Archives For: March 2020
FEMA Declared Disaster New York
FEMA issued a Presidential Major Disaster Declaration for areas in New York affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing.
20 Mar 2020
Texas Tornadoes Damage Homes
The Abilene Reporter-News issued a report detailing severe weather activity that spawned multiple reports of tornadoes in Texas.
19 Mar 2020
5.7 Magnitude Earthquake Recorded Near Salt Lake City
The Weather Channel issued a report outlining earthquake activity that occurred near Salt Lake City, Utah. At this time, there have not been reports of major damage.
18 Mar 2020
Fannie Mae: AAA Matrix Update – March 2020
Fannie Mae announced that all AAA matrices have been updated effective March 18, 2020. The announcement reflects a detailed list of updates made by jurisdiction.
18 Mar 2020
HUD: FHA INFO #20-20: Continuation of FHA Single Family Business Operations Related to COVID-19
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-20. Included is guidance relating to FHA single family business operations as well as a temporary partial waiver of servicing requirements regarding face-to-face borrower contact amid the Coronavirus COVID-19 outbreak.
13 Mar 2020
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing several updates relevant to servicers. Included is Circular 26-20-05, which outlines measures mortgagees may employ to assist borrowers affected by recent tornado activity in Tennessee.
12 Mar 2020
FHFA: Evaluation Criteria Strengthened for Duty to Serve Program
The Federal Housing Finance Agency (FHFA) announced that it is strengthening the evaluation criteria of the Duty to Serve Underserved Markets program through the Evaluation Guidance for Fannie Mae and Freddie Mac.
11 Mar 2020
FEMA Declared Disaster Wisconsin
FEMA issued a Presidential Major Disaster Declaration for areas in Wisconsin affected by a severe winter storm and flooding that took place January 10-12, 2020.
11 Mar 2020
HUD: FHA INFO #20-18: Loss Mitigation Home Retention Options for Assisting Borrowers
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-18.
9 Mar 2020
5.8 Magnitude Earthquake Strikes Off Northern California Coast
NBC issued a report outlining earthquake activity that occurred off the coast of Northern California. At this time, there have not been reports of damage.
9 Mar 2020