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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.

10 Jul 2017

FEMA Declared Disaster Oklahoma

On July 7, 2017, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Oklahoma as a result of severe storms, tornadoes and flooding that took place April 28 to May 2, 2017.

7 Jul 2017

Georgia Adopts Provisions Regarding Mortgage Servicing

The State of Georgia Department of Banking and Finance issued a bulletin outlining several new provisions that went into effect on July 19, 2017.

7 Jul 2017

Floral Park Eyes Cash for Zombie House Maintenance

An ordinance that would provide money for the maintenance of abandoned homes that are under foreclosure was recently adopted by the Village of Floral Park, N.Y.

6 Jul 2017

City of Las Vegas Develops New Tool in Fight Against Squatters

The Las Vegas Sun published an article discussing a recent decision by the Las Vegas City Council that expanded the types of properties that can be added to the city’s registry of vacant properties.

6 Jul 2017

Vacant Housing Registry is Illegal Investors Claim in Lawsuit

NJ.com published an article outlining a lawsuit that questions the legality of a vacant property registration program in Gloucester County, NJ.

6 Jul 2017

Fannie Mae: Simplified Expense Reimbursement and More

Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.

6 Jul 2017

The Hope of High Tech

DS News released an article exploring the continued development and sophistication of mortgage servicing technology.

6 Jul 2017

FHFA Proposes 2018-2020 Housing Goals For Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) issued a news release announcing a proposed rule that would establish new housing goals for Fannie Mae and Freddie Mac for 2018 through 2020.

29 Jun 2017

VA Circular 26-17-16: Award of VA Property Management and Servicing Contract

The U.S. Department of Veterans Affairs (VA) issued a circular providing details concerning the award of the VA Real Estate Owned (REO) and Portfolio Servicing Contract (RPSC) to Vendor Resource Management (VRM), and operational matters related to VA’s REO and direct loan portfolio, also known as VA’s National Portfolio.

29 Jun 2017

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