Archives For: Industry Alert
CFPB: Temporary Policy Statements Rescinded to Ensure Compliance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
FEMA Declared Disaster Washington Wildfires and Straight-Line Winds
FEMA issued an update to a Presidential Major Disaster Declaration for areas in Washington affected by wildfires and straight-line winds that took place September 1-19, 2020.
19 Mar 2021
Hawaii Dam Overflows and Forces Evacuations, Damages Homes
Media outlets continue to report on flash flood activity across the Hawaiian Islands that has led to structural damage.
10 Mar 2021
Senate Vote Confirms Marcia Fudge as HUD Secretary
The U.S. Department of Housing and Urban Development (HUD) announced that Marcia L. Fudge has been sworn in as the eighteenth department secretary.
10 Mar 2021
Fannie Mae: SVC-2021-02: Servicing Guide Updates
Fannie Mae updated its Servicing Guide to include a number of relevant updates impacting mortgage servicers.
10 Mar 2021