Alerts

FEMA Alert May 21, 2019 FEMA issued a Presidential Major Disaster Declaration for areas in Alabama affected by severe storms and flooding that took place February 5 to March 6, 2020. The following...

FHFA: Foreclosure Prevention Report – February 2020 Investor Update May 14, 2020 Source: FHFA February 2020 Highlights — Foreclosure Prevention The Enterprises’ Foreclosure Prevention Actions: • The Enterprises completed 8,836 foreclosure prevention actions in February, bringing the total...

HUD: Interagency COVID-19 Servicer Fact Sheet Investor Update May 6, 2020  Source: HUD Coronavirus Relief, and Economic Security Act (CARES Act) Mortgage Payment Forbearance The CARES Act provides a mortgage payment forbearance option for all borrowers who, either directly or...

FEMA Declared Disaster South Carolina FEMA Alert Update May 12, 2020 FEMA issued an update Presidential Major Disaster Declaration for areas in South Carolina affected by severe storms, tornadoes and straight-line winds that...

Investor Update April 27, 2020 Source: FHFA Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Kate Fulton will join FHFA as Chief Operating Officer on May 26, 2020. Fulton comes to FHFA...

FEMA Declared Disaster Tennessee FEMA Alert April 24, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms, tornadoes, straight-line winds and flooding that took place April...

FEMA Declared Disaster North Dakota FEMA Alert Update April 24, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in North Dakota affected by flooding that took place October...

FEMA Declared Disaster Kentucky FEMA Alert April 24, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Kentucky affected by severe storms, flooding, landslides and mudslides that took place February 3-29,...

VA: Circular 26-18-3: Acceptance of Properties Updated 4/20/20: Extended rescission date of the original circular. Circular 26-18-3 (Change 1) Investor Update February 23, 2018 Source: VA 1. Purpose. This Circular provides guidance on requests for execution of documents related...

Tornadoes Damage Homes in Four States Updated 4/23/20: The Weather Channel issued a report outlining continued severe storm activity affecting the Southern U.S. Widespread Damage, Injuries, Flooding Reported as Storms Batter South...

FEMA Declared Disaster American Samoa FEMA Alert April 17, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in American Samoa affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

FEMA Declared Disaster Mississippi FEMA Alert April 16, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Mississippi affected by severe storms, tornadoes, straight-line winds and flooding that took place April...

FHA Single Family Housing COVID-19 Q&A Updated 5/11/20: HUD has enhanced its COVID-19 FAQ resource to include expanded guidance for a variety of categories related to lending/servicing. FHA Resource Center Bulletin Board Updated 4/14/20: HUD...

Tornadoes Decimate Homes in Deep South Disaster Alert April 12, 2020 Source: FOX News Additional Resources: Office of Alabama Governor Kay Ivey (State of Emergency: Severe Weather) Office of Louisiana Governor Jon Bel Edwards (Gov. Edwards Declares...

FEMA Declared Disaster Wyoming FEMA Alert April 11, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Wyoming affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Issues “Disaster Financial Management Guide” Today, FEMA released the “Disaster Financial Management Guide” to support jurisdictions in establishing and implementing sound disaster financial management practices, which are critical for successful...

Maine Law to Allow Mortgagees to Enter Vacant Properties Legislation Update April 10, 2020 Source: Maine Legislature (LD 1963/HP 1407 Information) Additional Resource: LD 1963/HP 1407 Full Text Text Excerpt (Section 5): 5.  Entry by mortgagee.   Upon the issuance of...

FEMA Declared Disaster Idaho FEMA Alert April 9, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Idaho affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Alaska FEMA Alert April 9, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Alaska affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Vermont FEMA Alert April 8, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Vermont affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Minnesota FEMA Alert April 7, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Minnesota affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

MHA: HAMP Update: System Maintenance Outage Investor Update April 7, 2020 Source: MHA Due to a planned maintenance release, the HAMP Reporting System response files will be unavailable during the standard hours of operation 9am...

