Archives For: Industry Alerts
FHA INFO #16-31: Home Equity Conversion Mortgage Proposed Rule Published Today in the Federal Register
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-31.
26 May 2016
Freddie Mac: Three MBS Awards: Recognition Our Customers Helped Us Achieve
Freddie Mac issued a release highlighting several awards earned from Global Capital.
26 May 2016
MHA HAMP Reporting Update August 2016 HAMP Reporting System Release Notes
Making Home Affordable (MHA) issued a HAMP Reporting Update announcing the availability of the August 2016 HAMP Reporting System Release Notes.
25 May 2016
MHA HAMP Reporting Update Memorial Day Holiday Support and System Availability
Making Home Affordable (MHA) issued a HAMP Reporting Update outlining system availability during the Memorial Day holiday.
25 May 2016
FEMA Declared Disaster Montana
On May 24, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Montana as a result of a severe winter storm and straight-line winds that took place April 15-16, 2016.
24 May 2016
Assembly Passes Legislation to Combat Zombie Homes in New York State
The New York State Assembly issued a press release announcing the passage of several pieces of legislation targeting abandoned residential properties. Among them is A06932-A/S04781 (“Abandoned Property Neighborhood Relief Act of 2016”), which was produced in conjunction with New York State Attorney General Eric Schneiderman.
24 May 2016
USDA: Final Rule Publication
The U.S. Department of Agriculture (USDA) released a single family housing update anouncing the publishing of new rule amending the Section 502 guaranteed loan regulation (7 CFR 3555). The rule will take effect on June 17, 2016.
23 May 2016
CFPB Plans Further Servicing Rules Updates
DS News published an article discussing the implementation of new mortgage servicing rules as part of the Consumer Financial Protection Bureau’s (CFPB) semiannual Spring 2016 rulemaking agenda.
20 May 2016
FEMA Declared Disaster Mississippi
On May 19, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi as a result of severe storms and flooding that took place March 9-29, 2016.
19 May 2016
Five Star?s Delgado: No Semblance of a Crisis
DS News published an article discussing a webinar presentation conducted by Five Star Institute President and CEO Ed Delgado to advise members of the Federation of REO Certified Experts (FORCE) of past and present market conditions.
19 May 2016