Archives For: Featured Resources
Fannie Mae: Servicer’s Obligation to Select and Retain Mortgage Default Counsel
Fannie Mae issued an update reminding servicers that all referrals after June 1, 2013, of Fannie Mae mortgage loans for default related legal services must be to law firms selected and retained pursuant to the requirements set forth in Servicing Guide A4-2.2-01.
6 Jan 2016
Freddie Mac Extends Mortgage Relief to Borrowers Affected by Mississippi Storms
Freddie Mac issued a news release announcing the availability of its full menu of disaster relief policies to homeowners affected by recent floods in Mississippi.
6 Jan 2016
MHA Update Making Home Affordable Program Handbook Version 5.0 and Administrative Clarifications Issued
Making Home Affordable (MHA) issued a MHA Update announcing the availability of the Making Home Affordable Program Handbook for Servicers of Non-GSE Mortgages (version 5.0) on HMPadmin.com.
6 Jan 2016
Fannie Mae Reminds Homeowners and Servicers of Options for Areas Affected by the Midwest Flooding
Fannie Mae issued a news release reminding servicers of existing guidelines that are in place to assist impacted borrowers that have been affected by natural disasters.
5 Jan 2016
Groups Cultivating Local Land Bank
Nwitimes.com published an article discussing the efforts of the Northwest Indiana Reinvestment Alliance and the Lake County Community Economic Development Department to create a land bank.
28 Dec 2015
No Fly Zone for Drones on Land Bank Properties
The Vineyard Gazette released an article discussing a decision by the Martha’s Vineyard Land Bank Commission to ban drones from its conservation property.
28 Dec 2015
Technical Amendments: FHFA Address and Zip Code Change
The Federal Housing Finance Agency (FHFA) has issued a final rule as a technical change to correct regulatory references to its address and postal zip code.
28 Dec 2015
MHA HAMP Reporting Update New Year’s Day Holiday Support and System Availability
Making Home Affordable (MHA) issued a HAMP Reporting Update outlining system availability during the New Year’s Day holiday.
28 Dec 2015
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) released a VALERI Servicer Newsflash (corrected version) containing information on the New Maximum Allowable Foreclosure Timeframes, Deficiency Waiver Letter Clairification, Appraisal Fees and VA Servicer Handbook, M26-4.
28 Dec 2015
Tampa Bay Nonprofits Rehabbing Foreclosed Homes Under Federal Program
The Tampa Tribune published an article discussing the Neighborhood Stabilization Initiative.
27 Dec 2015