Archives For: Industry Alerts
FHLMC Guide Bulletin 2016-18: Freddie Mac Principal Reduction Modification Update
Freddie Mac issued an update announcing the availability of a new form that will facilitate the processing of the Freddie Mac Principal Reduction Modification.
21 Sep 2016
CFPB Gives Training on Updated Servicer Rules
DS News released an article highlighting the Consumer Financial Protection Bureau (CFPB) Industry and Servicer Training Update that took place at the 2016 Five Star Conference and Expo.
20 Sep 2016
Fannie Mae: ACH Direct Deposit FAQs and Form Updates
Fannie Mae has updated its ACH (Direct Deposit) Form and frequently asked questions (FAQ) section.
20 Sep 2016
FEMA Declared Disaster Maryland
On September 16, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Maryland as a result of a severe storm and flooding that took place July 30-31, 2016.
16 Sep 2016
FHFA: Three Easy Steps to HARP: How Homeowners Can Save Thousands
The Federal Housing Finance Agency (FHFA) posted a blog discussing how homeowners can refinance through the Home Affordable Refinance Program (HARP), which has been extended to September 30, 2017.
16 Sep 2016
HARP Volumes Shrink as Refi Numbers Retreat
The MReport published an article highlighting data from the Federal Housing Finance Agency’s (FHFA) July 2016 Refinance Report.
16 Sep 2016
Loan Modifications Increase as Foreclosure Sales Decrease
DS News published an article highlighting HOPE NOW’s July 2016 loan modification data.
15 Sep 2016
Proposal Aims to Improve Foreclosure Process Tracking
The New York Law Review published an article discussing the opening of a period for public comment on a proposal to require two new pieces of paperwork in settlement conferences required by New York courts in residential foreclosures.
15 Sep 2016
Proposed Bill Aims to Amend Consumer Financial Protection Act
H.R. 5413 (CFPB Data Accountability Act) was introduced and referred to the House Committee on Financial Services on June 8, 2016.
15 Sep 2016
MHA HAMP Reporting Update August 2016 UP Survey Now Available
Making Home Affordable (MHA) issued an update announcing the availability of the August 2016 UP Survey on HMPadmin.com.
15 Sep 2016