Archives For: mortgagee
Maine Law to Allow Mortgagees to Enter Vacant Properties
Recently, LD 1963/HP 1407 (An Act to Preserve the Value of Abandoned Properties by Allowing Entry by Mortgagees) was signed by Maine Governor Janet T. Mills. Taking effect on June 15 2020,, the bill amends provisions of state law that set the process by which a plaintiff in a foreclosure action may enter property that has been abandoned by the homeowner.
10 Apr 2020
VA Circular 26-16-22 Special Relief Following a Natural Disaster
The U.S. Department of Veterans Affairs (VA) released Circular 26-16-22. The circular expresses concern about VA home loan borrowers affected by a natural disaster and describes measures mortgagees may employ to provide relief.
1 Aug 2016
FHA INFO #16-07: Home Equity Conversion Mortgage (HECM) Mortgagee Optional Election Assignment Extension to 120-Day Assignment Requirement
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #16-07.
12 Feb 2016
HUD ML 2014-1 Save Your Home Brochure for Delinquent Mortgagors
On January 10, the U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2014-1, subtitled Save Your Home: Tips to Avoid Foreclosure – Brochure for Delinquent Mortgagors.
15 Jan 2014