FEMA Declared Disaster Oklahoma FEMA Alert April 5, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Oklahoma affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster New Mexico FEMA Alert April 5, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in New Mexico affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

FEMA Declared Disaster Mississippi FEMA Alert April 5, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Mississippi affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster South Dakota FEMA Alert April 5, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in South Dakota affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

<- Return To FEMA Alerts FEMA Declared Disaster Delaware FEMA Alert April 5, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Delaware affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning...

FEMA Declared Disaster Maine FEMA Alert April 4, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Maine affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Nebraska FEMA Alert April 4, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Nebraska affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Nevada FEMA Alert April 4, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Nevada affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Wisconsin FEMA Alert April 4, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Wisconsin affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Utah FEMA Alert April 4, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Utah affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Arizona FEMA Alert April 4, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Arizona affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Arkansas FEMA Alert April 3, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Arkansas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster New Hampshire FEMA Alert April 3, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in New Hampshire affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

FEMA Declared Disaster Indiana FEMA Alert April 3, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Indiana affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster West Virginia FEMA Alert April 3, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

FEMA Declared Disaster U.S. Virgin Islands FEMA Alert April 2, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in the U.S. Virgin Islands affected by the Coronavirus Disease 2019 (COVID-19) pandemic...

FEMA Declared Disaster Virginia FEMA Alert April 2, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Virginia affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Tennessee FEMA Alert April 2, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Tennessee affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Hawaii FEMA Alert April 1, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Hawaii affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster North Dakota FEMA Alert April 1, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in North Dakota affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

Homes Damaged as Tornadoes Strike Mississippi, Alabama Disaster Alert March 31, 2020 Source: The Weather Channel Additional Resources: USA Today (Strong storms and possible tornadoes leave damage, power outages from Mississippi to Georgia) WLOX (George County cleaning up...

FEMA Declared Disaster Pennsylvania FEMA Alert March 30, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Pennsylvania affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Rhode Island FEMA Alert March 30, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Rhode Island affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

FEMA Declared Disaster Montana FEMA Alert March 31, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Montana affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Ohio FEMA Alert March 31, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Ohio affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

Spring Storms Damage Homes in South, Midwest Disaster Alert March 29, 2020 Source: The Weather Channel Additional Resources: USA Today (Tornadoes in Arkansas, Iowa and Illinois damage homes, businesses) CBS 2 (Three confirmed tornadoes touched down in eastern...

FEMA Declared Disaster Puerto Rico FEMA Alert March 27, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Puerto Rico affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

FEMA Declared Disaster Guam FEMA Alert March 27, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Guam affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

<- Return To FEMA Alerts FEMA Declared Disaster South Carolina FEMA Alert March 27, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in South Carolina affected by the Coronavirus Disease 2019 (COVID-19)...

FEMA Declared Disaster Illinois FEMA Alert March 26, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Illinois affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Maryland FEMA Alert March 26, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Maryland affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Missouri FEMA Alert March 26, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Missouri affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Texas FEMA Alert March 25, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Texas affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster Florida FEMA Alert March 25, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Florida affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster New Jersey FEMA Alert March 25, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in New Jersey affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

 Return To FEMA Alerts FEMA Declared Disaster North Carolina FEMA Alert March 25, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in North Carolina affected by the Coronavirus Disease 2019 (COVID-19) pandemic...

FHFA: Stress Testing of Regulated Entities Investor Update March 24, 2020 Source: FHFA SUMMARY:  The Federal Housing Finance Agency (FHFA) is adopting a final rule that amends its stress testing rule, consistent with section 401...

FEMA Declared Disaster Tennessee FEMA Alert Update March 24, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms, tornadoes, straight-line winds and flooding...

FEMA Declared Disaster Louisiana FEMA Alert March 24, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Louisiana affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on March 17, 2020...

