Archives For: Industry Alerts
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) released a VALERI Servicer Newsflash containing information on a number of subjects, including servicer transfer events and development updates.
11 May 2016
FHFA: Foreclosure Prevention Report
The Federal Housing Finance Agency (FHFA) released its latest Foreclosure Prevention Report, which details foreclosure prevention actions completed by Fannie Mae and Freddie Mac for February 2016.
10 May 2016
Land Bank Plan May be Headed to County
The Chillicothe Gazette published an article discussing a decision by Ross County, OH to review a proposed resolution that would establish a land bank.
9 May 2016
Why HAMP and HARP Have Run Their Course
National Mortgage News published an article discussing the Making Home Affordable (MHA) program, which is scheduled to end on December 31, 2016.
9 May 2016
FEMA Declared Disaster Arkansas
On May 6, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Arkansas as a result of severe storms, tornadoes, straight-line winds and flooding that took place March 8-13, 2016.
6 May 2016
Fannie Mae Standard Modification Interest Rate Exhibit
Fannie Mae released an exhibit providing the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications, excluding Fannie Mae HAMP Modifications.
6 May 2016
Fannie Mae: Updated Maryland AAA Matrix
Fannie Mae has posted an updated version of the Maryland AAA Matrix on the Excess Attorney Fee Guidelines page.
4 May 2016
What?s Next for REO? A 10-Year Perspective
DS News published an article discussing what the future holds for the real estate owned (REO) market.
3 May 2016
VA Circular 26-16-13 Special Relief Following Louisiana and Texas Severe Storms and Flooding
The U.S. Department of Veterans Affairs (VA) released Circular 26-16-13. The circular expresses concern about VA home loan borrowers affected by severe storms and flooding in the states of Louisiana and Texas.
3 May 2016
MHA Program Update Supplemental Directive 16-03: Making Home Affordable Program ? MHA Program Termination and Borrower Application Sunset II
Making Home Affordable (MHA) issued a Program Update providing additional guidance to servicers regarding the termination of MHA for Non-GSE Mortgages.
2 May 2016