Alerts

Investor Update January 5, 2021 Source: FHFA Additional Resources: Fannie Mae (Statement on Fannie Mae’s 2021 Duty to Serve Plan from Jeffery R. Hayward, Executive Vice President and Chief Administrative Officer, Fannie Mae) “As our country...

Disaster Alert January 1, 2021 Sources: FOX Carolina (Flooding) WMAZ CBS 13 (Tornadoes) Approximate location (according to media outlets) sustaining structural damage: Georgia Tornadoes – Culloden (Monroe County, 31016) – Forsyth (Monroe County, 31029) *Mobile home flipped on Dames Ferry Road – Musella (Crawford...

Disaster Alert December 30, 2020 Source: CNN Approximate location (according to media outlets) sustaining structural damage: Texas – Corsicana (Navarro County, 75109, 75110, 75151) (CNN) – Officials in Navarro County, Texas, said a tornado touched down in the...

Disaster Alert December 28, 2020 Source: Maui Now Approximate locations (according to media outlets) sustaining structural damage: Hawaii – Olowalu (Maui County, 96761) *Home damage reported on Luawai Street; Church/community center destroyed on Olowalu Village Road (Identified as...

Disaster Alert December 25, 2020 Source: CNN Additional Resources: USA Today (‘Evacuate now. There is a bomb‘) FEMA (Incident Overview/Response) Google (Explosion Map) Damaged Buildings List (Partial) Source: Tennessean NOTE: This has not yet been declared a FEMA Major Disaster. Approximate location sustaining structural damage: Tennessee –...

Investor Update December 23, 2020 Source: FHFA Additional Resources: Fannie Mae (Fannie Mae Extends Protections for Renters Impacted by COVID-19) Freddie Mac (Freddie Mac Multifamily to Extend COVID-19 Forbearance Program) ​Washington, D.C. – Today, the Federal Housing Finance...

Investor Update December 21, 2020 Source: USDA The purpose of this announcement is to inform lenders of additional guidance to provide support to borrowers impacted by the Presidentially declared COVID-19 National Emergency. Moratorium Extension: The foreclosure and...

Investor Update December 21, 2020  Source: HUD Additional Resources: FHA INFO #20-95: Multisubject: FHA Extends the Expiration Dates for Multiple COVID-19 Related Policies Extensions ensure borrowers can continue to seek assistance and avoid eviction and foreclosure while...

FEMA Alert December 11, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in New Jersey affected by Tropical Storm Isaias on August 4, 2020. The following counties have been approved...

FEMA Alert Update January 13, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Alabama affected by Hurricane Sally from September 14-16, 2020. The following counties have...

Investor Update December 9, 2020 Source: Freddie Mac Review today’s Single-Family Seller/Servicer Guide (Guide) Bulletin 2020-46Opens in a new window to learn more about the following:▪ COVID-19 updates including:▪ An extension of the COVID-19 foreclosure moratorium through January 31, 2021;▪ Requirements...

FEMA Alert December 9, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Texas affected by Hurricane Laura from August 23-27, 2020. The following Counties have been approved for assistance: Public...

Industry Update December 8, 2020 Source: DS News President-elect Joe Biden reportedly has selected Ohio congresswoman Marcia Fudge to lead the department. If confirmed, she would be the first Black woman to oversee HUD. Politico...

Investor Update December 7, 2020 Source: Freddie Mac Additional Resource: https://guide.freddiemac.com/app/guide/bulletin/2020-33 You want greater transparency and a simpler process when it comes to meeting your annual certification obligations and reporting changes in your organization, as required...

FEMA Alert Update December 2, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Delaware affected by Tropical Storm Isaias from August 4-7, 2020. The following county...

Disaster Alert November 12, 2020 Source: AccuWeather Additional Resource: WITN (River Flooding: Latest Crest Forecasts) Approximate locations possibly sustaining structural damage/flooding: North Carolina – Charlotte (Mecklenburg County, 28202, 28204, 28206, 28208, 28213, 28269) – Forbush (Yadkin County, 27055) – Hiddenite (Alexander County,...

FEMA Declared Disaster Louisiana FEMA Alert Update December 23, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Louisiana affected by Hurricane Delta from October 6-10, 2020. The...

FEMA Alert November 5, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Puerto Rico affected by severe storms and flooding that took place September 13, 2020. The following municipality...

Disaster Alert October 19, 2020 Source: USA Today NOTE: This has not yet been declared a FEMA Disaster. Tropical Storm Epsilon formed in the Atlantic Ocean on Monday and should reach hurricane strength by Thursday, the National Hurricane Center said. As...

Investor Update October 14, 2020 Source: Freddie Mac This Guide Bulletin announces: Electronic Payment Deferral Agreement ▪ Requirements for eSignatures on Electronic Payment Deferral Agreements Transfers of Ownership and assumptions ▪ Expanded requirements for Transfers of Ownership Escrow requirements ▪ New requirement for...

