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HUD Extends Deadline for HECMs in Default

DS News published an article discussing an announcement by the U.S. Department of Housing and Urban Development (HUD) to extend the deadline for the submission of payable requests for home equity conversion mortgages (HECMs) that defaulted on or after April 23, 2015, due to unpaid property charges.

23 Oct 2015

Mortgage Industry Harmed by Increased Regulation, Survey Finds

DS News published an article discussing the results of the Collingwood Group’s October 2015 Mortgage Industry Outlook Report.

22 Oct 2015

Foreclosure Data Has Significantly Improved From Crisis Peak Five Years Ago

DS News published an article discussing HOPE NOW’s data for August 2015.

21 Oct 2015

Fannie Mae Path to Approval Toolkit Updated

Fannie Mae announced that the Path to Approval Toolkit has been updated in connection with Servicing Guide Announcement SVC-2015-08, Servicer Eligibility and Oversight Requirements for prospective seller/servicers.

21 Oct 2015

FEMA Declared Disaster Washington

On October 20, 2015, FEMA issued a Presidential Major Disaster Declaration for areas in Washington as a result of wildfires and mudslides that took place August 9 to September 10, 2015.

20 Oct 2015

VA Circular 26-15-26 Title Documentation in Florida

The U.S. Department of Veterans Affairs (VA) released Circular 26-15-26. The circular provides guidance on the submission of title documents to VA’s property management contractor when conveying a property to VA in the State of Florida.

20 Oct 2015

CFPB Prepared Remarks of Richard Cordray at the Mortgage Bankers Association Annual Convention

The Consumer Financial Protection Bureau (CFPB) issued a press release containing the prepared remarks of Richard Cordray at the Mortgage Bankers Association Annual Convention.

19 Oct 2015

FHFA Prepared Remarks of Melvin Watt

The Federal Housing Finance Agency (FHFA) released the prepared remarks of Melvin L. Watt at the Mortgage Banker’s Association’s Annual Convention and Expo 2015.

19 Oct 2015

Remarks of Secretary Julian Castro Mortgage Bankers Association 2015 Annual Convention and Expo

The U.S. Department of Housing and Urban Development (HUD) released the prepared remarks of Julian Castro at the Mortgage Bankers Association 2015 Annual Convention and Expo.

19 Oct 2015

Law Will Help Cities Prevent Blight

The Sun Journal published an article by Maine Senator Nate Libby, author of ME LD 1203/SP 430, a recently enacted piece of legislation which will allow municipalities to provide for the care of abandoned properties before they become a threat to safety and surrounding property values.

16 Oct 2015

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