Archives For: 2020
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
The latest episode of DS5’s Inside the Industry featured Safeguard Properties Director of Client Account Management Elizabeth Squires, who discussed the impact of COVID-19 on property preservation and foreclosure volumes.
11 Dec 2020
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
According to news outlets, President-Elect Joe Biden has reportedly selected Ohio congresswoman Marcia Fudge to serve as secretary for the U.S. Department of Housing and Urban Development (HUD). DS News offers a summary of media coverage.
8 Dec 2020
The Weather Channel published a report providing the latest on a powerful winter storm that swept through the Northeast U.S.
7 Dec 2020
Freddie Mac announced the launch of its Unified Counterparty Experience System® (UCount), a user-friendly platform allowing the submission of information formerly provided through Guide Forms 16SF (Annual Eligibility Certification Report), 1107SF (Seller/Servicer Change Notification Form) and the Annual Eligibility Website.
7 Dec 2020
The Office of the Comptroller of the Currency (OCC) announced the appointment of two executives to the agency’s Executive Committee.
7 Dec 2020
The Federal Housing Finance Agency (FHFA) announced that Principal Deputy Director Adolfo Marzol will retire on December 18, 2020. Chris Bosland, FHFA senior advisor for regulation, will succeed Marzol as principal deputy director.
4 Dec 2020
The Federal Housing Finance Agency (FHFA) issued the statement of Director Mark A. Calabria at the Financial Stability Oversight Council Principals Meeting.
3 Dec 2020
The U.S. Department of Housing and Urban Development (HUD) published Mortgagee Letter 2020-42, which provides the calendar year 2021 maximum claim amount for FHA-insured traditional Home Equity Conversion Mortgages (HECM), HECM for purchase, and HECM-to-HECM refinances.
2 Dec 2020