Archives For: July 2021
Freddie Mac July 2021 Monthly Summary
Per Freddie Mac, overall delinquencies for single family loans is 1.74% in July 2021, vs 1.86% last month and 3.12% a year ago.
31 Aug 2021
Fannie Mae July 2021 Monthly Summary
Per Fannie Mae, overall serious delinquency for conventional single family loans is 1.94% in July 2021 vs 2.08% last month and 3.24% a year ago.
31 Aug 2021
FEMA Declared Disaster California Wildfires
FEMA issued a Presidential Major Disaster Declaration for areas in California affected by wildfires that began on July 14, 2021.
24 Aug 2021
Safeguard Outlines Key Areas for Protecting and Preserving Properties
The latest Five Star Institute Property Preservation Executive Forum newsletter featured an article from Safeguard Properties offering insight into three key areas of business mortgage field servicers providers should focus on to ensure that mortgage servicer portfolios remain secure and protected.
30 Jul 2021
Tornadoes Strike the Northeast, Cause Major Damage
The Weather Channel issued a report outlining severe thunderstorm activity that spawned tornadoes in at least three states.
30 Jul 2021
Storms, Possible Tornadoes Damage Buildings, Knock Out Power
The Weather Channel issued a report outlining severe thunderstorm activity that caused damage in the Great Lakes region.
29 Jul 2021
Alaskan Coast 8.2 Magnitude Earthquake Strongest One in Decades
CNN issued a report detailing earthquake activity that occurred approximately 56 miles east/southeast of Perryville, Ala.
29 Jul 2021
CFPB: Tool to Help Renters and Landlords Access Federal Assistance
The Consumer Financial Protection Bureau (CFPB) released an online tool to help renters and landlords impacted by the pandemic easily find and apply for payment assistance for rent, utilities and other expenses.
28 Jul 2021
VA: Circular 26-21-13: COVID-19 Home Retention Waterfall
The U.S. Department of Veterans Affairs (VA) issued a circular providing its waterfall of home retention options for helping borrowers affected financially by the COVID-19 pandemic. It also announced the COVID-19 Refund Modification (loan modification specific to borrowers needing payment reductions when exiting COVID-19 forbearance).
23 Jul 2021
HUD: FHA INFO #21-61: COVID-19 Recovery Loss Mitigation Options
The Federal Housing Administration (FHA) published Mortgagee Letter 2021-18 (COVID-19 Recovery Loss Mitigation Options), which announces streamlined loss mitigation options to help homeowners who have been financially impacted by the COVID-19 pandemic remain in their homes.
23 Jul 2021