Archives For: Industry Alerts
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
Maxine Waters Releases GSE Reform Bill to Unwind Fannie, Freddie
On March 27, National Mortgage News published an article titled Waters Releases GSE Reform Bill to Unwind Fannie, Freddie.
28 Mar 2014
Residential Rental Investors Form Trade Group
On March 26, Mortgage Daily published an article titled Residential Rental Investors Form Trade Group.
27 Mar 2014
CO Foreclosure Bills HB14-1295, HB14-1312 Pass House
On March 25, Denver Business Journal posted a blog titled House Passes Foreclosure Bills to Help Colorado Homeowners.
26 Mar 2014
HUD: Vacant and Abandoned Properties: Turning Liabilities Into Assets
The Office of Policy Development and Research (PD&R), within the U.S. Department of Housing and Urban Development (HUD), released a policy update titled Vacant and Abandoned Properties: Turning Liabilities Into Assets.
26 Mar 2014
Weight of Foreclosure and Ohio HB 223
On March 16, Akron Beacon Journal published an article titled Weight of Foreclosure.
26 Mar 2014