Archives For: Industry Alerts
FEMA Declared Disaster Mississippi
On February 11, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi as a result of severe storms, tornadoes, straight-line winds and flooding that took place December 23-28, 2015.
11 Feb 2016
Bill Would Allow for Land Bank Establishment in Virginia
Virginia House Bill 268, titled the Land Bank Entities Act, would authorize the establishment of a land bank by any locality or two or more combined localities. The bill passed a House vote on February 10, 2016.
11 Feb 2016
Fannie Mae: Selling and Servicing Flexibilities Available to Homeowners Impacted by the Flint, Michigan Water Crisis
Fannie Mae issued a Selling and Servicing Notice reminding servicers and lenders about existing products, loan options and servicing flexibilities that are available for homeowners who may be impacted by the water crisis in Flint, Michigan.
11 Feb 2016
Freddie Mac Support for Homeowners in Flint, Michigan
Freddie Mac issued a release reminding servicers and sellers of all the mortgage options that are available to homeowners in Flint, Michigan.
11 Feb 2016
HUD Written Testimony of Edward L. Golding
The U.S. Department of Housing and Urban Development (HUD) released the written testimony of Edward L. Golding before the House of Representatives Committee on Financial Services, Subcommittee on Housing and Insurance.
11 Feb 2016
Fannie Mae Servicing Guide Announcement SVC-2016-01 Servicing Guide Updates
Fannie Mae released an announcement containing a number of Servicing Guide updates, including changes to New Jersey foreclosure fees and an introduction to the Servicing Guide Change Control Log.
10 Feb 2016
MHA HAMP Reporting Update Presidents Day Holiday Support and System Availability
Making Home Affordable (MHA) issued a HAMP Reporting Update outlining system availability for the Presidents Day holiday.
10 Feb 2016
Legislation Could Help Annapolis Battle Blighted Buildings
The Capital Gazette (Annapolis) published an article discussing MD SB 248, which would allow state municipalities to create registries and a remediation fund for vacant and blighted properties.
9 Feb 2016
Court Finds in Favor of MERS
DS News published an article discussing the latest legal victory for Mortgage Electronic Registration Systems (MERS) in a case decided by the Dallas County, Texas District Court.
8 Feb 2016