Archives For: Hurricane
The Next Crisis for Puerto Rico: A Crush of Foreclosures
The New York Times published an article outlining the current state of housing in Puerto Rico.
16 Dec 2017
Hurricanes Could Bring Another Disaster: Foreclosures
CNN issued a report discussing possible foreclosure risk stemming from areas affected by recent hurricanes.
10 Nov 2017
Fannie Mae: Lender Letter LL-2017-09: Fannie Mae Extends Modification for Disaster Relief and Other Clarifications for Mortgage Loans Impacted by Disaster Events
Fannie Mae issued an update providing policy guidance for loans secured by properties located in a FEMA Declared Disaster Area eligible for Individual Assistance.
2 Nov 2017
HUD: Red Tape Cut to Speed Hurricane Recovery
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing a package of regulatory and administrative waivers aimed at helping communities to accelerate their recovery from Hurricanes Harvey, Irma and Maria.
27 Oct 2017
USDA: Foreclosure Moratoriums Extended for Areas Impacted by Hurricanes Harvey, Irma and Maria
The U.S. Department of Agriculture (USDA) issued an update announcing the extension of moratoriums on property foreclosures in the Presidentially Declared Disaster areas impacted by Hurricanes Harvey, Irma and Maria.
24 Oct 2017
HUD: FHA Extends Foreclosure Relief for Homeowners Impacted by Recent Hurricanes
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the extension of the Federal Housing Administration’s (FHA) initial 90-day foreclosure moratorium for FHA-insured homeowners impacted by Hurricanes Harvey, Irma and Maria.
23 Oct 2017
HUD: FHA INFO #17-47: Extension of Initial Disaster Foreclosure Moratorium for Properties in Specified Areas Impacted by Hurricanes Harvey, Irma, and Maria (ML 17-15); SF Claims: Suspended Claim Dashboard; Training Opportunities
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #17-47.
20 Oct 2017
HUD: Written Testimony of Dr. Ben Carson
The U.S. Department of Housing and Urban Development (HUD) published the written testimony of Secretary Dr. Ben Carson before the House Financial Services Committee.
12 Oct 2017
Fannie Mae: Invoicing Is Here; Disaster Assistance Resources; New Quarterly Compass; and More
Fannie Mae issued a news release highlighting information relevant to servicers and sellers. Included is a reminder for upcoming webinars to assist servicers in responding to homeowners affected by recent hurricanes.
27 Sep 2017
FHLMC Guide Bulletin 2017-21: Extension of Certain Hurricane-Related Requirements and Property Inspection Reimbursement for Eligible Disaster Areas
Freddie Mac issued a release announcing updates to its temporary selling and servicing requirements.
25 Sep 2017