Archives For: Featured Resources
Fannie Mae: Updated Imminent Default FAQs; New Servicer eLearning Courses; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
28 Feb 2018
Reforming the FHA?s Foreclosure and Conveyance Processes
The Urban Institute’s Housing Finance Policy Center Mortgage Servicing Collaborative released a report addressing how Federal Housing Administration (FHA) foreclosure and conveyance processes can be changed to bring down costs and create efficiencies.
28 Feb 2018
VA Circular 26-18-5: Department of Veterans Affairs Property Management and Servicing Contract
The U.S. Department of Veterans Affairs (VA) issued a circular providing details concerning operational matters related to VA’s Real Estate Owned (REO) and direct loan portfolio.
27 Feb 2018
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing important information for servicers, including several revisions to multiple chapters and appendices in the M26-4 Servicer Handbook.
27 Feb 2018
Freddie Mac: Are You Ready for New Imminent Default Evaluations in Workout Prospector?
Freddie Mac issued a release outlining an update to its Workout Prospector.
26 Feb 2018
CFPB: Nine Financial Problems After a Natural Disaster – and What You Can Do About Them
The Consumer Financial Protection Bureau (CFPB) posted a blog exploring common problems consumers have reported after a natural disaster.
23 Feb 2018
HUD: FHA INFO #18-08: Revised Loss Mitigation Policies for Affected Borrowers in Certain Presidentially-Declared Major Disaster Areas/Industry Briefing Call on March 1, 2018
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-08.
22 Feb 2018
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