Archives For: coronavirus
OCC: Coronavirus COVID-19 Information Page Released
The Office of the Comptroller of the Currency (OCC) announced the availability of a web page containing actions and guidance relating to the Coronavirus COVID-19 outbreak. Included is the office’s latest bulletin (2020-15), which encourages banks to take steps to meet the financial services needs of customers adversely affected by virus-related issues.
16 Mar 2020
FEMA Emergency Declaration Coronavirus COVID-19
FEMA issued a nationwide Emergency Declaration in response to the ongoing Coronavirus COVID-19 pandemic.
13 Mar 2020
HUD: FHA INFO #20-20: Continuation of FHA Single Family Business Operations Related to COVID-19
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-20. Included is guidance relating to FHA single family business operations as well as a temporary partial waiver of servicing requirements regarding face-to-face borrower contact amid the Coronavirus COVID-19 outbreak.
13 Mar 2020
Miami-Dade County to Suspend Eviction Notices
The Miami-Dade County (FL) Police Department has announced the temporary suspension of all eviction activities due to the Coronavirus COVID-19 emergency.
12 Mar 2020
FHFA: Statement from Director Mark Calabria
The Federal Housing Finance Agency (FHFA) issued a statement from Director Mark Calabria reminding servicers that hardship forbearance is an option for borrowers who are unable to make their monthly mortgage payments due to impacts from the coronavirus.
10 Mar 2020
San Jose Moves Forward with Moratorium on Evictions
The Mercury News published an article outlining a decision by San Jose, Calif., officials to begin a temporary moratorium on the evictions of tenants facing significant financial burdens due to the Coronavirus COVID-19 global pandemic.
10 Mar 2020
HUD: FHA INFO #20-18: Loss Mitigation Home Retention Options for Assisting Borrowers
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-18.
9 Mar 2020
Federal Reserve: COVID-19 Joint Press Release
The Federal Reserve issued a joint press release with federal institution regulators encouraging financial institutions to meet needs of customers affected by coronavirus.
9 Mar 2020
Fannie Mae: Reminder of Servicing Policy to Assist Borrowers Impacted by Coronavirus
Fannie Mae issued a reminder to servicers that forbearance is an option (in accordance with existing policies) to assist borrowers impacted by a temporary hardship.
5 Mar 2020
HUD: FHA INFO #20-16: Coronavirus Information Available
On March 3, the U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-16.
3 Mar 2020