Archives For: Featured Resources

Freddie Mac Confirms Disaster Relief Policies as Hurricane Irma Approaches Puerto Rico, U.S. Virgin Islands and U.S. Mainland

Freddie Mac issued a press release confirming that disaster relief options will be made available to homeowners in Puerto Rico, the U.S. Virgin Islands and the U.S. mainland as Hurricane Irma approaches.

6 Sep 2017

OCC: Federal and State Banking Agencies Issue Statement on Supervisory Practices Regarding Financial Institutions and Borrowers Affected by Hurricane Irma

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Conference of State Bank Supervisors, and the Federal Deposit Insurance Corporation issued a joint release announcing the availability of regulatory assistance for institutions affected by Hurricane Irma.

6 Sep 2017

USDA: Electronic Status Reporting Implementation Date Delayed Three Months!

The U.S. Department of Agriculture (USDA) issued a release announcing that the implementation date for the required use of new electronic status reporting enhancements will be delayed by three months from April 1, 2018 to July 1, 2018.

1 Sep 2017

Fannie Mae: Lender Letter LL-2017-04: Selling Policies for Mortgage Loans Impacted by Hurricane Harvey

Fannie Mae issued an update outlining selling policies for mortgage loans impacted by Hurricane Harvey.

31 Aug 2017

USDA: FEMA Housing Vouchers Available for REO Properties

The U.S. Department of Agriculture (USDA) issued a release highlighting a Federal Emergency Management Agency (FEMA) decision to make housing vouchers available to displaced families in Texas impacted by Hurricane Harvey.

31 Aug 2017

USDA: Servicing Relief to Borrowers Affected by Hurricane Harvey

The U.S. Department of Agriculture (USDA) issued a release outlining relief measures loan holders and loan servicers should implement to assist USDA Rural Development Section 502 Single Family Housing Guaranteed Loan Program (SFHGLP) borrowers affected by Hurricane Harvey.

31 Aug 2017

Fannie Mae: Lender Letter LL-2017-03: Servicing Policies for Mortgage Loans Impacted by Hurricane Harvey

Fannie Mae issued an update outlining servicing policies related to Hurricane Harvey.

29 Aug 2017

FHLMC Guide Bulletin 2017-14: Temporary Servicing Requirements Related to Borrowers Affected by Hurricane Harvey

Freddie Mac issued a release outlining policy details in response to Hurricane Harvey. Included is updated information relating to servicer property inspections located in a related eligible disaster area.

29 Aug 2017

OCC: Hurricane Harvey Information for Consumers and Bankers in the Affected Areas

The Office of the Comptroller of the Currency (OCC) issued a release outlining relevant information for national banks and federal savings associations in regard to operations in areas affected by Hurricane Harvey.

29 Aug 2017

VA Circular 26-17-24: Special Relief Following Idaho Flooding, Landslides, and Mudslides

The U.S. Department of Veterans Affairs issued a circular expressing concern about VA home loan borrowers affected by flooding, landslides, and mudslides in the state of Idaho.

29 Aug 2017

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