistance Options for Areas Affected by Hurricane Florence

Source: Fannie Mae WASHINGTON, DC – Fannie Mae (FNMA/OTC) is reminding those impacted by Hurricane Florence of the options available for mortgage assistance. Under Fannie Mae’s guidelines for single-family mortgages: Homeowners impacted by Hurricane Florence are eligible to stop making mortgage payments for up to 12 months, during which time they: will not incur late fees […]

12 Sep 2018

FEMA Declared Disaster Iowa

FEMA issued a Presidential Major Disaster Declaration for areas in Iowa as a result of a severe storm and tornadoes that took place July 19, 2018.

12 Sep 2018

OCC: National Banks and Federal Savings Associations Affected by Hurricane Florence in the Southeast and Mid-Atlantic Allowed to Close

Source: OCC WASHINGTON — The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks affected by severe weather conditions associated with Hurricane Florence in the Southeast and Mid-Atlantic to close. In issuing the proclamation, the OCC expects that only […]

11 Sep 2018

FEMA Declared Disaster Alaska

FEMA issued a Presidential Major Disaster Declaration for areas in Alaska affected by flooding from May 11-13, 2018.

5 Sep 2018

Fannie Mae: Document-Free Expense Reimbursement; Know Your Options Training; and More

Fannie Mae issued a release highlighting information relevant to servicers and sellers.

5 Sep 2018

Tropical Storm Gordon Nears Gulf Coast: Emergencies Declared in Louisiana, Mississippi

The Weather Channel published a report offering an update on the status of the remnants of Tropical Storm Gordon and what areas stand to be affected.

5 Sep 2018

Fannie Mae: Document-Free Expense Reimbursement; Know Your Options Training; and More

Source: Fannie Mae Coming soon – document-free expense reimbursement and self-service reporting Expense reimbursements are about to get faster and easier. On Sept. 24, we’re introducing a new approach to expense reimbursement as part of our commitment to Simplifying Servicing™. In addition to document-free reimbursement claim submissions, you’ll soon have access to a new expense reimbursement […]

5 Sep 2018

VA: VALERI Servicer Newsflash

The U.S. Department of Veterans Affairs (VA) issued a release featuring a chart created to summarize different VA modification options. A number of Development Updates also are outlined, including the upcoming release of VALERI Manifest 18.3 on September 8, 2018.

4 Sep 2018

FEMA Declared Disaster Havasupai Tribe (Arizona)

FEMA issued a Presidential Major Disaster Declaration for the Havasupai Tribe (Arizona) as a result of severe storms, flooding and landslides that took place July 11-12, 2018.

31 Aug 2018

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