Archives For: Featured Resources
USDA: Expanded Guidance – USDA Modified Interest Rate Waiver
The U.S. Department of Agriculture (USDA) issued a notice providing additional guidance on a waiver for approved loan servicers to modify loans when the interest rate may exceed the original guaranteed note rate.
2 Apr 2018
FHFA: Report Details Progress on the 2017 Scorecard for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) issued a news release announcing the release of a report summarizing the 2017 activities of Fannie Mae and Freddie Mac.
29 Mar 2018
Washington Bills Take Aim at Abandoned Properties
HB 2057 (An act relating to the services and processes available when residential real property is abandoned or in foreclosure) was signed by Governor Jay Inslee on March 28, 2018.
28 Mar 2018
MHA HAMP Update: Revised Official Monthly Reporting – OMR Job Aid Posted
Making Home Affordable (MHA) issued an update announcing a revision that provides reporting guidance to address scenarios in which a borrower in a permanent HAMP Modification completes a Federally Declared Disaster (FDD) Forbearance Plan.
28 Mar 2018
FHFA: Foreclosure Prevention Report – Fourth Quarter 2017
The Federal Housing Finance Agency (FHFA) issued its fourth quarter 2017 Foreclosure Prevention Report.
22 Mar 2018
States Introduce Vacant Property Bills
NE LB256 (Adopt the Vacant Property Registration Act) was signed by Governor Pete Ricketts on March 21, 2018.
21 Mar 2018
Fannie Mae: New Qs in the Project Insurance Requirement FAQs; plus Updates to AMN/HSSN and AAA Matrices
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
21 Mar 2018
CFPB: Regulation X and Regulation Z Mortgage Servicing FAQs
The Consumer Financial Protection Bureau (CFPB) published questions and answers pertaining to compliance with Regulation X and Regulation Z, which will be effective on April 19, 2018.
20 Mar 2018
Lynn, MA Mediation Law Faces Revocation
MA S.884 (An act clarifying municipal authority regarding cash sureties and foreclosures) has replaced S.2396 in the Massachusetts Senate.
19 Mar 2018
Foreclosure Proceedings Bill Approved in Florida
FL SB 220 (Bankruptcy Matters in Foreclosure Proceedings) was approved by Governor Rick Scott on March 19, 2018.
19 Mar 2018