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The Next Crisis for Puerto Rico: A Crush of Foreclosures

The New York Times published an article outlining the current state of housing in Puerto Rico.

16 Dec 2017

OCC: Examiner Guidance for Institutions Affected by Major Disasters Released

The Office of the Comptroller of the Currency (OCC) issued a news release announcing the release of guidance that outlines supervisory practices for assessing the condition of institutions directly affected by a disaster that results in a presidential declaration of a major disaster.

15 Dec 2017

Governor Cuomo Signs Sweeping Legislation to Combat the Blight of Vacant and Abandoned Properties

The New York State Department of Financial Services (NYSDFS) issued guidance pertaining to the Vacant and Abandoned Property Law (“Zombie Properties Law”).

14 Dec 2017

FHFA: Refinance Report

The Federal Housing Finance Agency (FHFA) issued its October 2017 Refinance Report.

14 Dec 2017

Fannie Mae: Servicing Guide Is Updated, SMDU Enhancements; Mortgage Assistance Application in Spanish; and More

Fannie Mae issued a release highlighting information relevant to servicers and sellers.

13 Dec 2017

FHLMC Guide Bulletin 2017-27: Servicing Updates

Freddie Mac issued a release containing a number of updates relevant to servicers. Included is a notification detailing an update for the Workout Prospector that will accommodate data submissions and reporting of the new imminent default evaluation requirements.

13 Dec 2017

Freddie Mac: Consolidated Scorecard Now Available

Freddie Mac issued a release announcing the availability of its consolidated Servicer Success Scorecard.

12 Dec 2017

VA Circular 26-17-42: Special Relief Following California Wildfires

The U.S. Department of Veterans Affairs (VA) issued a circular expressing concern about VA home loan borrowers affected by the California wildfires.

12 Dec 2017

Fannie Mae: Eviction Moratorium for the Holidays

Fannie Mae issued a news release announcing the suspension of evictions of foreclosed single-family properties during the holiday season.

11 Dec 2017

Freddie Mac: Holiday Eviction Suspension

Freddie Mac released an update highlighting the suspension of all scheduled eviction lockouts during the holiday season.

11 Dec 2017

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