Archives For: Industry Alert
FEMA Declared Disaster North Carolina
FEMA issued an update to a Presidential Major Disaster Declaration for areas in North Carolina affected by severe storms, tornadoes and flooding that took place February 6-19, 2020.
26 Jun 2020
FHFA: Foreclosure Prevention Report – First Quarter 2020
The Federal Housing Finance Agency (FHFA) issued its first quarter 2020 Foreclosure Prevention, Refinance and FPM Report.
23 Jun 2020
Property Damage Results from Civil Protests
As details continue to be made available regarding instances of property damage resulting from civic protests across the country, a listing of identified commercial structures sustaining associated damage has been compiled.
18 Jun 2020
CFPB: Program Launched to Improve Compliance
The Consumer Financial Protection Bureau (CFPB) launched a pilot advisory opinion program to publicly address regulatory uncertainty in its existing regulations.
18 Jun 2020
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing a number of updates relevant to servicers. Included is guidance relating to North Carolina pre-foreclosure notice of hearing and Colorado foreclosure sales.
18 Jun 2020
Legislation Proposes National Land Bank Network Creation
On June 4, 2020, H.R. 7103 (To direct the Neighborhood Reinvestment Corporation with respect to the establishment of a national land bank network, and for other purposes) was referred to the House Committee on Financial Services.
16 Jun 2020
OCC: Mortgage Performance Remains Stable
The Office of the Comptroller of the Currency (OCC) issued its first quarter 2020 Mortgage Metrics Report.
16 Jun 2020
Herkimer County to Withdraw from Land Bank
The Utica Observer-Dispatch published an article discussing a recent decision by Herkimer County, N.Y., to withdraw from the Greater Mohawk Valley Land Bank.
12 Jun 2020
Dutchess County Creating Joint Land Bank with City of Poughkeepsie
The Poughkeepsie Journal published an article outlining a recently approved plan by the New York State Legislature for the creation of a joint land bank between Dutchess County and the City of Poughkeepsie.
11 Jun 2020
Cristobal Expected to Hit Gulf Coast as Tropical Storm
The Weather Channel issued a report providing updates on the system formerly known as Tropical Storm Cristobal, which has crossed into Canada after making a historic northwestern trek.
10 Jun 2020