FEMA Declared Disaster Iowa FEMA Alert March 23, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Iowa affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on March 17, 2020...

FEMA Declared Disaster Washington FEMA Alert March 22, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Washington affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020...

FEMA Declared Disaster New York FEMA Alert March 20, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in New York affected by the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January...

Texas Tornadoes Damage Homes Disaster Alert March 19, 2020 Source: Abilene Reporter-News Additional Resources: Big Country Homepage.com: (GALLERY: Aerial footage of tornado damage in South Bend, Texas) Approximate locations sustaining structural damage: Texas – Alvord (Wise County, 76225) – Graham...

Disaster Alert March 18, 2020 Source: The Weather Channel Approximate locations reportedly sustaining minor structural damage: Utah – Magna (Salt Lake County, 84044) – Salt Lake City (Salt Lake County) NOTE: This has not yet been declared a FEMA Major...

FEMA Declared Disaster South Carolina FEMA Alert March 17, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in South Carolina affected by severe storms, tornadoes, straight-line winds and flooding that took...

FEMA Emergency Declaration Coronavirus COVID-19 FEMA Alert March 13, 2020 FEMA issued a nationwide Emergency Declaration in response to the ongoing Coronavirus COVID-19 pandemic. Incident Period: January 20, 2020 and continuing. The following locations have...

Investor Update March 10, 2020 Source: FHFA Washington, D.C. – “To meet the needs of borrowers who may be impacted by the coronavirus, last week Fannie Mae and Freddie Mac (“the Enterprises”) reminded mortgage servicers...

Industry Update March 10, 2020 Source: The Mercury News Additional Resource: The Mercury News (San Jose Mayor Calls for Moratorium on Evictions During Coronavirus Outbreak) HousingWire: (U.S. Cities Are Taking Action on Halting Evictions) Amid growing concerns over...

Industry Update March 12, 2020 Source: The Miami Herald Additional Resources: The Miami Herald (Twitter) HousingWire: (U.S. Cities Are Taking Action on Halting Evictions) Miami-Dade County Police Department Miami-Dade police announced Thursday that officers would not assist with evictions...

Updated 3/10/20: FEMA issued an update to a Presidential Major Disaster Declaration for areas in Puerto Rico affected by earthquakes from December 28, 2019, to February 4, 2020. Puerto Rico Earthquakes (DR-4473...

Disaster Alert March 3, 2020 Source: The Weather Channel Additional Resources: WSMV NBC News 4: (Tornado moves across Nashville and Middle TN) Tennessee Emergency Management Agency (TEMA): Current Status: State of Emergency Approximate locations sustaining structural damage: Tennessee – Cookeville (Putnam...

Disaster Alert March 1, 2020 Source: FOX News Approximate locations impacted by home ice accumulations: New York – Hamburg (Erie County, 14075) NOTE: This has not yet been declared a FEMA Major Disaster. This would be a palace fit for Elsa. A...

Industry Update February 26, 2020 Source: Auction.com Most Default Servicers Expect Foreclosures to Increase in 2020 Despite no Economic Recession 89 Percent Expect Increase in Foreclosure Inflow from Government-Insured Loans Majority Expect Increased Foreclosure...

Strong Winter Storm Moving Across Country Updated 2/25/20: ABC News issued a report offering the latest on strong winter storm that is expected to bring substantial snow accumulations to multiple states. Winter Storm...

Investor Update February 24, 2020  Source: HUD Today, the Federal Housing Administration (FHA) announced that it has posted on its Single Family Housing Drafting Table, proposed enhancements to its Claims Without Conveyance of Title (CWCOT)...

Industry Update February 22, 2020 Source: WBEN Additional Resources: Erie County Clerk’s Zombies Initiative WKBW ABC (Erie County Taking Steps to Identify Vacant Property Stakeholders) Erie County Clerk partners with WNY Law Center to combat neglected properties CLARENCE,...

