Archives For: Industry Alert
FEMA Declared Disaster Kentucky Severe Winter Storms
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kentucky affected by severe winter storms, landslides and mudslides that took place February 8-19, 2021.
9 Apr 2021
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
CFPB: Mortgage Servicing Changes to Prevent COVID-19 Foreclosures
The Consumer Financial Protection Bureau (CFPB) proposed a set of rule changes intended to help prevent avoidable foreclosures as emergency federal foreclosure protections expire.
5 Apr 2021
CFPB: Compliance Bulletin Warns Mortgage Servicers
The Consumer Financial Protection Bureau (CFPB) issued a bulletin warning mortgage servicers to take all necessary steps now to prevent a wave of avoidable foreclosures later this year.
1 Apr 2021
CFPB: Temporary Policy Statements Rescinded to Ensure Compliance
The Consumer Financial Protection Bureau (CFPB) announced that it is rescinding seven policy statements issued in 2020 that provided temporary flexibilities to financial institutions in consumer financial markets, including mortgages. The rescissions will become on effective April 1, 2021,
31 Mar 2021
CDC Extends Eviction Moratorium Until June 30
CNN issued a report detailing the CDC’s decision to extend its federal moratorium on eviction for non-payment of rent until June 30, 2021.
29 Mar 2021
FEMA Declared Disaster PBCI COVID-19 Pandemic
FEMA issued a Presidential Major Disaster Declaration for the Poarch Band of Creek Indians as a result of the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing.
28 Mar 2021
FHFA: Foreclosure Prevention Report – Fourth Quarter 2020
The Federal Housing Finance Agency (FHFA) issued its fourth quarter 2020 Foreclosure Prevention, Refinance and FPM Report.
25 Mar 2021
CFPB: Report Highlights More Than a Half-Million Complaints in 2020
The Consumer Financial Protection Bureau (CFPB) issued its Consumer Response Annual Report for 2020. The report reflects issues consumers reported to the bureau throughout the year as influenced by numerous factors, including changing market conditions.
24 Mar 2021
Fannie Mae: Expense Reimbursement Coming to Property 360
Fannie Mae announced that additional expense reimbursement capabilities will be coming to its new Property 360 platform.
24 Mar 2021