Archives For: CA
Calif. App. Court Rules Servicer and Investor Did Not Violate HBOR
Lexology posted a blog authored by Maurice Wutscher LLP Attorney Ernest Wagner. In it, Wagner outlines a recent California Fourth District Court of Appeals decision relating to the California Homeowner Bill of Rights (HBOR).
17 Dec 2018
VA: Circular 26-18-26: Special Relief Following California Wildfires
The U.S. Department of Veterans Affairs (VA) issued a circular that expresses concern about the VA home loan borrowers affected by the California wildfires, and describes measures mortgagees may employ to provide relief.
15 Nov 2018
Three California Wildfires Destroy Homes
Property damage continues to be sustained as the Camp, Woolsey and Hill fires spread across portions of California.
13 Nov 2018
FEMA Declared Disaster California
FEMA issued a Presidential Major Disaster Declaration for areas in California affected by wildfires beginning on November 8, 2018 and continuing.
12 Nov 2018
FEMA Declared Disaster California
FEMA issued an update to a Presidential Major Disaster Declaration for areas in California affected by wildfires and high winds that took place July 23 to September 19, 2018.
4 Oct 2018
Freddie Mac: Natural Disaster Relief Policies for Mortgage Assistance to Aid Those Affected by California Wildfires Released
Freddie Mac issued a press release confirming its disaster relief policies for people whose homes or places of employment have been affected by the ongoing, historic California wildfires.
8 Aug 2018
Fannie Mae: Reminder to Homeowners and Servicers of Mortgage Assistance Options for Areas Affected by the California Wildfires
Fannie Mae issued a press release reminding those impacted by the California wildfires of the options available for mortgage assistance.
7 Aug 2018
This California Town Will Give a $500 Monthly Stipend to Residents
CNN issued a report discussing a planned Universal Basic Income (UBI) initiative set to take place in Stockton, Calif., which aims to give 100 residents $500 a month for 18 months without any conditions. It appears that the funds could be utilized for mortgage payments, thereby mitigating mortgage delinquency and property abandoned.
9 Jul 2018
Fannie Mae: LAR 83 Changes Coming Soon; New Fraud Alert in California; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
30 Jun 2018
Waters Introduces Bill to Increase FHFA Foreclosure Oversight
HousingWire published an article outlining the introduction of H.R. 6102 (Homeowners Mortgage Servicing Fairness Act of 2018) by U.S. Representative Maxine Waters (D-CA) on June 14, 2018.
18 Jun 2018