Updated 2/17/20: The Weather Channel issued a report detailing river flooding in Jackson, Miss., that has led to home damage. Mississippi Flooding Continues As Pearl River Nears Crest; Dozens of Homes Already Damaged Additional...

Investor Update February, 14 2020 Source: VA Important Information Circular 26-20-2 – Special Relief Following Puerto Rico Earthquakes, was issued on January 23, 2020. The Federal Emergency Management Agency’s declared disaster counties are: Adjuntas, Arecibo, Cabo...

Investor Update February 12, 2020 Source: Fannie Mae The Servicing Guide has been updated to include changes to the following: ▪ Prorated attorney fees and foreclosure milestone invoicing*: We updated the foreclosure milestone schedule and eliminated prorated...

Investor Update February 3, 2020 Source: FHFA ​​Washington, D.C.  – Today, the Federal Housing Finance Agency (FHFA) selected Houlihan Lokey Capital, Inc. (Houlihan Lokey) as a financial advisor to assist in the development and implementation...

Investor Update February 3, 2020 Source: FHFA October 2019 Highlights — Foreclosure Prevention The Enterprises’ Foreclosure Prevention Actions: • The Enterprises completed 9,082 foreclosure prevention actions in October, bringing the total to 4,390,118 since the start...

Industry Update January 30, 2020 Source: CFPB Washington, D.C. — The Consumer Financial Protection Bureau (Bureau) today announced additions to its executive team. The leadership positions are: Susan M. Bernard will serve as Assistant Director for Regulations...

Investor Update January 30, 2020 Source: FHFA ​​Washington, D.C.  – Today, the Federal Housing Finance Agency (FHFA) announced a realignment that will further bolster FHFA’s capacity as a world-class regulator of Fannie Mae and Freddie Mac (the...

Disaster Alert January 24, 2020 Source: NBC News Additional Resource: ABC 13 Eyewitness News Approximate locations containing home damage: Texas – Westbranch, Houston (Harris County, 77041) NOTE: This has not yet been declared a FEMA Major Disaster. A large explosion at a...

FEMA Alert January 17, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Vermont affected by severe storms and flooding that took place October 1 to November 1, 2019. The following...

FEMA Declared Disaster Puerto Rico FEMA Declared Disaster Puerto Rico FEMA Alert Update March 10, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Puerto Rico affected by earthquakes...

Disaster Alert January 12, 2020 Source: The Weather Channel Additional Resources: Arkansas Governor Emergency Proclamation (1/11/20) Mississippi Governor Emergency Proclamation (1/10/20) Approximate locations sustaining structural damage Alabama – Joppa (Cullman, Marshall counties, 35087) – Carrollton (Pickens County, 35447) *Concentrated damage in Settlement Community Arkansas – Midway...

Updated 1/7/20: The Weather Channel issued a report detailing continued earthquake activity that has has damaged homes in portions of southern Puerto Rico. The Weather Channel (Deadly Magnitude 6.4 Earthquake in Puerto Rico Is...

Legislation Update December 23, 2019 Source: The New York State Senate (full bill text) Additional Resource: Kings County Politics (Cuomo Signs Bill Strengthening Court Protections For People Facing Foreclosures) A5619 (ACTIVE) – SUMMARY Provides that the defense, in...

Disaster Alert December 17, 2019 Source: The Weather Channel Additional Resources: WTVA.com (Gov. Phil Bryant declares state of emergency following Monday’s tornado outbreak)* *Declaration not yet available. Associated county ZIP code list to be provided once...

Disaster Alert December 14, 2019 Source: The Weather Channel Additional Resources: Approximate locations sustaining structural damage Florida – Palm Coast (Flagler County, 32137, 32143, 32164) – Bunnell/Korona (Flagler County, 32110) – Elkton (St. Johns County, 32033) NOTE: This has not yet been...

Investor Update December 11, 2019 Source: Fannie Mae The Servicing Guide has been updated to include changes or clarifications related to the following: • Payment Shortage Tolerance* • Fidelity Bond and Errors and Omissions Mailbox • Miscellaneous Revisions* *Policy change...

