Archives For: Industry Alerts
FHA INFO #16-01: Additional Extension of Certain Timeframes in Connection with Mortgagee Letters 2015-11 and 2015-26
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-01.
13 Jan 2016
FHFA: Foreclosure Prevention Report – October 2015
The Federal Housing Finance Agency (FHFA) released its Foreclosure Prevention Report for October 2015.
13 Jan 2016
Fannie Mae Reaches Two Million HARP Refinances
Fannie Mae issued a news release announcing that it has helped over two millions Americans by refinancing their mortgages through the Home Affordable Refinance Program (HARP) since the program’s creation in 2009.
12 Jan 2016
MHA HAMP Reporting Update Updated Reporting Form Posted on HMPadmin.com
Making Home Affordable (MHA) issued a HAMP Reporting Update announcing the availability of the updated LPI Date Correction Request Form on HMPadmin.com.
12 Jan 2016
Freddie Mac: Compensatory Fee Analysis Report to be Reissued
Freddie Mac issued an update announcing the availability of a corrected reissue of the Foreclosure Timeline Compensatory Fee Analysis Report.
8 Jan 2016
GAO-16-279R: Troubled Asset Relief Program: Status of Housing Programs
The U.S. Government Accountability Office (GAO) released GAO-16-279R, a report providing an update on the status of Treasury’s disbursements and participation for Troubled Asset Relief Program (TARP) housing programs that were active as of October 31, 2015.
8 Jan 2016
CFPB Names Another Acting Deputy Director
HousingWire published an article discussing the appointment of David Silberman as acting deputy director of the Consumer Financial Protection Bureau (CFPB).
7 Jan 2016
Hoopeston Hears Land Bank Plan
Commerical-News posted an article outlining the discussion of Vermilion County, Illinois board members to create a land bank.
6 Jan 2016
Fannie Mae: Servicer’s Obligation to Select and Retain Mortgage Default Counsel
Fannie Mae issued an update reminding servicers that all referrals after June 1, 2013, of Fannie Mae mortgage loans for default related legal services must be to law firms selected and retained pursuant to the requirements set forth in Servicing Guide A4-2.2-01.
6 Jan 2016
Freddie Mac Extends Mortgage Relief to Borrowers Affected by Mississippi Storms
Freddie Mac issued a news release announcing the availability of its full menu of disaster relief policies to homeowners affected by recent floods in Mississippi.
6 Jan 2016