Archives For: foreclosure
MBA: NJ, NY, Florida contain highest percent of foreclosures
HousingWire released an article highlighting a recent Mortgage Bankers Association (MBA) chart of the week.
20 Nov 2015
Scranton Creating Registry of Foreclosed Homes
The Scranton Times-Tribune published an article discussing the plans of Scranton, Pennsylvania to adopt a resolution that would create a registry for foreclosed vacant properties.
19 Nov 2015
Freddie Mac: What?s New With Your Scorecard?
Freddie Mac issued a release announcing several enhancements to its Servicer Success Scorecard.
9 Nov 2015
FHFA Statement of Alfred M. Pollard
The Federal Housing Finance Agency (FHFA) released the statement of Alfred M. Pollard before the Pennsylvania Senate Urban Affairs and Housing Committee and House of Representatives Urban Affairs Committee.
27 Oct 2015
Letter: State Legislation Needed to Expedite Foreclosure
The Buffalo News posted a letter authored by New York Bankers Association President and CEO Michael P. Smith. In it, Smith discusses the length of the foreclosure process for the state of New York and the support of the New York Bankers Association for the passage of legislation which could accelerate it.
26 Oct 2015
Foreclosure Data Has Significantly Improved From Crisis Peak Five Years Ago
DS News published an article discussing HOPE NOW’s data for August 2015.
21 Oct 2015
VA Circular 26-15-26 Title Documentation in Florida
The U.S. Department of Veterans Affairs (VA) released Circular 26-15-26. The circular provides guidance on the submission of title documents to VA’s property management contractor when conveying a property to VA in the State of Florida.
20 Oct 2015
Freddie Mac Announces Relief for Eligible Borrowers, Employers, Employees in South Carolina Disaster Areas
Freddie Mac posted an update announcing the availability of its full menu of disaster relief policies to homeowners whose homes were damaged or destroyed by the severe storms affecting South Carolina.
6 Oct 2015
HUD Mortgagee Letter 2015-21: Automatic Extensions to HUD’s Initiation of Foreclosure Timeline
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-21. The letter provides guidance relating to HUD’s regulatory requirement for mortgagees to utlize a Loss Mitigation Option or initiate foreclosure within six months of the date of default.
28 Sep 2015
MHA HAMP Reporting Update Q3 2015 Base NPV Documentation Supplement Available
Making Home Affordable (MHA) released a HAMP Reporting Update announcing the availability of the Q3 2015 Base NPV Documentation Supplement for the Home Affordable Modification Program (HAMP).
8 Sep 2015