Archives For: Featured Resources
HUD Mortgagee Letter 2015-20: Revision of Notice to Occupants of Pending Acquisition (NOPA)
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-20. The letter provides a revised Sample Notice to Occupants of Pending Acquisition (NOPA) and to eliminate references to occupancy rights under the expired Protecting Tenants at Foreclosure Act (PTFA).
15 Sep 2015
MHA HAMP Reporting Update August 2015 UP Survey Now Available
Making Home Affordable (MHA) released a HAMP Reporting Update announcing the availability of the August 2015 UP Survey.
15 Sep 2015
Vacant Properties Part of City Blight Equation
St. Joseph News-Press released an article discussing the introduction of a bill by state Rep. Delus Johnson (R-MO) that would establish a land bank in St. Joseph, Missouri to fight blight.
12 Sep 2015
Fannie Mae Standard Modification Interest Rate Adjustment
Fannie Mae issued a release providing notification of the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications.
9 Sep 2015
Fannie Mae SVC-2015-12 Servicing Guide Updates
Fannie Mae released an announcement outlining several updates to its Servicing Guide, including adjustments to Standard and Streamlined Modifications and updates to the Application of Borrower HAMP Incentives.
9 Sep 2015
FHLMC Guide Bulletin 2015-15 Increasing Modification Eligibility and More
Freddie Mac issued a release announcing updates to borrower eligibility for modifications and requirements related to Freddie Mac Default Legal Matters.
9 Sep 2015
Fannie Mae: SMDU: A Helping Hand for Borrowers and Servicers
The Housing Industry Forum released an article discussing the benefits of the Servicing Management Default Underwriter (SMDU).
8 Sep 2015
GAO-15-631: Lender Placed Insurance: More Robust Data Could Improve Oversight
The U.S. Government Accountability Office (GAO) released GAO-15-631, a report discussing lender placed insurance (LPI) and the extent to which it is used.
8 Sep 2015
MHA HAMP Reporting Update Q3 2015 Base NPV Documentation Supplement Available
Making Home Affordable (MHA) released a HAMP Reporting Update announcing the availability of the Q3 2015 Base NPV Documentation Supplement for the Home Affordable Modification Program (HAMP).
8 Sep 2015
FEMA Declared Disaster Louisiana
On September 4, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in Louisiana as a result of severe storms and flooding May 18 to June 20, 2015.
4 Sep 2015