Archives For: Industry Alerts
First-Lien Mortgages Get an A+
DS News released an article highlighting the Office of the Comptroller of the Currency’s (OCC) second quarter 2016 Mortgage Metrics Report.
30 Sep 2016
FEMA Declared Disaster Iowa
On September 29, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Iowa as a result of severe storms, straight-line winds and flooding that took place August 23-27, 2016.
29 Sep 2016
Bill Introduced to Protect California Widows, Widowers Against Foreclosure
The Los Angeles Times published an article discussing the signing of CA SB 1150 by Governor Jerry Brown.
29 Sep 2016
FHFA Second Quarter Foreclosure Prevention Report Shows Continuing Progress on Foreclosure Preventions
The Federal Housing Finance Agency (FHFA) issued a news release highlighting its second quarter 2016 Foreclosure Prevention Report.
29 Sep 2016
MHA HAMP Reporting Update Servicer Loan Number Change Request Process Available
Making Home Affordable (MHA) issued an update announcing the availability of a process document that has been posted to HMPadmin.com.
29 Sep 2016
Governor Cuomo Announces Proposed Regulation to Hold Banks and Mortgage Servicers Accountable for Maintaining “Zombie Properties”
The office of New York Governor Andrew Cuomo issued a press release announcing a proposed regulation that mandates banks and mortgage services report vacant and abandoned properties in accordance with new legislation signed by the Governor in June.
28 Sep 2016
Fannie Mae Single Family Servicing News: Visit us at MBA Annual 2016
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
28 Sep 2016
State Spotlight: Florida Court Decision May Bring Difficulties for Servicers
DS News published an article discussing a recent Florida court case that could potentially cause difficulty for servicers in the disposition of foreclosed properties.
26 Sep 2016
FHA INFO #16-62: Extension of Effective Date for Home Equity Conversion Mortgage Servicing Fee Set-Aside Growth Rate
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-62.
26 Sep 2016
What’s After HAMP? MBA Proposes Loan Modification Program
HousingWire published an article discussing the Mortgage Bankers Association’s (MBA) newly proposed One Mod: Principles for Post-HAMP Loan Modifications program.
23 Sep 2016