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FEMA Declared Disaster Area Nevada

On November 6, FEMA issued a Presidential Major Disaster Declaration for areas in Nevada, as a result of severe storms and flooding September 7-9.

6 Nov 2014

Despite Q3 Decline, Zombie Foreclosure Problem Lingers In Many Areas

On October 31, DS News released an article discussing “zombie foreclosures” and their continued presence in areas around the country.

6 Nov 2014

HUD Releases Two Year Progress Report on Sandy Rebuilding Strategy

On October 29, the U.S. Department of Housing and Urban Development’s (HUD) Sandy Program Management Office (PMO) issued a news release presenting a report on the progress of the Sandy Rebuilding Strategy, released by the Hurricane Sandy Rebuilding Task Force in 2013.

6 Nov 2014

L.A. City Council Backs Proposal to Toughen Foreclosure Registry

On October 29, the Los Angeles Times published an article discussing the initial approval by the LA City Council of a measure that would strengthen the city’s foreclosure registry program.

5 Nov 2014

MHA Supplemental Directive 14-04 Making Home Affordable Program-Program Updates

On October 30, Making Home Affordable (MHA) issued an update titled Supplemental Directive 14-04: Making Home Affordable-Program Updates.

5 Nov 2014

FEMA Declared Disaster Area Hawaii

On November 3, FEMA issued a Presidential Major Disaster Declaration for areas in Hawaii as a result of the Pu’u ‘O’o volcanic eruption and lava flow beginning September 4, and continuing.

4 Nov 2014

Pennsylvania Rehabilitates the Abandoned and Blighted Property Conservatorship Act

On October 23, Dana Janquitto, associate with Reed Smith posted a Real Estate Legal Update regarding Pennsylvania HB 1362 (“An Act amending the act of November 26, 2008 (P.L. 1672, No. 135).

4 Nov 2014

Fannie Mae LL-2014-05 Suspension of Maryland Housing Fund as an Approved Mortgage Insurer

On October 28, Fannie Mae released Lender Letter LL-2014-05, subtitled Suspension of Maryland Housing Fund as an Approved Mortgage Insurer.

4 Nov 2014

Freddie Mac Industry Letter

On October 28, Freddie Mac published an Industry Letter to remind all customers to provide notification of ownership or organizational changes.

4 Nov 2014

Freddie Mac New Default Fee Appeal System

On October 27, Freddie Mac published an update titled Introducing the New Freddie Mac Default Fee Appeal System.

4 Nov 2014

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