Archives For: 2020
FHFA: Mortgage Analytics Platform (Version 2.0)
The Federal Housing Finance Agency (FHFA) published a white paper updated to include two major changes to its Mortgage Analytics Platform.
21 May 2020
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
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
CFPB: Mortgage Loan Transfer Process to Prevent Consumer Harm
The CFPB has outlined practices to provide mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages.
24 Apr 2020
Maine Law to Allow Mortgagees to Enter Vacant Properties
Recently, LD 1963/HP 1407 (An Act to Preserve the Value of Abandoned Properties by Allowing Entry by Mortgagees) was signed by Maine Governor Janet T. Mills. Taking effect on June 15 2020,, the bill amends provisions of state law that set the process by which a plaintiff in a foreclosure action may enter property that has been abandoned by the homeowner.
10 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
CFPB: RFI to Assist Taskforce on Federal Consumer Financial Protection Law
The Consumer Financial Protection Bureau issued a request for information (RFI) to assist the Taskforce on Federal Consumer Financial Law with recommendations on harmonizing, modernizing, and updating federal consumer financial laws.
27 Mar 2020