Archives For: mortgage servicing
ATTOM: Total Number of Zombie Foreclosures Drops in First Quarter 2021
ATTOM Data Solutions issued its Q1 2021 Vacant Property and Zombie Foreclosure Report. According to its findings, 1.4 (1,449,253) million residential properties in the U.S. are currently vacant.
25 Feb 2021
VA: Circular 26-21-05: Extended COVID-19 Foreclosure and Eviction Relief
The U.S. Department of Veterans Affairs (VA) announced extended foreclosure and eviction relief on properties secured by VA-guaranteed loans, including those previously secured by VA-guaranteed loans but currently in VA’s Real Estate Owned (REO) portfolio.
16 Feb 2021
VA: Circular 26-21-02: Extended COVID-19 Foreclosure and Eviction Relief
The U.S. Department of Veterans Affairs (VA) announced extended foreclosure and eviction relief on properties secured by VA-guaranteed loans, including those previously secured by VA-guaranteed loans but currently in VA’s Real Estate Owned (REO) portfolio.
29 Jan 2021
DS News Highlights Upcoming Safeguard Moratorium Webinar
DS News published an article outlining an upcoming industry webinar hosted by Safeguard Properties. As the first in a series slated for 2021, it will examine current eviction moratoriums and discuss preservation-related actions servicers can and cannot take while they remain active.
29 Jan 2021
Fannie Mae: 2020 Year in Review
Fannie Mae issued a release reviewing all Servicing Guide updates, all Selling Guide updates and Lender Letters from last year.
6 Jan 2021
VA: Circular 26-20-40: Extended Foreclosure and Eviction Relief
The U.S. Department of Veterans Affairs (VA) announced extended foreclosure and eviction relief on properties secured by VA-guaranteed loans, including those previously secured by VA-guaranteed loans but currently in VA’s Real Estate Owned (REO) portfolio.
28 Dec 2020
Fannie Mae: December AAA Matrix Updates
Fannie Mae announced that all AAA matrices have been updated as of December 16, 2020.
16 Dec 2020
Sliding Scale
The latest Five Star Institute Property Preservation Executive Forum newsletter featured an article authored by Safeguard Properties COO Michael Greenbaum. In it, Greenbaum discusses how mortgage field services companies can prepare for and adapt to industry fluctuations through continued education and healthy relationships with mortgage servicers.
30 Oct 2020
Fannie Mae: Texas AAA Matrix Update
Fannie Mae announced that Investor Pre-Approval is no longer required for services rendered on or after Oct. 1, 2020, for claims associated with a home equity judicial foreclosure in Texas.
30 Sep 2020
VA: Circular 26-20-25: Impact of CARES Act Forbearance on VA Purchase and Refinance Transactions
The U.S. Department of Veterans Affairs (VA) issued a circular clarifying that periods of forbearance under the CARES Act cannot count toward loan seasoning requirements for both Interest Rate Reduction Refinancing Loans (IRRRLs) and cash-out refinancing loans made to refinance a VA-guaranteed loan.
15 Sep 2020