Archives For: Featured Resources

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

Fannie Mae Lender Letter LL-2014-09: Updates to Foreclosure Bidding Instructions and Third Party Sales

On December 23, Fannie Mae released Lender Letter LL-2014-09, subtitled Updates to Foreclosure Bidding Instructions and Third Party Sales.

23 Dec 2014

Fannie Mae SVC-2014-22 Updates to the Fannie Mae MyCity Modification

On December 18, Fannie Mae released Servicing Guide Announcement SVC-2014-22, subtitled Updates to the Fannie Mae MyCity Modification.

23 Dec 2014

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