Archives For: CA
California Law to Prevent Bulk Foreclosed Property Sales
California Governor signed SB 1079 (Residential property: foreclosure) into law. Taking effect on January 1, 2021, the law will prohibit bulk sales of foreclosed properties (one to four units).
28 Sep 2020
Freddie Mac Confirms Disaster Relief Policies for Homeowners Affected by Hurricane Sally and Wildfires
Freddie Mac issued a release reminding mortgage servicers of its disaster relief policies for homeowners amid Hurricane Sally and the ongoing wildfires threatening California and the Western states.
16 Sep 2020
Fannie Mae: Reminder of Assistance Options for Borrowers Affected by Hurricane Sally and West Coast Wildfires
Fannie Mae issued a release reminding those impacted by Hurricane Sally and the West Coast Wildfires of disaster relief options.
16 Sep 2020
VA: Circular 26-20-31: Special Relief Following California Wildfires
The VA issued a release that expresses concern about VA home loan borrowers affected by wildfires in California, and describes measures mortgagees may employ to provide relief.
27 Aug 2020
Freddie Mac Confirms Disaster Relief Policies As Hurricane Laura Approaches
Freddie Mac issued a release reminding mortgage servicers of its disaster relief policies for homeowners as Hurricane Laura makes landfall and amid wildfires threatening parts of California.
26 Aug 2020
Fannie Mae: Reminder of Assistance Options for Borrowers Affected by Hurricane Laura and California Wildfires
Fannie Mae issued a release reminding those impacted by Hurricane Laura and the California Wildfires of available mortgage assistance and disaster relief options.
26 Aug 2020
HUD: California Wildfire Disaster Assistance Announced
The U.S. Department of Housing and Urban Development (HUD) announced that it will deliver federal disaster assistance to the State of California and provide support to homeowners and low-income renters forced from their homes in areas affected by wildfires.
25 Aug 2020
High Tide Floods Southern California Coast
The Weather Channel published a report outlining coastal flooding that has impacted portions of Newport Beach, Calif.
4 Jul 2020
5.8 Magnitude Earthquake Strikes California, Shaking Felt in L.A. and Vegas
AccuWeather published a report outlining earthquake activity that originated approximately 12 miles from Lone Pine, Calif.
24 Jun 2020
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing a number of updates relevant to servicers. Included is guidance relating to North Carolina pre-foreclosure notice of hearing and Colorado foreclosure sales.
18 Jun 2020