Archives For: July 2021
HUD: FHA INFO #21-59: New Handbook 4000.1 Update
The Federal Housing Administration (FHA) published a new update to Single Family Housing Policy Handbook 4000.1. The updates include enhancements and revisions to existing guidance as well as various other technical edits.
20 Jul 2021
FEMA Declared Disaster Michigan Severe Storms, Flooding, Tornadoes
FEMA issued a Presidential Major Disaster Declaration for areas in Michigan affected by severe storms, flooding and tornadoes that took place June 25-26, 2021.
15 Jul 2021
Fannie Mae: SVC-2021-04: Servicing Guide Updates
Fannie Mae updated its Servicing Guide to broaden the requirements for acceptance of mortgage assistance funds, introduce a new process for filing conventional mortgage insurance claims in the new MI Claims Portal and to simplify the REOgram™ notification process.
14 Jul 2021
Tropical Storm Elsa Completes Trek Up U.S. Atlantic Coast
FEMA issued an update to an Emergency Declaration for areas in Florida affected by Tropical Storm Elsa beginning on July 4, 2021 and continuing.
9 Jul 2021
Fannie Mae: New Resources Added to Servicer Toolkit
Fannie Mae announced enhancements to its servicer toolkit. Included are resources to help support borrowers once the foreclosure moratorium ends.
7 Jul 2021
Fannie Mae: Excess Fee for Resuming Pending Foreclosure Actions
Fannie Mae authorized a one-time excess legal fee for additional legal work required to resume pending foreclosures in certain jurisdictions when it is necessary to do so upon the lifting of applicable federal and state moratoria.
7 Jul 2021
Joe Iafigliola Talks Disaster Response for Mortgage Servicers
The July cover story of DS News discussed best disaster-planning practices for homeowners and the mortgage servicing industry. Featured are comments from Safeguard Properties CFO Joe Iafigliola.
6 Jul 2021
CFPB: Landlords and Agencies to Report Rental Information Accurately
The Consumer Financial Protection Bureau (CFPB) released an enforcement compliance bulletin reminding landlords, consumer reporting agencies and others of their critical obligations to accurately report rental and eviction information.
1 Jul 2021