Investor Update December 10, 2019 Source: VA IMPORTANT INFORMATION Circular 26-19-29 – Special Relief Following Tropical Storm Imelda, was issued on November 8, 2019. The Federal Emergency Management Agency’s declared disaster counties in Texas are: Chambers,...

FEMA Declared Disaster Florida FEMA Alert Update December 9, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Florida affected by Hurricane Dorian from August 28 to September...

Disaster Alert December 8, 2019 Source: The Weather Channel Approximate locations sustaining home flooding California – West Portal, San Franciso (San Francisco County, 94127) NOTE: This has not yet been declared a FEMA Major Disaster. At a Glance Flooding closed...

Investor Update December 2, 2019 Source: FHFA Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the...

Disaster Alert November 25, 2019 Source: Los Angeles Times Approximate locations in current event path* California Santa Barbara (Santa Barbara County, 93101, 93103, 93105, 93108, 93109, 93110, 93111, 93117) Goleta (Santa Barbara County, 93110, 93111, 93117) *Home damage has...

FEMA Declared Disaster South Dakota FEMA Alert November 18, 2019 FEMA issued a Presidential Major Disaster Declaration for areas in South Dakota affected by severe storms, tornadoes and flooding that took place September...

Industry Update November 11, 2019 Source: Auction.com Share of REO Auctions with Competing Bidders Rises to Highest Level in Last Seven Quarters Three out of four bank-owned properties that sold at online auction in Q3...

Investor Update November 8, 2019  Source: HUD —There is no charge for training courses and webinars offered by the Federal Housing Administration — Webinar Title: NEW FHA Quality Assurance Update Date/Time: Wednesday, November 20, 2019, 2:00 PM to...

Investor Update November 6, 2019 Source: Fannie Mae The Taxpayer First Act was signed into law on July 1, 2019. It includes a provision that persons receiving return information must obtain the express permission...

Investor Update October 31, 2019 Source: VA IMPORTANT INFORMATION Circular 26-19-24, Change 2 – Servicer Loss Mitigation Letters on Delinquent Loans, was issued on September 25, 2019, and is located at https://www.benefits.va.gov/homeloans/servicers_valeri.asp. Circular 26-19-27 – Special Relief Following Hurricane...

Investor Update October 30, 2019 Source: Fannie Mae We are providing advance notice to servicers that effective December 31, 2020, Fannie Mae will retire the loan workout reporting and related functionality in HomeSaver Solutions...

FEMA Alert Update October 24, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Illinois affected by severe storms and flooding that took place February 24 to...

FEMA Declared Disaster Texas FEMA Alert Update October 24, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Texas affected by Tropical Storm Imelda from September 17 to...

Fast-Growing Fires Damage California Homes Updated 11/3/19: The Weather Channel published a report offering the latest updates on California wildfire activity. As Firefighters Gain Edge on California Wildfires, President Trump Slams Gov. Gavin Newsom Additional...

Updated 10/23/19: Hawaii News Now published an article offering the latest updates on a brush fire that has consumed close to 1,000 acres in the Kahana Ridge area of West Maui. Evacuations lifted...

Disaster Alert October 21, 2019 Source: The Weather Channel Additional Resource: KDFW FOX 4 (Confirmed tornado causes damages in North Dallas, surrounding areas) Approximate locations sustaining home damage: Texas – Dallas (Dallas County)* *Click city name to access associated ZIP code list –...

Updated 10/20/19: The Weather Channel published a report outlining tornadic activity spawned by Tropical Storm Nestor in portions of Central Florida. Florida Homes Damaged by Nestor Tornadoes Before Storm Moves Into Georgia (full report) Additional approximate locations...

FEMA Declared Disaster Wisconsin FEMA Alert March 11, 2020 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,...

FEMA Alert Update December 9, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in North Carolina affected by Hurricane Dorian from September 1 to September 9, 2019. The...

