Archives For: Industry Alerts
FHFA Directs Fannie and Freddie to Restrict Lender-Placed Insurance
On November 5, the Federal Housing Finance Agency (FHFA) released an update titled FHFA Directs Fannie Mae and Freddie Mac to Restrict Lender-Placed Insurance Practices.
5 Nov 2013
HUD ML 2013-40 Loss Mitigation During Foreclosure Process
On November 1, the U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2013-40, subtitled Loss Mitigation During the Foreclosure Process.
5 Nov 2013
OCC Bulletin 2013-29: Guidance on Third-Party Relationships
On October 30, the Office of the Comptroller of the Currency (OCC) released a statement titled Office of the Comptroller of the Currency Releases Guidance on Third-Party Relationships.
5 Nov 2013
Detroit, MI Ordinance ‘Restoring Our Communities’ Aimed At Redeveloping
On October 17, mLIVE.com published an article titled ‘Restoring Our Communities’ Policy Package Aimed At Redeveloping Detroit Beyond Midtown And Downtown.
4 Nov 2013
FEMA Declared Disaster Area North Dakota
On October 31, FEMA issued a Presidential Major Disaster Declaration for areas in North Dakota as a result of a severe winter storm October 4-5.
4 Nov 2013
MBA Asserts Path to GSE Reform Remains Muddled
On October 29, the Mortgage Bankers Association (MBA) published an article titled Path to GSE Reform Remains Muddled.
4 Nov 2013
HUD ML 2013-38 Single Family Foreclosure Policy
On October 28, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2013-38, subtitled Single Family Foreclosure Policy and Procedural Changes for HUD Title II Forward Mortgages and HECM Reverse Mortgages; Reasonable Diligence Requirements; HUD’s Schedule of Allowable Attorney Fees.
4 Nov 2013
HUD ML 2013-39 Methods of Communication With Borrowers
On October 28, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2013-39, subtitled Methods of Communication With Borrowers.
4 Nov 2013
FNMA SVC-2013-22 Miscellaneous Servicing Policy Changes
On October 30, Fannie Mae released Servicing Guide Announcement SVC-2013-22, subtitled Miscellaneous Servicing Policy Changes.
31 Oct 2013
MBA President Testifying Before Senate Banking Committee
On October 31, the Mortgage Bankers Association (MBA) released an update titled MBA’s Stevens to Testify Today Before Senate Banking Committee.
31 Oct 2013