Archives For: mortgage servicing
VA: Circular 26-20-34: Special Relief Following Hurricane Laura
The VA issued a release that expresses concern about VA home loan borrowers affected by Hurricane Laura, and describes measures mortgagees may employ to provide relief.
4 Sep 2020
Fannie Mae: Hawaii AAA Matrix Update
Fannie Mae announced that effective September 9, 2020, the maximum allowable amount for the judicial foreclosure fee has been updated from $4,950 to $9,000 for Honolulu County, Hawaii and from $6,000 to $10,000 for all other counties in the Hawaii AAA Matrix.
3 Sep 2020
Limiting Mortgage Servicing Risk in Turbulent Times
DS News published an article highlighting how mortgage lenders and servicers are working to assess creditworthiness and anticipate potential risk among aspiring homebuyers.
31 Aug 2020
VA: Circular 26-20-32: Special Relief Following Severe Storms in Iowa
The VA issued a release that expresses concern about VA home loan borrowers affected by severe storms in Iowa, and describes measures mortgagees may employ to provide relief.
28 Aug 2020
ATTOM: Vacant Property and Zombie Foreclosure Report
ATTOM Data Solutions released its third-quarter 2020 Vacant Property and Zombie Foreclosure Report. According to its findings, 1.5 million residential properties in the United States are vacant, representing 1.6 percent of all homes.
27 Aug 2020
VA: Circular 26-20-31: Special Relief Following California Wildfires
The VA issued a release that expresses concern about VA home loan borrowers affected by wildfires in California, and describes measures mortgagees may employ to provide relief.
27 Aug 2020
VA: Circular 26-20-30: Extended Foreclosure Moratorium for Borrowers Affected by COVID-19
The U.S. Department of Veterans Affairs (VA) issued a release announcing the extension of a foreclosure moratorium connected to the presidentially-declared COVID-19 national emergency.
24 Aug 2020
VA: Circular 26-20-29: Extended Eviction Moratorium for Borrowers Affected by COVID-19
The U.S. Department of Veterans Affairs (VA) issued a release announcing the extension of an eviction moratorium connected to the presidentially-declared COVID-19 national emergency.
24 Aug 2020
Minimize Loss Through Enhanced Disposition Strategies
The latest Five Star Institute Property Preservation Executive Forum newsletter featured an article authored by Safeguard CFO Joe Iafigliola. In it, Iafigliola offers an analysis of HUD’s Claims Without Conveyance of Title (CWCOT) program and discusses how partnerships between servicers and property preservation companies are critical when it comes to evaluating associated assets.
21 Jul 2020
Fannie Mae: AAA Matrix Update – July 2020
Fannie Mae announced that as of July 1, 2020, the fee amount for the Case Management Hearing – Illinois Administrative Order – SP37 Standard Excess Fee has been updated in the Illinois Attorney Authorization Approval matrix.
15 Jul 2020