Archives For: 2018

FEMA Declared Disaster Havasupai Tribe (Arizona)

FEMA issued a Presidential Major Disaster Declaration for the Havasupai Tribe (Arizona) as a result of severe storms, flooding and landslides that took place July 11-12, 2018.

31 Aug 2018

Fannie Mae: New Field in LoanSphere Invoicing; plus AAA Matrix Updates

Fannie Mae issued a release highlighting information relevant to servicers and sellers.

29 Aug 2018

USDA: Proposed Rule – Streamlining the Loss Claims Process

The U.S. Department of Agriculture (USDA) announced that a proposed rule published in the Federal Register is seeking comments on proposed changes to streamline the loss claim process for lenders who have acquired title to property through voluntary liquidation or foreclosure; clarify that lenders must comply with applicable laws, including those within the purview of the Consumer Financial Protection Bureau; and better align loss mitigation policies with those in the mortgage industry.

23 Aug 2018

FHFA: Fannie Mae and Freddie Mac to Conclude Single-Family Rental Pilot Programs

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will conclude their single-family rental pilot programs and then terminate their participation in the single-family rental market except through their previously existing investor programs – Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages.

21 Aug 2018

FEMA Declared Disaster Connecticut

FEMA issued a Presidential Major Disaster Declaration for areas in Connecticut affected by severe storms, tornadoes and straight-line winds that took place May 15, 2018.

20 Aug 2018

FEMA Declared Disaster Confederated Tribes of the Colville Reservation (Washington)

FEMA issued a Presidential Major Disaster Declaration for the Confederated Tribes of the Colville Reservation (Washington) as a result of flooding that took place May 5-28, 2018.

17 Aug 2018

FHFA: Refinance Report – Second Quarter 2018

The Federal Housing Finance Agency (FHFA) issued its second quarter 2018 Refinance Report.

16 Aug 2018

Freddie Mac: Reminder: Plan for MERS System Migration

Freddie Mac issued a release outlining an upcoming MERSCORP Holdings, Inc. system migration.

16 Aug 2018

Fannie Mae: SVC-2018-05: Servicing Guide Updates

Fannie Mae issued a release announcing several updates to its Property Preservation Matrix and Reference Guide. Included is clarification of policies for inspecting and preserving properties impacted by a disaster.

15 Aug 2018

FEMA Declared Disaster Wisconsin

FEMA issued a Presidential Major Disaster Declaration for areas in Wisconsin affected by severe storms, straight-line winds and flooding that took place June 15-19, 2018.

10 Aug 2018

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