Archives For: Featured Resources
FHFA Announces Principal Reduction Modification Program and Further Enhancements to NPL Sales Requirements
The Federal Housing Finance Agency (FHFA) issued a news release announcing that Fannie Mae and Freddie Mac will offer principal reduction to certain seriously delinquent, underwater borrowers in order to help them avoid foreclosure.
14 Apr 2016
FHLMC Guide Bulletin 2016-07: Freddie Mac Principal Reduction Modification
Freddie Mac issued a release announcing its Principal Reduction Modification.
14 Apr 2016
MHA HAMP Reporting Update August 2016 Release Communications Plan Posted
Making Home Affordable (MHA) issued a HAMP Reporting Update announcing the availability of the communications plan for the August 2016 Release.
14 Apr 2016
Foreclosed Homeowners Shun Mortgages for Renting: Study
The Pittsburgh Post-Gazette published an article discussing recently released data from the Urban Institute’s Housing Finance Policy Center.
12 Apr 2016
Ashland Joins County Land Bank
Republicanherald.com published an article discussing the decision of Ashland, PA to become a member of the Schuylkill County Land Bank.
11 Apr 2016
FEMA Declared Disaster Virginia
On April 11, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Virginia as a result of a severe winter storm and snowstorm that took place January 22-23, 2016.
11 Apr 2016
Senate Version of Grayson Bill Protecting Veterans From Foreclosure Passes House
The office of Congressman Alan Grayson (D-FL09) issued a press release announcing the signing of S. 2393 into law by President Obama (“Foreclosure Relief and Extension for Servicemembers Act of 2015”).
11 Apr 2016
Amidst the Walking Dead: Judicial and Nonjudicial Approaches for Eradicating Zombie Mortgages
The Emory Law Journal published an article authored by Executive Managing Editor Andrea Clark. In it, Clark explores the different circumstances that can bring about the creation of zombie mortgages.
11 Apr 2016
Topeka Touts Legislation to Aid in Taking Control of Abandoned Property
The office of Governor Sam Brownback issued a press release addressing the veto of KS SB 338.
11 Apr 2016
GAO-16-278: Nonbank Mortgage Servicers: Existing Regulatory Oversight Could Be Strengthened
The U.S. Government Accountability Office (GAO) released GAO-16-278, a report examining recent trends in mortgage servicing and the oversight framework in which non-bank servicers operate.
11 Apr 2016