Archives For: 2020
FHA INFO #21-05: Foreclosure and Eviction Moratorium Policy Extension
The FHA announced a moratorium of foreclosures and evictions for single family properties with FHA-insured mortgages through March 31, 2021.
21 Jan 2021
FHFA: 2021 Duty To Serve Underserved Market Plan
The Federal Housing Finance Agency (FHFA) published the 2021 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve program. The plans became effective on January 1, 2021.
5 Jan 2021
VA: Circular 26-20-40: Extended Foreclosure and Eviction Relief
The U.S. Department of Veterans Affairs (VA) announced extended foreclosure and eviction relief on properties secured by VA-guaranteed loans, including those previously secured by VA-guaranteed loans but currently in VA’s Real Estate Owned (REO) portfolio.
28 Dec 2020
Pinpointing Property Preservation Hot Topics
The latest Five Star Institute Property Preservation Executive Forum newsletter featured a special Q&A with Safeguard Properties CEO Alan Jaffa. In it, Jaffa highlights this year’s Property Preservation Conference (NPPC) and touches on expected trends for the mortgage field services industry in 2021.
28 Dec 2020
FHFA: COVID-19 Multifamily Forbearance Extension
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through March 31, 2021. The programs were set to expire December 31, 2020.
23 Dec 2020
USDA: Foreclosure and Eviction Moratorium Extension
The U.S. Department of Agriculture (USDA) announced that its foreclosure and eviction moratorium has been extended until February 28, 2021.
21 Dec 2020
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
Winter Storm Gail to Slam Northeast with Heavy Snow
The Weather Channel published a report outlining winter storm activity that produced record snowfall in the Northeast U.S.
17 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
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