Archives For: Industry Updates
OCC: Organizational Change Announcement
The Office of the Comptroller of the Currency (OCC) announced structural changes intended to enhance its efficiency and effectiveness.
6 Jul 2021
CFPB: Landlords and Agencies to Report Rental Information Accurately
The Consumer Financial Protection Bureau (CFPB) released an enforcement compliance bulletin reminding landlords, consumer reporting agencies and others of their critical obligations to accurately report rental and eviction information.
1 Jul 2021
Supreme Court, FHFA Back Tenant and Homeowner Protections
DS News reported that the U.S. Supreme Court has denied a request to invalidate the Centers for Disease Control and Prevention’s (CDC) moratorium on evictions.
30 Jun 2021
CFPB: Federal Servicing Regulation Amendments Issued
The Consumer Financial Protection Bureau (CFPB) finalized amendments to federal mortgage servicing regulations to reinforce the ongoing economic recovery as the federal foreclosure moratoria are phased out.
28 Jun 2021
Biden Nominates Two for Top HUD Roles
DS News published an article providing an overview of HUD leadership role nominees from President Joe Biden.
28 Jun 2021
CDC Extends Eviction Moratorium Through July 31
Media outlets are reporting that the Centers for Disease Control and Prevention (CDC) has extended its federal moratorium on eviction for non-payment of rent through July 31.
24 Jun 2021
HUD: Updated Servicing and Loss Mitigation Section of Handbook 4000.1
The U.S. Department of Housing and Urban Development (HUD) delayed the effective date for policy changes published to Section III (Servicing and Loss Mitigation), Appendix 4.0 (FHA-HAMP Calculations) and Appendix 5.0 (Schedule of Standard Possessory Action and Deed-In-Lieu of Foreclosure Attorney Fees) of Single Family Housing Policy Handbook 4000.1.
24 Jun 2021
Waters Seeks Extension of Federal Foreclosure Moratoria
DS News has reported that Rep. Maxine Waters, Chairwoman of the House Financial Services Committee, has sent a letter to HUD, USDA, VA, CFPB, and FHFA requesting that these agencies extend their moratoria on foreclosures at least until the CFPB is able to finalize and implement its pandemic recovery mortgage servicing rule.
22 Jun 2021
HUD: Disaster Recovery Funds for Puerto Rico and USVI
The U.S. Department of Housing and Urban Development (HUD) published a Federal Register notice governing the use of $2 billion in Community Development Block Grant Disaster Recovery (CDBG-DR) funds for electric power system enhancements and improvements for Puerto Rico and the U.S. Virgin Islands.
21 Jun 2021
HUD: Adrianne Todman Sworn in as Deputy Secretary
The U.S. Department of Housing and Urban Development (HUD) announced that Adrianne Todman was officially sworn in as the twelfth deputy secretary of housing and urban development.
14 Jun 2021