Archives For: Featured Resources
FEMA Disaster Declaration U.S. Virgin Islands
On September 18, 2017, FEMA issued an update to a Presidential Major Disaster Declaration for the territory of the U.S. Virgin Islands as a result of Hurricane Irma from September 5-7, 2017.
18 Sep 2017
Irma Affected More Than 90% of Florida’s Mortgaged Properties
National Mortgage News published an article discussing the scope of the damage caused by Hurricane Irma. Included are pertinent comments regarding properties/loans located in Puerto Rico in light of the current path of Hurricane Maria.
18 Sep 2017
HUD Announces Disaster Assistance for Georgia Storm Victims
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing that federal disaster assistance will be provided to the State of Georgia for homeowners and low-income renters forced from their homes due to Hurricane Irma.
18 Sep 2017
HUD Announces Disaster Assistance for U.S. Virgin Island Storm Victims
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing that federal disaster assistance will be provided to the U.S. Virgin Islands for homeowners and low-income renters forced from their homes due to Hurricane Irma.
18 Sep 2017
Insurance Companies Accused of Misguiding Claimants
Daily Business Review posted an article discussing instances after Hurricane Irma where insurance companies and their agents are allegedly advising policyholders not to hire attorneys and public adjusters, which is not permitted under state law.
15 Sep 2017
FHFA: Refinance Report – July 2017
The Federal Housing Finance Agency (FHFA) issued its July 2017 Refinance Report.
14 Sep 2017
Fannie Mae: Lender Letter LL-2017-06: Additional Clarifications for Mortgage Loans Impacted by Hurricanes Harvey and Irma
Fannie Mae issued an update providing additional clarifications for mortgage loans impacted by Hurricanes Harvey and Irma.
13 Sep 2017
Fannie Mae: Servicing Guide Updates; Disaster Response Resources; High LTV Refi Option; and More
Fannie Mae issued a news release highlighting information relevant to servicers and sellers. Included are new resources designed to assist servicers in providing optimized responses to homeowners affected by Hurricanes Harvey and Irma.
13 Sep 2017
FHLMC Guide Bulletin 2017-18: Servicing Updates
Freddie Mac issued a release providing updates to its standard servicing policies. Included are increases for certain reimbursable expense limits associated with the preservation of abandoned mortgaged premises, which become effective on October 9, 2017.
13 Sep 2017
FHLMC Guide Bulletin 2017-19: Selling and Servicing Requirements Related to Hurricane Irma and Certain Updated Requirements Related to Hurricane Harvey
Freddie Mac issued a release announcing temporary changes to its selling and servicing requirements related to Hurricanes Harvey and Irma.
13 Sep 2017