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State Spotlight: Florida Court Decision May Bring Difficulties for Servicers
DS News published an article discussing a recent Florida court case that could potentially cause difficulty for servicers in the disposition of foreclosed properties.
26 Sep 2016
FHA INFO #16-62: Extension of Effective Date for Home Equity Conversion Mortgage Servicing Fee Set-Aside Growth Rate
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-62.
26 Sep 2016
What’s After HAMP? MBA Proposes Loan Modification Program
HousingWire published an article discussing the Mortgage Bankers Association’s (MBA) newly proposed One Mod: Principles for Post-HAMP Loan Modifications program.
23 Sep 2016
Legislators Mull New Fee to Help Combat Blight
The Times-Tribune (Scranton, PA) published an article outlining PA SB 486. The proposed legislation aims to enable counties to apply a fee of up to $15 for each deed and mortgage recorded to be used for a demolition program.
22 Sep 2016
HUD Provides $13 Million in Emergency Disaster Assistance to Baton Rouge and Lafayette
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing that it will provide disaster assistance to areas in Louisiana affected by severe flooding.
22 Sep 2016
FHA INFO #16-61: New FHA Connection Functionality Allows Electronic Claims Filing for Claims Without Conveyance of Title Procedure
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-61.
21 Sep 2016
FHLMC Guide Bulletin 2016-18: Freddie Mac Principal Reduction Modification Update
Freddie Mac issued an update announcing the availability of a new form that will facilitate the processing of the Freddie Mac Principal Reduction Modification.
21 Sep 2016
CFPB Gives Training on Updated Servicer Rules
DS News released an article highlighting the Consumer Financial Protection Bureau (CFPB) Industry and Servicer Training Update that took place at the 2016 Five Star Conference and Expo.
20 Sep 2016
Fannie Mae: ACH Direct Deposit FAQs and Form Updates
Fannie Mae has updated its ACH (Direct Deposit) Form and frequently asked questions (FAQ) section.
20 Sep 2016
FEMA Declared Disaster Maryland
On September 16, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Maryland as a result of a severe storm and flooding that took place July 30-31, 2016.
16 Sep 2016