Archives For: Featured Resources
FHFA Statement on HOA Super-Priority Lien Foreclosures
Bradley Arant Boult Cummings LLP published a blog authored by associates Stephen Parsley and R. Aaron Chastain. In it, three recent decisions pertaining to the ongoing issue of HOA Super-Priority Liens in Nevada are discussed.
19 Jul 2018
As Hurricane Season Arrives, U.S. Homeowners Haven?t Fixed Their Big Underinsurance Problem
The Wall Street Journal published an article discussing homeowners who are inadequately insured for natural-catastrophe damage ahead of the height of the Atlantic hurricane season. Insufficient insurance coverage impacts a borrower’s ability to remain current, with additional potential negative consequences, such as property abandonment.
18 Jul 2018
Fannie Mae: MI Termination Updates; Disaster Policy Reminder Lender Letter; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers. Included is Lender Letter LL-2018-04, which contains a number of disaster policy reminders and updates.
18 Jul 2018
Freddie Mac: Servicing Guidance for Mortgages Impacted by Eligible Disasters
Freddie Mac issued a release outlining a new Industry Letter that reminds servicers of requirements for servicing mortgages impacted by eligible disasters.
18 Jul 2018
FHFA: Refinance Report – May 2018
The Federal Housing Finance Agency (FHFA) issued its May 2018 Refinance Report.
17 Jul 2018
FEMA Declared Disaster New Jersey
On July 13, 2018, FEMA issued an update to a Presidential Major Disaster Declaration for areas in New Jersey affected by a severe winter storm and snowstorm from March 6-8, 2018.
13 Jul 2018
FEMA Declared Disaster West Virginia
FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia affected by severe storms, flooding, landslides and mudslides from May 28 to June 3, 2018.
12 Jul 2018
FHFA: Foreclosure Prevention Report – April 2018
The Federal Housing Finance Agency (FHFA) issued its April 2018 Foreclosure Prevention Report.
12 Jul 2018
Fannie Mae: New APIs Available; Updated Fraud Alert; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
11 Jul 2018
Puerto Rico Addresses
In the latest edition of the Edge, the online magazine of the U.S. Department of Housing’s (HUD) Office of Policy Development and Research (PD&R), General Deputy Assistant Secretary for Policy Development and Research Todd M. Richardson discusses the importance of obtaining accurate addresses in Puerto Rico.
10 Jul 2018