Archives For: Featured Resources
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing several Development Updates relevant to servicers.
13 Feb 2017
FEMA Declared Disaster Louisiana
On February 11, 2017, FEMA issued a Presidential Major Disaster Declaration for areas in Louisiana as a result of severe storms, tornadoes and straight-line winds that took place February 7, 2017.
11 Feb 2017
VA Circular 26-17-04: Special Relief Following Severe Storms and Tornadoes in Georgia and Mississippi
The U.S. Department of Veterans Affairs (VA) issued a circular expressing concern about VA home loan borrowers affected by severe weather in the states of Georgia and Mississippi.
10 Feb 2017
Tenant Protection Bills Proposed in Several States
Several pieces of legislation revolving around the subject of tenant protection have been introduced in the states of Indiana, New York and Virginia.
9 Feb 2017
Arizona Court: Lender Who Bought Property at Foreclosure by Full Credit Bid Entitled to Title Insurance Coverage
Quarles & Brady LLP posted an article authored by Partner Sarah R. Anchors. The article discusses a recent decision from the Arizona Supreme Court.
9 Feb 2017
Fallout from Home Mortgage Crisis: Lender Claims Property Appraisers Are Liable for Lost Collateral Value
The National Law Review published an article authored by Vincent E. Gentile of Drinker Biddle & Reath LLP. The article explores a series of nine lawsuits filed by a trustee against appraisers whose appraisals were the basis for mortgage loans.
9 Feb 2017
Fannie Mae: We’re Simplifying Servicing: Find Out How at the MBA Servicing Conference
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
8 Feb 2017
MHA HAMP Reporting Update: Updated Reporting Form Posted on HMPadmin.com
Making Home Affordable (MHA) issued an update announcing the availability of a new version of the MHA LPI Date Correction Request Form.
8 Feb 2017
Urban Institute Launches Servicing Collaborative
National Mortgage News published an article discussing a new initiative created by the Urban Institute’s Housing Finance Policy Center that aims to address rising mortgage servicing costs.
8 Feb 2017
Acceleration Clauses in Foreclosure Actions: New Rules
The New York Law Journal released an article authored by Adam Leitman Bailey and Adam M. Swanson of Adam Leitman Bailey, P.C. The article discusses some of the benefits and pitfalls when using an acceleration clause in a mortgage foreclosure action.
7 Feb 2017