Archives For: Featured Resources
The CFPB’s Final Servicing Rule Is Still Unclear
National Mortgage News published an article discussing the Consumer Financial Protection Bureau’s (CFPB) 2016 Servicing Rule.
14 Dec 2016
USDA: Partial Releases – Delegation of Servicer Approval Authority
The U.S. Department of Agriculture (USDA) issued an update reminding servicers that they can approve partial releases without prior agency approval under certain conditions.
13 Dec 2016
Fannie Mae Announces Eviction Moratorium for the Holidays
Fannie Mae issued a news release announcing the suspension of evictions of foreclosed single-family properties during the holiday season.
12 Dec 2016
Freddie Mac: Holiday Eviction Suspension: December 19, 2016 through January 3, 2017
Freddie Mac released an update highlighting the suspension of all scheduled eviction lockouts during the holiday season.
12 Dec 2016
FHA INFO #16-76: Corrections to Mortgagee Letter 2016-20: 2017 Nationwide Forward Mortgage Limits
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-76.
8 Dec 2016
Freddie Mac: Certain Securities Functions Migrated to CSP
Freddie Mac issued an update outlining its implementation of the Common Securitization Platform (CSP) for certain single-family fixed-rate mortgage-backed securities (MBS).
8 Dec 2016
USDA: Automated Submission of Loss Claims
The U.S. Department of Agriculture (USDA) released an update announcing that effective December 31, 2016, all active participating Single Family Housing Guaranteed Loan Program (SFHGLP) servicers/lenders will be required to enter and submit loss claims and upload supporting claim documents to the Agency’s Lender Interactive Network Connection (USDA LINC) site.
8 Dec 2016
Fannie Mae: Fannie Mae Standard Modification Interest Rate Adjustment Exhibit
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
7 Dec 2016
FHA INFO #16-75: New Guidance on Maximum Allowable Fee for Assumptions
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-75.
7 Dec 2016
Could the Sale of Distressed Loans Decrease Foreclosures?
DS News published an article discussing findings from a recent Federal Housing Administration (FHA) report outlining its single-family sales program (SLFS) during October 2016.
6 Dec 2016