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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
VA: John Bell, III Named as Deputy Director of VA’s Loan Guaranty Service
The U.S. Department of Veterans Affairs (VA) announced the selection of John Bell, III as deputy director of the VA Loan Guaranty Service.
11 Dec 2017
Abandoned Property Bill Proposed in Missouri
MO SB 780 was pre-filed in the Missouri Legislature on December 7. The legislation would allow certain people to enter a property to secure it, remove trash and graffiti, and maintain the grounds.
7 Dec 2017