Archives For: Industry Alerts
WA HB 2723 Modifies Certain Provisions Governing Foreclosures
On March 31, Washington Governor Jay Inslee signed House Bill 2723, which modifies certain foreclosure fairness act provisions. The bill becomes effective June 12, 2014.
7 Apr 2014
FHLMC Guide Bulletin 2014-5 Commitment to Rural Housing
On April 1, Freddie Mac released an update titled Freddie Mac Reinforces Its Commitment to Rural Housing in Guide Bulletin 2014-5.
7 Apr 2014
HUD Announces Disaster Assistance for Washington Mudslide Victims
On April 3, the U.S. Department of Housing and Urban Development (HUD) issued a release titled HUD Secretary Announces Disaster Assistance for Washington Mudslide Victims.
7 Apr 2014
FEMA Declared Disaster Area Washington
On April 30, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Washington as a result of flooding and mudslides beginning on March 22.
3 Apr 2014
FEMA Declared Disaster Area North Carolina
On March 31, FEMA issued a Presidential Major Disaster Declaration for areas in North Carolina as a result of a severe winter storm March 6-7.
2 Apr 2014
WV SB 600 Regulates Maintenance and VPR of Uninhabitable Properties
On March 6, West Virginia SB 600 passed the House and went before Governor Earl Ray Tomblin for consideration. Governor Tomblin signed the bill on March 28 and it goes into effect June 4. The bill clarifies responsible parties for compliance with municipal ordinances regarding the registration, maintenance, and regulation of dwellings unfit for habitation, vacant buildings, and vacant properties.
2 Apr 2014
Fannie Mae Issues SVC-2014-05 Modification Updates, Two Servicing Notices
On March 28, Fannie Mae issued Servicing Guide Announcement SVC-2014-05 regarding standard and streamlined modification updates, as well as servicing notices pertaining to mortgage loan reporting and allowable foreclosure attorney fees.
2 Apr 2014
FHLMC Guide Bulletin 2014-4 Revised Requirements for Modifications
On March 28, Freddie Mac issued Guide Bulletin 2014-4 regarding revised requirements for standard and streamlined modifications.
2 Apr 2014
VA Circular 26-14-9 Mandatory Stacking Order for VA Loan Review
On March 27, the Department of Veterans Affairs (VA) issued Circular 26-14-9 subtitled VA Loan Full File Loan Review – File Upload Stacking Order.
2 Apr 2014
Fannie Mae Extends Incentive Program For HomePath Properties
On March 27, Fannie Mae published a release titled Fannie Mae Extends Incentive Program For HomePath Properties.
28 Mar 2014