Updated 10/14/19: The California Department of Forestry & Fire Protection (CAL FIRE) has created a incident map tracking the latest active wildfires around the state. Incident Map Active Incident Summary (abbreviated): Saddleridge Fire – Containment:...

  Disaster Alert October 17, 2019 Source: FOX News An area of disturbed weather over the southwest Gulf of Mexico is forecast to strengthen over the warm waters, potentially impacting the northern Gulf Coast of the U.S. as a...

Disaster Alert October 17, 2019 Source: The Weather Channel Approximate locations sustaining possible home damage (downed trees): Massachusetts – Danvers (Essex County, 01923, 01937) – Duxbury (Plymouth County, 02050, 02331, 02332) At a Glance Trees and power lines were downed in...

FEMA Alert Update October 10, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Nebraska affected by a severe winter storm, straight-line winds and flooding that took...

Investor Update October 9, 2019 Source: Fannie Mae At varying times in 2017 and 2018, for both forward mortgage loans and reverse mortgage loans, we accepted responsibility for the payment of property taxes, HOA...

Industry Update October 3, 2019 Source: CFPB WASHINGTON, D.C. – Consumer Financial Protection Bureau Director Kathleen L. Kraninger today announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC),...

Industry Update September 25, 2019 Source: CFPB WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) today announced the following additions to its executive team: Desmond Brown will serve as the Deputy Associate Director for the Consumer...

  Tropical Depression Imelda Drenching Texas Coast Tropical Depression Imelda Drenching Texas Coast Updated 11/8/19: The U.S. Department of Veterans Affairs (VA) issued a circular that expresses concern about VA home loan borrowers affected...

FEMA Declared Disaster Wisconsin FEMA Alert August 27, 2019 FEMA issued a Presidential Major Disaster Declaration for areas in Wisconsin affected by severe storms, tornadoes, straight-line winds and flooding that took place July...

FEMA Declared Disaster Mississippi FEMA Alert March 12, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Mississippi affected by severe storms, tornadoes, straight-line winds and flooding that took place January...

Freddie Mac: FHLMC Guide Bulletin 2019-18: Servicing Updates Investor Update August 14, 2019 Source: Freddie Mac Single-Family Seller/Servicer Guide (Guide) Bulletin 2019-18 announces servicing updates that will provide you with greater flexibility and opportunities for operational...

FEMA Declared Disaster Oklahoma FEMA Alert Update August 13, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Oklahoma affected by severe storms, straight-line winds, tornadoes and flooding...

FEMA Declared Disaster Nebraska FEMA Alert Update August 13, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Nebraska affected by a severe winter storm, straight-line winds and...

HUD: FHA INFO #19-40: Training Opportunities Investor Update August 9, 2019  Source: HUD Webinar Title: NEW FHA Quality Assurance Update Date/Time: Wednesday, August 21, 2019, 2:00 PM to 3:00 PM (Eastern) Event Location: Online Webinar – No...

Fannie Mae: MI Termination in SMDU Starting Soon Investor Update August 7, 2019 Source: Fannie Mae Frequently Asked Questions Updated policy requirements for the borrower-initiated termination of conventional mortgage insurance (MI) simplifies the process of evaluating...

FEMA Declared Disaster West Virginia FEMA Alert August 3, 2019 FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia affected by severe storms, flooding, landslides and mudslides that took place...

FEMA Declared Disaster Kansas FEMA Alert Update August 5, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kansas affected by severe storms, straight-line winds, tornadoes, flooding, landslides...

  FEMA Declared Disaster Missouri FEMA Alert Update August 16, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Missouri affected by severe storms, straight-line winds and flooding that...

VA: VALERI Special Announcement Investor Update August 1, 2019 Source: VA The Adequacy of Servicing (AOS) process will be deployed on the evening of August 1, 2019. When a loan becomes delinquent and the servicer...

FEMA Declared Disaster West Virginia FEMA Alert August 3, 2019 FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia affected by severe storms, flooding, landslides and mudslides that took place...

