Archives For: servicing
Freddie Mac: FHLMC Guide Bulletin 2018-22: Servicing Updates
Freddie Mac issued a release announcing changes that simply requirements and provide flexibilities for servicing Freddie Mac mortgages. Included are updates to property inspection requirements for delinquent mortgages.
14 Nov 2018
Fannie Mae: Document-Free Expense Reimbursement; Know Your Options Training; and More
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
5 Sep 2018
Fannie Mae: New Field in LoanSphere Invoicing; plus AAA Matrix Updates
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
29 Aug 2018
USDA: Proposed Rule – Streamlining the Loss Claims Process
The U.S. Department of Agriculture (USDA) announced that a proposed rule published in the Federal Register is seeking comments on proposed changes to streamline the loss claim process for lenders who have acquired title to property through voluntary liquidation or foreclosure; clarify that lenders must comply with applicable laws, including those within the purview of the Consumer Financial Protection Bureau; and better align loss mitigation policies with those in the mortgage industry.
23 Aug 2018
Fannie Mae: New Fraud Alert and Updates to Allowable Foreclosure Title Costs
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
8 Aug 2018
Freddie Mac: Natural Disaster Relief Policies for Mortgage Assistance to Aid Those Affected by California Wildfires Released
Freddie Mac issued a press release confirming its disaster relief policies for people whose homes or places of employment have been affected by the ongoing, historic California wildfires.
8 Aug 2018
FHFA: Foreclosure Prevention Report – May 2018
The Federal Housing Finance Agency (FHFA) issued its May 2018 Foreclosure Prevention Report.
7 Aug 2018
MHA: Important Information on the HAMP? Reporting Tool and SSL Certificates
Making Home Affordable (MHA) issued an update offering information pertaining to the HAMP Reporting Tool and SSL certificates.
6 Aug 2018
USDA: Lender Electronic Status and Default Status Correction Requirement
The U.S. Department of Agriculture (USDA) issued a notification reminding USDA Guaranteed Loan Servicers of the new Electronic Status Reporting enhancement.
6 Aug 2018
Fannie Mae: AAA Matrix Updates
Fannie Mae issued a release highlighting information relevant to servicers and sellers. Included are revised AAA matrices that contain foreclosure-related title cost guidance issued on June 6, 2018, which will be effective for referrals on or after Sept. 1, 2018.
1 Aug 2018