Archives For: Featured Resources
Fannie Mae: Investor Reporting Changes May Reduce Fatal Edits; Updated Servicer Expense Reimbursement Job Aid; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
21 Feb 2018
USDA: Special Relief Measures for Natural Disasters
The U.S. Department of Agriculture (USDA) issued an update outlining an amendment made to the Assistance in Natural Disasters section of the 3555 Handbook.
20 Feb 2018
Oyster Bay Bans Use of Plywood to Cover ?Zombie? Houses
Newsday published an article discussing a new ordinance adopted by the Town of Oyster Bay, New York, that bans the use of plywood for boarding up foreclosed homes and mandates the use of clear, impact resistant polycarbonate. Additionally, the legislation requires a $25,000 bond on residential vacant properties that have had a “foreclosure action” commenced, without a requirement to register the property with the municipality.
18 Feb 2018
CFPB Issues Request For Information on Supervision Processes
The Consumer Financial Protection Bureau (CFPB) issued a press release outlining its latest Request for Information (RFI) concerning its supervision processes.
14 Feb 2018
Fannie Mae: Announcement SVC-2018-01: Servicing Guide Updates
Fannie Mae issued a release highlighting information relevant to servicers and sellers. Included are changes related to first lien mortgage loan charge-offs.
14 Feb 2018
FHA INFO #18-07: REMINDER: TOTAL Scorecard Database Upgrade Begins on Friday, February 16, 2018
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-07.
14 Feb 2018
FHFA: Refinance Report – Fourth Quarter 2017
The Federal Housing Finance Agency (FHFA) issued its fourth quarter 2017 Refinance Report.
14 Feb 2018
FHLMC Guide Bulletin 2018-2: Charge Off Recommendations, Document Custody Requirements and More
Freddie Mac issued a release outlining updates for requirements relating to charge-off recommendations.
14 Feb 2018
Clearboarding Bills Proposed in Maryland and New York
MD HB 1079 was introduced and had its first reading on February 7, 2018 and NY A6806A was referred to the Judiciary Committee on January 3, 2018.
13 Feb 2018
CFPB Asked to Repeal Mortgage Servicing Amendments
DS News published an article discussing a recent trade association letter sent to Consumer Financial Protection Bureau (CFPB) Acting Director Mick Mulvaney that raises objections over 2016 amendments to the bureau’s 2013 RESPA and TILA Mortgage Servicer Rule.
13 Feb 2018