Tropical Storm Erick Approaching Hawaii, Flossie Following Updated 8/6/2019 https://www.staradvertiser.com/2019/08/05/breaking-news/tropical-depression-flossie-nears-hawaiian-islands/ Updated 8/6/2019: AccuWeather published a report offering updated trajectory and forecast information relating to Tropical Storm Flossie. http://www.accuweather.com/en/weather-news/flossie-to-track-over-or-very-close-to-hawaii-early-this-week/70008966 Updated 7/30/19: AccuWeather published a report offering updated trajectory...

Is a Recession on the Way? Industry Update July 25, 2019 Source: DS News According to experts, the next recession is on its way, and could begin next year. According to the Zillow Home Price Expectations...

FEMA Declared Disaster Iowa FEMA Alert Update July 19, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Iowa affected by severe storms and flooding that took place...

Auction.com: Western U.S. Could See Foreclosure Increase Industry Update July 1, 2019 Source: Auction.com Additional Resource: DS News (Foreclosures in Western U.S. a Cause for Concern) High-level findings from the survey: • 80 percent of respondents expect only slight...

Home / Daily Dose / Hurricane Barry Property Damage Hits $500M  Print This Post Hurricane Barry Property Damage Hits $500M in Daily Dose, Featured, Government, Loss Mitigation, News 4 hours ago New data indicates that Hurricane Barry caused between $500 Million and $900 million...

FEMA Declared Disaster Texas

FEMA Alert July 17, 2019 FEMA issued a Presidential Major Disaster Declaration for areas in Texas affected by severe storms and flooding that took place June 24-25, 2019. The following counties are eligible for assistance: Individual Assistance
  • Cameron
  • Hidalgo
  • Willacy
See Link below for more information: https://www.fema.gov/news-release/2019/07/17/president-donald-j-trump-approves-major-disaster-declaration-texas   Additional Resources FEMA’s web site FEMA’s Disaster Declaration Process HUD Moratorium on Foreclosure VA’s Policy Regarding Natural Disasters Freddie Mac Disaster Relief Policies Fannie Mae’s Natural Disaster Relief Policies

FEMA Declared Disaster Ohio FEMA Alert Update July 17, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Ohio affected by severe storms, straight-line winds, tornadoes, flooding, landslides...

Freddie Mac: FHLMC Guide Bulletin 2019-12: Servicing Updates Investor Update July 12, 2019 Source: Freddie Mac We’re making changes to simplify servicing mortgages for Freddie Mac. Today’s Single-Family Seller/Servicer Guide (Guide) Bulletin 2019-12 announces updates related to: ...

VA: VALERI Servicer Newsflash Investor Update July 15, 2019 Source: VA IMPORTANT INFORMATION Servicer Recorded Training – The recorded May 2019 servicer training is now available and is located under the Servicer Access to VALERI section on...

Freddie Mac: REO Reimagined is Here Investor Update July 15, 2019 Source: Freddie Mac Today, we are relieving Servicers of most post-foreclosure responsibilities for real estate owned (REO) properties in response to client feedback. Under...

FEMA Declared Disaster Oklahoma FEMA Alert July 12, 2019 FEMA issued a Presidential Major Disaster Declaration for areas in Oklahoma affected by severe storms, tornadoes, straight-line winds and flooding that took place April...

TO: Freddie Mac Sellers July 10, 2019 | 2019-16 SUBJECT: SELLING UPDATES This Guide Bulletin announces: Home Possible® Mortgages Changes to the income limits related to Home Possible Mortgages, including: ➢ ...

July 10, 2019 Servicing Guide Updates The Servicing Guide has been updated to include changes or clarifications related to the following: Escrow Waiver Requirements* Compliance with Office of Foreign Assets Control...

Investor Update June 12, 2019 Source: Fannie Mae This Servicing Guide Announcement includes information related to the following: Simplification of Partial Releases* Miscellaneous Revisions* Reminder of Fannie Mae Extend Modification for Disaster Relief *Policy...