Archives For: disaster relief
Freddie Mac Confirms Immediate Mortgage Relief Options for Homeowners Affected by Tornado Outbreaks
Freddie Mac today reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak of tornadoes in Kentucky and the surrounding areas.
14 Dec 2021
Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Assistance Options Following Recent Tornadoes in Central and Southern States
Fannie Mae is reminding homeowners and renters impacted by the recent tornadoes in communities across Kentucky, Missouri, Illinois, Tennessee, Arkansas and Mississippi of available mortgage relief options.
14 Dec 2021
Freddie Mac: Guide Bulletin 2021-24: Servicing Updates
Freddie Mac announced the upcoming expiration of the COVID-19 foreclosure moratorium, temporary changes to Freddie Mac Flex Modification® for Borrowers with a COVID-19 hardship and updates to PAID.
30 Jun 2021
Freddie Mac: Guide Bulletin 2021-23: COVID-19 Moratorium Extension
Freddie Mac announced an extended effective date (July 31, 2021) for the COVID-19 foreclosure moratorium.
24 Jun 2021
HUD: Disaster Recovery Funds for Puerto Rico and USVI
The U.S. Department of Housing and Urban Development (HUD) published a Federal Register notice governing the use of $2 billion in Community Development Block Grant Disaster Recovery (CDBG-DR) funds for electric power system enhancements and improvements for Puerto Rico and the U.S. Virgin Islands.
21 Jun 2021
Freddie Mac: Guide Bulletin 2021-08: Temporary Servicing Guidance
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium, expansion of the COVID‑19 forbearance plans, expansion of the COVID-19 payment deferral and clarification regarding Freddie Mac Flex Modification® eligibility for borrowers with a COVID-19 hardship.
25 Feb 2021
Freddie Mac: FHLMC Guide Bulletin 2021-06: Temporary Servicing Guidance
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium and temporary updates to forbearance plans for borrowers with a COVID-19 hardship and to the COVID-19 Payment Deferral.
10 Feb 2021
Freddie Mac: FHLMC Guide Bulletin 2021-05: Servicing Updates
Freddie Mac announced updates to Exhibit 40, escrow account requirements, requirement flexibilities for Community Land Trust Mortgages, updates to depository accounts risk threshold and more.
10 Feb 2021
Freddie Mac: FHLMC Guide Bulletin 2021-3: Moratorium Extension
Freddie Mac extended its nationwide suspension of all foreclosure actions, including foreclosure sales, through February 28, 2021.
20 Jan 2021
Freddie Mac: Disaster Relief Options for Homeowners as Hurricane Delta Nears
Freddie Mac issued a release reminding mortgage servicers of its disaster relief policies for homeowners as Hurricane Delta approaches.
8 Oct 2020