Archives For: Investor and Regulatory Updates
FHFA: Foreclosure Prevention Report – February 2020
The Federal Housing Finance Agency (FHFA) issued its February 2020 Foreclosure Prevention, Refinance and FPM Report.
14 May 2020
HUD: Ben Carson Congratulates Brian Montgomery on Deputy Secretary Confirmation
HUD Secretary Ben Carson applauded the confirmation of Brian D. Montgomery to serve as department deputy secretary. As the second most senior official at HUD, Mr. Montgomery will manage the day-to-day operations of the agency and will advise and assist the secretary in leading the department’s nearly 8,000 employees.
12 May 2020
FHA Single Family Housing COVID-19 Q&A
HUD enhanced its COVID-19 FAQ resource to include expanded guidance for a variety of categories related to lending/servicing.
11 May 2020
HUD: Interagency COVID-19 Servicer Fact Sheet
HUD published an informational resource created for servicers with loans insured or guaranteed by the Federal Housing Administration (FHA), Department of Veterans Affairs (VA) or Rural Housing Service (RHS).
6 May 2020
FHFA: New COO Announced
The Federal Housing Finance Agency (FHFA) announced that Kate Fulton will join the agency as chief operating officer on May 26.
27 Apr 2020
FHFA: Reporting by Regulated Entities of Stress Testing Results as of December 31, 2019
The FHFA announced that it issued orders with respect to stress test reporting as of December 31, 2019, under the Dodd-Frank Wall Street Reform and Consumer Protection Act, as amended by the Economic Growth, Regulatory Relief, and Consumer Protection Act.
27 Apr 2020
VA: Circular 26-20-16: Guidance for Non-Compliant Interest Rate Reduction Refinance Loans
The U.S. Department of Veterans Affairs (VA) issued a circular outlining expectations regarding loans that fail to meet the statutory requirements set forth in section 309 of Public Law 115-174, The Economic Growth, Regulatory Relief, and Consumer Protection Act.
20 Apr 2020
VA: Circular 26-18-5: Property Management and Servicing Contract
The U.S Department of Veterans Affairs (VA) updated a circular providing details concerning operational matters related to VA’s REO and direct loan portfolio, also known as VA’s National Portfolio, performed by Vendor Resource Management under the VA REO and Portfolio Servicing Contract.
20 Apr 2020
VA: Circular 26-18-3: Acceptance of Properties
The U.S Department of Veterans Affairs (VA) updated a circular providing guidance on requests for execution of documents related tothe conveyance or reconveyance of properties to the VA secretary to provide specific details to those authorized to sign documents for the secretary.
20 Apr 2020
FHFA: Foreclosure Prevention Report – January 2020
The Federal Housing Finance Agency (FHFA) published its January 2020 Foreclosure Prevention, Refinance and FPM Report.
10 Apr 2020