Archives For: Investor Update
HUD: FHA INFO #20-83: Proposed Private Flood Insurance Rule
The U.S. Department of Housing and Urban Development (HUD) announced that it posted a proposed private flood insurance rule on the FHA Single Family Housing Drafting Table.
10 Nov 2020
Freddie Mac: FHLMC Guide Bulletin 2020-33: Servicing and Selling Updates
Freddie Mac updated the effective date for the deployment of the new Unified Counterparty Experience System® from November 8, 2020 to December 7, 2020.
2 Nov 2020
Fannie Mae Lender Letter LL-2020-13: Automatic Reclassification of Delinquent MBS Mortgage Loans
Fannie Mae updated Lender Letter LL-2020-13 to provide procedural details for servicers related to the reclassification of delinquent MBS mortgage loans and to clarify effective dates.
28 Oct 2020
HUD: FHA INFO #20-79: CWCOT Webinar – New Date for Second Session
The U.S. Department of Housing and Urban Development (HUD) announced a second date to participate in its Claims Without Conveyance of Title (CWCOT) webinar.
28 Oct 2020
Fannie Mae Lender Letter LL-2020-05: Payment Deferral
Fannie Mae updated its Payment Deferral Lender Letter to clarify that a borrower’s acceptance of a payment deferral will result in the mortgage loan’s withdrawal from HAMP and the loss of any future HAMP “pay for performance” incentives.
14 Oct 2020
Fannie Mae: SVC-2020-05: Servicing Guide Updates
Fannie Mae issued a release announcing updates to its Valuation Management System Valuation Order template, Evaluation Notices and payment deferral agreement.
14 Oct 2020
Freddie Mac: FHLMC Guide Bulletin 2020-39: Servicing Updates
Freddie Mac announced updates to electronic payment deferral agreements, transfers of ownership, escrow requirements, eligible disaster requirements and more.
14 Oct 2020
HUD: FHA INFO #20-73: Temporary Policy to Waive Requirements for “Interior” Photographs in Presidentially-Declared Major Disaster Areas
The Federal Housing Administration (FHA) published a temporary policy waiver to its Single Family Housing Policy Handbook 4000.1 requirements that suspends the standard inspection requirement for “interior” photographs of property in designated Presidentially-Declared Major Disaster Areas.
6 Oct 2020
HUD: FHA INFO #20-71: FHA Catalyst: Claims Module Now Includes Reacquisition Claims Submission Functionality
The U.S. Department of Housing and Urban Development (HUD) issued a release announcing a new submission method through FHA Catalyst for reacquisition claims by mortgagees.
28 Sep 2020
VA: VALERI Special Announcement
The U.S. Department of Veterans Affairs (VA) issued a release containing updates relevant to servicers. Included is the availability of a new report providing all Reasons for Default (RFD) if an Electronic Default Notice has been reported.
24 Sep 2020