Archives For: Featured Resources
Assemblyman Introduces Foreclosure Relief
LI HERALD.COM released an article discussing the introduction of legislation by New York State Assemblyman Brian Curran (Lynbrook-21st A.D.) that would provide eligible New York State homeowners affected by Hurricane Sandy with more time to receive entitled funds during foreclosure proceedings.
16 Sep 2015
Fannie Mae LL-2015-04 Nevada HOA Litigation
Fannie released Lender Letter LL-2015-04. The letter reminds servicers of their obligation to escalate non-routine litigation to Fannie Mae.
16 Sep 2015
HUD Announces Relief for Victims of Hurricane Sandy
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing a decision to not require repayment of “duplicate” benefits from thousands of New York and New Jersey homeowners affected by Hurricane Sandy.
16 Sep 2015
Nevada Supreme Court Allows Pursuit of Deficiency Judgments Following Out-of-State Non-Judicial Foreclosure Sales
The National Law Review released an article authored by Mona L. Burton (Partner), Kirk S. Cheney (Associate) and Clarissa M. Collier (Associate) of Holland & Hart LLP. In it, a recent ruling from the Supreme Court (Branch Bank and Trust Company v. Windhaven & Tollway, LLC) regarding deficiency judgements is discussed.
15 Sep 2015
Notice Requirements for Protection of Tenants in Foreclosure Actions
Attorney James T. Martin of Poyner Spruill LLP authored an article discussing the passage of North Carolina Session Law 2015-178 HB 174, titled “Notice Requirements for Protection of Tenants in Foreclosure Actions”.
15 Sep 2015
FHFA Issues Update on the Common Securitization Platform
The Federal Housing Finance Agency (FHFA) released An Update on the Common Securitization Platfrom. The update details progress made in the development of a new infrastructure for the securitization of single-family mortgages by Fannie Mae and Freddie Mac.
15 Sep 2015
Freddie Mac: Check Out New Helpful Tips on Our Investor Reporting Web Page
Freddie Mac issued a release announcing updates made to its Investor Reporting Web page.
15 Sep 2015
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