Archives For: Featured Resources
USDA: Loss Mitigation Mandatory Waiver, 7 Code of Federal Regulations (CFR) 3555, Sec 3555.301(h)
The U.S. Department of Agriculture (USDA) released a single family housing update mandating the use of a loss mitigation waiver effective August 1, 2016.
28 Apr 2016
Fannie Mae Single Family Servicing News: New Look, Improved Website, Enhanced Materials
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
27 Apr 2016
Processing a Fannie Mae Principal Reduction Modification Job Aid
Fannie Mae released a new job aid in conjunction with Lender Letter LL-2016-02.
27 Apr 2016
NC Senate Bill Targets Squatters Using Foreclosed Homes
The News & Observer published an article discussing NC SB 754 (“Prevent Squatting in Foreclosed Real Property”), which has been introduced into the North Carolina Legislature.
26 Apr 2016
New Law to Help Louisville Deal with Blighted Property
WDRB.com posted an article discussing KY SB 230, a bill aimed at reducing costs for utilizing eminent domain.
21 Apr 2016
CFPB Official Previews Final Mortgage Servicing Rule
National Mortgage News published an article discussing the Consumer Financial Protection Bureau’s (CFPB) second round of mortgage servicing rules, which are expected to be finalized in July.
21 Apr 2016
FEMA Declared Disaster Louisiana
On April 20, 2016, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Louisiana as a result of severe storms and flooding that took place March 8 to April 8, 2016.
20 Apr 2016
Fannie Mae Single-Family Servicing News: Visit Fannie Mae at MBA Secondary
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
20 Apr 2016
FHA INFO #16-26: Single Family Housing Policy Handbook: Draft Title I Section Posted Today for Feedback
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-26.
20 Apr 2016
USDA: REVISED: Resource Assistance Document and Quick Reference
The U.S. Department of Agriculture (USDA) released a single family housing update featuring revised documents.
20 Apr 2016