Archives For: Industry Alert
FHA INFO #21-05: Foreclosure and Eviction Moratorium Policy Extension
The FHA announced a moratorium of foreclosures and evictions for single family properties with FHA-insured mortgages through March 31, 2021.
21 Jan 2021
Biden Appoints New HUD Chief of Staff
HousingWire published an article highlighting the installation of Jenn Jones as the new chief of staff for the U.S. Department of Housing and Urban Development (HUD).
21 Jan 2021
Meet Biden’s New CFPB Acting Director
HousingWire published an article highlighting President Joe Biden’s decision to name Dave Uejio as acting director of the Consumer Financial Protection Bureau (CFPB).
21 Jan 2021
USDA: Foreclosure and Eviction Moratorium Extended
The U.S. Department of Agriculture (USDA) announced that its foreclosure and eviction moratorium has been extended until March 31, 2021.
20 Jan 2021
Fannie Mae: SVC-2021-01: Servicing Guide Updates
Fannie Mae updated its Servicing Guide to incorporate LL-2020-13 (extends automatic reclassification triggers from four to 24 months for most delinquent MBS mortgage loans), and eliminate the requirement for reporting a delinquency status code for a disaster payment deferral if the mortgage loan is brought current. Updated policies on remote online notarizations for the purpose of servicing or modifying a mortgage loan also have been included.
20 Jan 2021
CFPB Director Kathy Kraninger Resigns
HousingWire published an article outlining the resignation of Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger.
20 Jan 2021
Biden Issues Executive Order on Foreclosures
DS News published an article discussing an executive order issued by President Joe Biden calling for the extension of foreclosure and eviction bans through at least the end of March 2021.
20 Jan 2021
FHFA: Foreclosure and REO Eviction Moratorium Extended
The FHFA announced an extension of the moratoriums on single-family foreclosures and REO evictions until February 28, 2021.
19 Jan 2021
Grand Island Officials Consider Creating ‘Land Bank’
The Grand Island Independent issued a report outlining the current consideration of Grand Island, Neb., to create its own land bank.
19 Jan 2021
Biden Nominates Rohit Chopra to Head CFPB
HousingWire published an article highlighting the nomination of Rohit Chopra by President-elect Joe Biden as the next director of the Consumer Financial Protection Bureau (CFPB).
18 Jan 2021