Archives For: August 2019
Tropical Storm Dorian Approaching Puerto Rico, May Become Hurricane
FEMA issued an update to a Presidential Major Disaster Declaration for areas in North Carolina affected by Hurricane Dorian from September 1 to September 9, 2019.
17 Oct 2019
FEMA Declared Disaster Wisconsin
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Wisconsin affected by severe storms, tornadoes, straight-line winds and flooding that took place July 18-20, 2019.
17 Oct 2019
FEMA Declared Disaster Louisiana
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Louisiana affected by Hurricane Barry from July 10-15, 2019.
10 Oct 2019
VA: Circular 26-19-24: Servicer Loss Mitigation Letters on Delinquent Loans
The U.S. Department of Veterans Affairs (VA) issued Circular 26-19-24 – Change 2.
25 Sep 2019
OCC Allows National Banks and Federal Savings Associations Affected by Hurricane Dorian in Southeast United States to Close
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices in the Southeast region of the U.S. that have been affected by Hurricane Dorian.
30 Aug 2019
OCC Bulletin 2016-20: Flood Disaster Protection Act
The Office of the Comptroller of the Currency (OCC) issued a bulletin outlining revised interagency Flood Disaster Protection Act (FDPA) examination procedures that reflect private flood insurance requirements that became effective on July 1, 2019.
27 Aug 2019
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a VALERI Special Announcement announcing an additional extension for required servicer documentation relating to Adequacy of Servicing (AOS) processes.
16 Aug 2019
FEMA Declared Disaster New Hampshire
FEMA issued a Presidential Major Disaster Declaration for areas in New Hampshire affected by severe storms and flooding that took place July 11-12, 2019.
15 Aug 2019
FHFA: Fannie Mae and Freddie Mac Dodd-Frank Act Stress Test Results
The Federal Housing Finance Agency (FHFA) released a report providing results of the annual stress tests Fannie Mae and Freddie Mac are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
15 Aug 2019
Freddie Mac: FHLMC Guide Bulletin 2019-18: Servicing Updates
Freddie Mac issued a release announcing servicing updates that will provide greater flexibility and opportunities for operational efficiency.
14 Aug 2019