Archives For: Featured Resources
FEMA Declared Disaster Mississippi
On January 7, FEMA issued a Presidential Major Disaster Declaration for areas in Mississippi as a result of severe storms and tornadoes December 23.
8 Jan 2015
MI HB 5794: Amending Procedural Requirements for Property Inspections During Redemption Periods
On December 29, MI HB 5794 was signed by the Governor of Michigan and on December 31 was assigned as Public Act 431 of 2014 with immediate effect.
8 Jan 2015
Too Late to Foreclose?
On December 30, Mike Provenzale, senior associate in the Creditor’s Rights practice area for Lowndes, Drosdick, Doster, Kantor & Reed, P.A. authored an article discussing the Florida statute of limitations for mortgage foreclosures and the question of timeframes for a second foreclosure suit after the first has been dismissed.
8 Jan 2015
Consumers Not Ready to Move on Housing Despite Improved Outlook on Economy
On January 7, Fannie Mae issued a news release outlining results from its December 2014 National Housing Survey.
8 Jan 2015
Fannie Mae Standard Modification Interest Rate Adjustment
On January 8, Fannie Mae released a Servicing Notice providing notification of the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications.
8 Jan 2015
GAO-15-197: Troubled Asset Relief Program: Treasury Continues to Wind Down Most Programs, but Housing Programs Remain Active
On January 6, the U.S. Government Accountability Office (GAO) released GAO-15-197, a report subtitled Troubled Asset Relief Program: Treasury Continues to Wind Down Most Programs, but Housing Programs Remain Active.
7 Jan 2015
Wisconsin Court of Appeals Rejects Publication Deadline For Residential Foreclosures
On December 15, Bradley, Arant, Boult, Cummings LLP published an Appellate Alert discussing the Wisconsin Court of Appeals’ decision in Bank of America, N.A. v. Prissel,-N.W.2d-Nos. 2014AP642 & 2014AP647.
30 Dec 2014
OCC Mortgage Metrics Report: 93.0 Percent of Mortgages Current at End of Third Quarter
On December 19, the Office of the Comptroller of the Currency (OCC) issued a news release titled OCC Reports Mortgage Performance Improvement Continues.
30 Dec 2014
Six Federal Agencies Jointly Approve Final Risk Retention Rule
On December 24, National Mortgage News published an article titled Federal Regulators Publish Final Risk-Retention Rule.
29 Dec 2014
Massachusetts Supreme Judicial Court Invalidates Two Springfield Anti-Foreclosure Ordinances
On December 19, MassLive.com released an article titled SJC rules against Springfield in foreclosure ordinance case.
24 Dec 2014