Archives For: Featured Resources
FHFA Announces Results of Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests
The Federal Housing Finance Agency (FHFA) issued a news release announcing the availability of a report providing the results of annual stress tests from Fannie Mae and Freddie Mac.
9 Aug 2016
CFPB Expands Foreclosure Protections
The Consumer Financial Protection Bureau (CFPB) issued a press release announcing finalized measures that will establish new protections for consumers.
4 Aug 2016
Freddie Mac: New Support for the Principal Reduction Modification
Freddie Mac issued a release announcing a new, temporary principal reduction web page that has been created to help servicers with borrower inquiries.
4 Aug 2016
FEMA Declared Disaster Montana
On August 3, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Montana as a result of a tornado that touched down on June 11, 2016.
3 Aug 2016
Increased Metal Theft Risk at Vacant Properties Can Cause Costly Repairs
Claims Journal published an article discussing a rise in metal theft, which occurs primarily at vacant properties and could potentially cost owners thousands of dollars to replace and repair.
3 Aug 2016
Paterson Takes Possession of First Home Using its Abandoned Properties Ordinance
The Paterson Times published an article highlighting the acquisition of an abandoned property by the city of Paterson, NJ through a recently adopted neighborhood stabilization program ordinance.
3 Aug 2016
Fannie Mae Single Family Servicing News: Evaluation Notice Model Clauses and Streamlined Modification Solicitation Letters Updated
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
3 Aug 2016
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued an announcement containing updates on the interest rate for VA Streamline Modifications, the VA address on deeds to VA and VA contact information.
3 Aug 2016
CFPB Outlines Guiding Principles for the Future of Foreclosure Prevention
The Consumer Financial Protection Bureau (CFPB) issued a press release outlining consumer protection principles for mortgage servicers, investors, government housing agencies and policymakers as they develop new foreclosure relief solutions.
2 Aug 2016