Archives For: Featured Resources

FHFA: Statement of Melvin Watt

The Federal Housing Finance Agency (FHFA) released the statement of Melvin L. Watt before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

11 May 2017

MHA HAMP Update: HAMP Reporting Tool Security Update Reminder

Making Home Affordable (MHA) issued an update reminding users that the implementation of security settings on HAMP servers beginning on May 18 will affect access to the HAMP Reporting Tool.

11 May 2017

The New Age of Servicing

MReport published an article exploring the ever-evolving mortgage servicing landscape.

10 May 2017

Fannie Mae: Announcement SVC-2017-04: Servicing Guide Updates

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

10 May 2017

FHLMC Guide Bulletin 2017-6: Updates in Response to CFPB Amendments

Freddie Mac issued a release announcing updates resulting from amendments to the Consumer Financial Protection Bureau’s (CFPB) 2013 mortgage servicing rules.

10 May 2017

‘Clear boarding’ Replacing Plywood in Bid to Curb Foreclosure Blight

National Mortgage News published an article discussing recent moves by Fannie Mae and Freddie Mac to widen the use of clearboarding for securing pre-foreclosure and real estate owned (REO) properties.

9 May 2017

North Carolina Supreme Court Adopts “Substantial Competent Evidence” Requirement for Borrowers Asserting “True Value” Defense in Foreclosure Deficiency Actions

The National Law Review published an article authored by Lance P. Martin of Ward and Smith, P.A. In it, Martin details a recent North Carolina Supreme Court reversal of a 2015 Court of Appeals decision. 

9 May 2017

Brooklyn Court Quietly Moves to Toss Out Hundreds of Foreclosure Cases

DNA Info published an article outlining a plan by the Kings County, N.Y. Supreme Court to dismiss all foreclosure cases filed before January 1, 2016 that have seen no court activity after September 30, 2016.

8 May 2017

Underwater Mortgages on Decline

DS News published an article discussing ATTOM Data Solutions’ Q1 2017 U.S. Home Equity & Underwater Report.

8 May 2017

MHA HAMP Update: Updated Reporting Guidance Posted

Making Home Affordable (MHA) issued a release outlining the implementation of an updated MHA Request for Loan Change form.

8 May 2017

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