Archives For: Featured Resources
Fannie Mae: Lender Letter LL-2017-09: Fannie Mae Extends Modification for Disaster Relief and Other Clarifications for Mortgage Loans Impacted by Disaster Events
Fannie Mae issued an update providing policy guidance for loans secured by properties located in a FEMA Declared Disaster Area eligible for Individual Assistance.
2 Nov 2017
FHLMC Guide Bulletin 2017-25: Servicing Requirements to Assist Borrowers Impacted by Eligible Disasters
Freddie Mac issued a release outlining the expansion of its requirements for mortgages held by borrowers whose mortgaged premises or places of employment are located in any eligible disaster area designated on or after August 25, 2017.
2 Nov 2017
FEMA Declared Disaster South Carolina
On November 1, 2017, FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Irma from September 6-13, 2017.
1 Nov 2017
Fannie Mae: Updated CRS Remittance Codes; New eLearning Courses; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
1 Nov 2017
Freddie Mac: Why the Single Security Should Be on Your Radar
Freddie Mac issued a release reminding servicers of its upcoming Single Security initiative.
1 Nov 2017
FEMA Declared Disaster California
On October 31, 2017, FEMA issued an update to a Presidential Major Disaster Declaration for areas in California affected by wildfires that took place October 8-31, 2017.
31 Oct 2017
Maryland Expedited Foreclosure Bill Passes Assembly
The Office of the Commissioner of Financial Regulation (Maryland Department of Labor, Licensing and Regulation) issued an advisory announcing the creation of a new form that is to be used by secured parties in expedited foreclosure proceedings for vacant and abandoned properties.
31 Oct 2017
Freddie Mac: Go All-In on Servicing Performance
Freddie Mac issued a release announcing its new Servicer Performance Profile.
31 Oct 2017
HUD: Prepared Remarks of Dr. Ben Carson
The U.S. Department of Housing and Urban Development (HUD) published the prepared remarks of Secretary Dr. Ben Carson at the Mortgage Bankers Association (MBA) Convention.
27 Oct 2017
HUD: Red Tape Cut to Speed Hurricane Recovery
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing a package of regulatory and administrative waivers aimed at helping communities to accelerate their recovery from Hurricanes Harvey, Irma and Maria.
27 Oct 2017