Archives For: Featured Resources
Under-$30K Earners Denied TARP Assistance in Droves
DS News published an article discussing findings from an audit conducted by the Office of the Special Inspector General for the Trouble Asset Relief Program (SIGTARP).
13 Jan 2017
Fannie Mae: Announcement SVC-2016-11 and Lender Letter LL-2016-06
Fannie Mae has re-posted Servicing Guide Announcement SVC-2016-11. Included in the announcement are changes for maximum allowable foreclosure attorney fees for judicial states and servicing fees for redeemed mortgage loans and third-party foreclosures.
13 Jan 2017
Bankers Cry Foul Over CFPB’s Five-Star Complaint Rating System
National Mortgage News released an article discussing a request made by the American Bankers Association and Consumer Bankers Association in regard to a Consumer Financial Protection Bureau (CFPB) consumer complaint rating system.
13 Jan 2017
MHA HAMP Reporting Update HAMP Reporting System, Secure Side of HMPadmin.com, and NPV Transaction Portal Will Be Down for Maintenance
Making Home Affordable (MHA) issued an update outlining system maintenance taking place January 26-31, 2017.
13 Jan 2017
Servicers Need Clarity on CFPB’s View of Private-Label Practices
National Mortgage News released an article authored by attorney Craig Nazzaro of Baker Donelson. In it, Nazzaro discusses the issue of industry guidance in regard to private-label servicing.
11 Jan 2017
MHA HAMP Reporting Update Martin Luther King, Jr. Holiday Support and System Availability
Making Home Affordable (MHA) issued an update outlining system availability during the Martin Luther King, Jr. holiday.
10 Jan 2017
CFPB Updates Congress on Mortgage Industry Rules
DS News released an article highlighting a Consumer Financial Protection Bureau (CFPB) report covering activities from Q4 2015 to Q3 2016.
9 Jan 2017
GAO-17-236: Troubled Asset Relief Program: Status of Housing Programs
The U.S. Government Accountability Office (GAO) released GAO-17-236, a report providing an update on the status and condition of the U.S. Department of the Treasury’s Troubled Asset Relief Program (TARP) funded housing programs as of October 31, 2016.
9 Jan 2017
Governor Cuomo Announces 5th Proposal of 2017 State of the State: Comprehensive Plan to Protect Seniors from Financial Exploitation and Foreclosure
The office of New York Governor Andrew M. Cuomo issued a press release announcing a comprehensive plan that will work to protect senior citizens throughout the state from financial exploitation and foreclosure.
8 Jan 2017
Fannie Mae: Changes to Investor Reporting Release Notes
Fannie Mae published Release Notes featuring a summary of the changes to investor reporting that will take effect on February 1, 2017.
6 Jan 2017