Archives For: Investor and Regulatory Updates
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
MHA: HAMP Update: System Maintenance Outage
Making Home Affordable (MHA) issued Release Notes for a system update scheduled to take place on April 27, 2020.
9 Apr 2020
FHFA: Extended Comment Period for Proposed Minimum Financial Eligibility Requirements for Fannie Mae and Freddie Mac Seller/Servicers
The Federal Housing Finance Agency (FHFA) announced a 30-day extension on the comment period for a proposed update to the minimum financial eligibility requirements for Fannie Mae and Freddie Mac seller/servicers.
31 Mar 2020
Freddie Mac: FHLMC Guide Bulletin 2020-06: Payment Deferral
On March 25, Freddie Mac announced the introduction a payment deferral relief option that can help homeowners with an early delinquency due to a short-term hardship situation that has since been resolved.
25 Mar 2020
FHFA: Stress Testing of Regulated Entities
The Federal Housing Finance Agency (FHFA) announced the adoption of a final rule that amends its stress testing rule, consistent with section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act.
24 Mar 2020