Archives For: December 2019
FHFA: Non-performing Loan Sales Report – December 2019
The Federal Housing Finance Agency (FHFA) released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac.
1 Jun 2020
FEMA Declared Disaster Mississippi
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi affected by a severe storm, straight-line winds and flooding that took place October 26, 2019.
8 Jan 2020
FEMA Declared Disaster New York
FEMA issued a Presidential Major Disaster Declaration for areas in New York affected by severe storms, straight-line winds and flooding that took place October 31 to November 1, 2019.
19 Dec 2019
Fannie Mae: Servicer Expense Reimbursement Job Aid Now Available
On December 18, Fannie Mae announced the availability of job aid relating to its ability to copy and resubmit claims on behalf of servicers, a new “Not Yet Recovered” drop-down option, HOA, COA & Co-Op dues, and property/insurance policies.
18 Dec 2019
Fannie Mae: LoanSphere Invoicing Line Item Updates
Fannie Mae announced that effective February 27, 2020, the LoanSphere Invoicing application will be updated with a new line item for the following reimbursable expense: “Initial Grass Cut – Less than 10,000 sq ft”. Additionally, the “Lawn Care – Less than 10000 sq ft” line item will be deactivated.
18 Dec 2019
Multiple Tornadoes Plow Across Deep South
The Weather Channel published a report outlining severe thunderstorm activity that spawned multiple tornadoes that caused major damage in several southern states.
17 Dec 2019
Severe Thunderstorms Damage Buildings, Topple Trees in Florida
The Weather Channel published a report outlining tornadic activity that caused widespread damage in portions of North and Central Florida.
14 Dec 2019
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing important information relating to VALERI reports and servicer department contacts.
10 Dec 2019
CFPB: Kraninger Marks First Year as Director of the Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) issued a news release highlighting the one year anniversary of Director Kathleen L. Kraninger leading the bureau.
10 Dec 2019
FEMA Declared Disaster Tennessee
FEMA issued a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms and straight-line winds that took place October 26, 2019.
6 Dec 2019