Archives For: default
Urban Institute: Streamlined Home Refinancing Program Potential Benefits
The Urban Institute published a blog post reflecting on the success of the Home Affordable Refinance Program (HARP) and exploring how the introduction of a similar program could help borrowers today.
8 Apr 2021
NYDFS: Fees Paid to Register Mortgages in Default Guidance
The New York State Department of Financial Services (NYDFS) issued guidance to state-regulated mortgage lenders and servicers pertaining to fees paid to register mortgages in default. The guidance outlines a compliance requirement for mortgagees under the supervision of the NYDFS to remove and reverse any and all registration fees charged to the mortgagor’s account for properties registered in the State of New York.
1 Sep 2020
Servicers Treating Government Shutdown Like a Natural Disaster
National Mortgage News published an article discussing ways mortgage servicers are engaging the current federal government shutdown.
4 Jan 2019
Freddie Mac: Electronic Default Reporting Updates
Freddie Mac issued a release announcing upcoming changes to simplify Electronic Default Reporting (EDR).
16 Nov 2018
Freddie Mac: Clarification on EDR Default Action Codes for Extend Modification
Freddie Mac issued a release clarifying required Electronic Default Reporting (EDR) default action notification codes for borrower Trial Period Plans for the Extend Modification for Disaster Relief.
1 Mar 2018
Appeals Court Expands Ohio Statute of Limitations Decision
DS News published an article discussing a recent action by the Ohio Eighth District Court of Appeals.
30 Jan 2018
M&T Bank Helps Unemployed Borrowers
On November 21, DSNews published an article titled M&T Bank Takes Action to Help Unemployed Borrowers.
31 Dec 2013
New Wave of U.S. Mortgage Trouble Threatens
On November 26, Reuters published an article titled Insight: A New Wave of U.S. Mortgage Trouble Threatens.
27 Nov 2013
HUD ML 2013-39 Methods of Communication With Borrowers
On October 28, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2013-39, subtitled Methods of Communication With Borrowers.
4 Nov 2013
Hurricane Sandy One Year Later
On October 30, New York Daily News published an article titled Hurricane Sandy One Year Later.
30 Oct 2013