Archives For: Featured Resources
Foreclosure Mortgage Fraud Bill Introduced in Illinois
IL HB 6619 had its first reading and was referred to the Rules Committee on November 2, 2016.
2 Nov 2016
Fannie Mae: Principal Reduction Modifications and Servicer Forums on Fannie Mae Changes to Investor Reporting
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
2 Nov 2016
HUD Mortgagee Letter 2016-17: National Servicing Center Address Change for the Tulsa, Oklahoma Office
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2016-217. The letter notifies mortgagees of an address change for FHA’s National Servicing Center (NSC) Branch, located in Tulsa, Oklahoma.
2 Nov 2016
Freddie Mac Confirms Disaster Relief Available to Eligible Borrowers Impacted by Hurricane Matthew
Freddie Mac issued a press release confirming that its full menu of disaster relief policies is available to homeowners whose homes were damaged or destroyed by Hurricane Matthew.
1 Nov 2016
FEMA Declared Disaster Iowa
On October 31, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Iowa as a result of severe storms and flooding that took place September 21 to October 3, 2016.
31 Oct 2016
GAO-16-801: Home Mortgage Guarantees: Issues to Consider in Evaluating Opportunities to Consolidate Two Overlapping Single-Family Programs
The U.S. Government Accountability Office (GAO) released GAO-16-801, a report discussing findings from a comparison of the Rural Housing Service (RHS) and the Federal Housing Administration (FHA).
31 Oct 2016
FEMA Declared Disaster Georgia
On October 27, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia affected by Hurricane Matthew between October 4-15, 2016.
27 Oct 2016
Boomerang Buyers Dust Themselves Off to Re-enter Market
DS News published an article discussing the 2.5 million consumers who are set to potentially re-enter the mortgage market in 2017.
27 Oct 2016
Ninth Circuit Holds That Enforcing a Security Interest is Not Necessarily Debt Collection
The National Law Review published an article authored by Mark G. Rackers and Shannon Z. Petersen of Sheppard Mullin Richter & Hampton LLP. The article discusses the United States Court of Appeals for the Ninth Circuit’s affirmation that activities incident to the non-judicial foreclosure of a deed of trust under California state law is not “debt collection” within the scope of the Fair Debt Collection Practices Act.
27 Oct 2016
Treasury: Here?s What Housing Reform Should Look Like
DS News published an article discussing a recent commentary by U.S. Department of the Treasury Counselor Antonio Weiss and Assistant Secretary for Economic Policy Karen Dynan.
27 Oct 2016