Archives For: Industry Alerts
FEMA Declared Disaster South Carolina
On November 5, 2015, FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina as a result of severe storms and flooding that took place October 1-23, 2015.
5 Nov 2015
FHFA Foreclosure Prevention Report – August 2015
The Federal Housing Finance Agency (FHFA) released its Foreclosure Prevention Report for August 2015.
5 Nov 2015
MHA HAMP Reporting Update Updated Modification Agreement ? Document Summary Posted on HMPadmin.com
Making Home Affordable (MHA) issued a HAMP Reporting Update announcing a revision to the Home Affordable Modification Agreement – Document Summary for Non-GSE Loans.
4 Nov 2015
Are Servicers Finally Off the CFPB?s Hit List?
HousingWire published an article discussing information from the latest Consumer Financial Protection Bureau’s (CFPB) supervisory report.
3 Nov 2015
CFPB Recovers $107 Million in Relief for More Than 238,000 Consumers Through Supervisory Actions
The Consumer Financial Protection Bureau (CFPB) issued a press release discussing actions outlined in its latest supervision report.
3 Nov 2015
The Uneven Housing Recovery
The Center for American Progress published an article discussing findings from its recently released housing report.
2 Nov 2015
FEMA Declared Disaster Alaska
On October 30, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in Alaska as a result of a severe storm that took place on August 27, 2015.
30 Oct 2015
Senators Call Federal Regulators to Action on Zombie Foreclosures
DS News released an article discussing a letter written by U.S. Senators Bob Menendez (D-NJ) and Cory Booker (D-NJ) to federal banking and housing leaders in regards to the ongoing issue of zombie foreclosures.
30 Oct 2015
Fannie Mae Reverse Mortgage Loan Servicing Manual Announcement RVS-2015-03
Fannie Mae released an announcement (revised version) containing updates for its Reverse Mortgage Loan Servicing Manual, specifically changes in policy regarding lender-placed insurance requirements and property management requirements.
30 Oct 2015
Fannie Mae Servicing Guide Announcement SVC-2015-13 Servicing Guide Updates
Fannie Mae released an announcement (revised version) containing a number of Servicing Guide policy changes, including updates to property inspection frequency and lender-placed insurance requirements.
30 Oct 2015