Archives For: Investor and Regulatory Updates
FHA INFO #20-95: FHA Extends the Expiration Dates for Multiple COVID-19 Related Policies
The Federal Housing Administration (FHA) announced extensions to several temporary provisions previously
instituted through Mortgagee Letters and policy waivers to help mitigate the impacts of the COVID-19 pandemic on borrowers with FHA-insured mortgages and mortgagees.
21 Dec 2020
FHFA: Foreclosure Prevention Report – Third Quarter 2020
The Federal Housing Finance Agency (FHFA) issued its third quarter 2020 Foreclosure Prevention, Refinance and FPM Report.
17 Dec 2020
FHFA: 2021 Housing Goals for Fannie Mae and Freddie Mac Proposed
The Federal Housing Finance Agency (FHFA) issued its final rule on the 2021 housing goals for Fannie Mae and Freddie Mac.
16 Dec 2020
FHA INFO #20-94: FHA Catalyst: Claims Module Now Accepting All FHA Forward Mortgage Claim Types
The U.S. Department of Housing and Urban Development (HUD) announced the addition of the remaining single family forward mortgage claim types within the FHA Catalyst Claims Module.
16 Dec 2020
Fannie Mae: December AAA Matrix Updates
Fannie Mae announced that all AAA matrices have been updated as of December 16, 2020.
16 Dec 2020
FHFA: Non-performing Loan Sales Report – December 2020
The Federal Housing Finance Agency (FHFA) released its report on the sale of non-performing loans by Fannie Mae and Freddie Mac.
15 Dec 2020
MHA: End of Year 2020 HAMP Reporting System Availability
MHA issued a release reminding users that the standard hours of operation for the HAMP Reporting System will be adjusted for end of year 2020.
14 Dec 2020
HUD: FHA INFO #20-92: Wire Transfers for Secretary-Held HECMs and Partial Claims
The U.S. Department of Housing and Urban Development (HUD) announced that all payoffs for secretary-held HECMs and partial claims must be sent to its loan servicing contractor, Novad Management Consulting, in the form of certified funds, such as a cashier’s check.
9 Dec 2020
Freddie Mac: FHLMC Guide Bulletin 2020-46: Servicing Updates
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium, updates to requirements for borrower-requested cancellation of borrower-paid mortgage insurance, Decision Insights for short sale exceptions, updates to Automated Clearing House authorization forms and more.
9 Dec 2020
Fannie Mae: SVC-2020-07: Servicing Guide Updates
Fannie Mae announced that it is removing the property-level earthquake insurance requirement on mortgage loans on all Puerto Rico properties and on Guam properties constructed of masonry.
9 Dec 2020