Archives For: Featured Resources
Investing in the Future of Default Servicing
DS News published an article discussing some of the emerging technology that can be utilized by the default servicing to overcome challenges and meet the needs of homeowners, investors and industry regulators.
11 Apr 2018
Fannie Mae: Servicing Guide Is Updated; Servicer Expense Reimbursement Job Aid Updates; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
11 Apr 2018
FHFA: Foreclosure Prevention Report – January 2018
The Federal Housing Finance Agency (FHFA) issued its January 2018 Foreclosure Prevention Report.
11 Apr 2018
FHLMC Guide Bulletin 2018-6: Servicing Updates
Freddie Mac issued a release announcing updates to subsequent transfers of servicing, mortgage modifications and more.
11 Apr 2018
HUD: $1.6 Billion Awarded to Help the U.S. Virgin Islands Recover from Hurricanes Irma and Maria
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing recovery funds that will support long-term disaster recovery.
11 Apr 2018
Cases Examine HUD Regulation
Recently, separate articles authored by Mickey J. Lee of Maurice Wutscher LLP and Valerie N. Doble of Hinshaw & Culbertson LLP discussed decisions in Illinois and Rhode Island pertaining to U.S. Department of Housing and Development (HUD) 24 CFR Section 203.604 (Face-to-Face Meeting with the Borrower).
10 Apr 2018
HUD: Record $28 Billion Awarded to Help Hard-Hit Areas in Nine States, Puerto Rico And U.S. Virgin Islands Recover from Major Disasters
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing recovery funds that will address seriously damaged housing, businesses and infrastructure from major disasters that occurred since 2015.
10 Apr 2018
USDA: Handbook-1-3555 Changes – Chapter 18
The U.S. Department of Agriculture (USDA) issued a notice announcing an upcoming update to Handbook-1-3555 that will provide changes to the loss mitigation waterfall as well as revised language surrounding disaster relief options available for borrowers impacted by Presidentially Declared Disasters.
10 Apr 2018
Absecon Considers Fixing Blighted Properties Making Owners Pay
Shore News Today published an article discussing a proposal to create an ordinance in Absecon, New Jersey, that would allow the city to place liens on abandoned properties once it has brought them up to code. If approved, the ordinance would differ from similar ones in existence across the country by allowing for significant work to be completed on properties that have fallen into disrepair.
9 Apr 2018
MHA HAMP Update: HAMP Reporting System Release Outage April 27, 2018 – April 30, 2018
Making Home Affordable (MHA) issued an update outlining a planned system outage.
9 Apr 2018