Updated 12/23/20: FEMA issued an update to a Presidential Major Disaster Declaration for areas in Louisiana affected by Hurricane Delta from October 6-10, 2020. Louisiana Hurricane Delta (DR-4570 Amendment 2)   Updated 11/6/20: FEMA issued...

Investor Update October 6, 2020  Source: HUD (temporary policy waiver) Today, the Federal Housing Administration (FHA) published a temporary policy waiver to its Single Family Housing Policy Handbook 4000.1 requirements that suspends the standard inspection requirement for “interior” photographs of property...

FEMA Alert October 2, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Delaware affected by Tropical Storm Isaias from August 4-7, 2020. The following county has been approved for...

FEMA Alert October 2, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in New York affected by Tropical Storm Isaias on August 4, 2020. The following counties have been approved...

Investor Update September 24, 2020 Source: VA Fiscal Year 2020 End-of-Year Close Out – Due to end-of-year close out processing, the Department of Veterans Affairs (VA) Financial Management System (FMS) will not be available from...

FEMA Alert Update October 13, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Florida affected by Hurricane Sally beginning on September 14, 2020 and continuing. The...

Updated 1/13/21: FEMA issued an update to a Presidential Major Disaster Declaration for areas in Alabama affected by Hurricane Sally from September 14-16, 2020. https://www.fema.gov/disaster-federal-register-notice/dr-4563-al-amendment-005 Updated 9/20/20: FEMA issued a Presidential Major Disaster Declaration...

Investor Update September 9, 2020 Source: Fannie Mae The Servicing Guide has been updated to include changes to the following: Allowable foreclosure attorney fees*: updates the allowable foreclosure attorney fees for Hawaii. ▪ Miscellaneous revisions**: ▪ incorporates disaster payment deferral policies...

FEMA Alert September 9, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Puerto Rico affected by Hurricane Isaias from July 29-31, 2020. The following municipalities have been approved for...

  Investor Update September 3, 2020 Source: Fannie Mae Effective Sept. 9, the maximum allowable amount for the Judicial Foreclosure fee has been updated from $4,950 to $9,000 for Honolulu County and from $6,000 to...

Investor Update August 28, 2020 Source: USDA The purpose of this announcement is to inform lenders of additional guidance to provide support to borrowers impacted by the Presidentially declared COVID-19 National Emergency. Moratorium Extension: The 60-day...

FEMA Declared Disaster Louisiana FEMA Alert Update September 12, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Louisiana affected by Hurricane Laura from August 22-27, 2020. The following...

FEMA Declared Disaster California FEMA Alert Update November 25, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in California affected by wildfires from September 4 to November 17,...

FEMA Alert Update August 21, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Arkansas affected by severe storms and straight-line winds that took place on April...

FEMA Alert Update October 5, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Iowa affected by severe storms that took place on August 10, 2020. The following...

Investor Update August 11, 2020 Source: VA Due to the high volume of Adequacy of Servicing (AOS) cases expected to generate over the next several months, VA has increased the amount released to 5,000...

Updated 12/7/20: The Weather Channel published a report offering the latest updates regarding wildfire activity in Southern California. Fire Danger Means Power Shutoffs Possible for Over 200,000 California Homes and Businesses Updated 11/25/20: FEMA issued...

Investor Update July 15, 2020 Source: Fannie Mae The Servicing Guide has been updated to include changes to the following: ▪ Loss draft updates*: simplifies our loss draft disbursement policies while managing risk. ▪ Revisions to post-disaster credit...

Investor Update July 15, 2020 Source: Freddie Mac This Guide Bulletin announces: • Updates to insurance loss settlement requirements • Document Custody • Original Security Instrument requirement removal – August 5, 2020 • Addition of lost note affidavit (LNA) provisions – November 1,...

FEMA Alert July 9, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Hawaii affected by severe storms and flooding that took place March 27-28, 2020. The following county is eligible...

FEMA Alert July 9, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms, straight-line winds and flooding that took place May 3-4, 2020. The following counties...

FEMA Alert July 9, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Michigan affected by severe storms, and flooding that took place May 16-22, 2020. The following counties are eligible...

Industry Update July 6, 2020 Source: DS News Additional Resource: U.S. Supreme Court No. 19-631 The U.S. Supreme Court announced Monday that it has invalidated a 2015 amendment from the Telephone Consumer Protection Act (TCPA), and ruled...

Updated 10/7/20: The Guardian published an article detailing historic wildfire activity that continues to impact portions of California. California wildfires spawn first ‘gigafire’ in modern history     Updated 10/1/20: FOX News published a report offering...

Disaster Alert June 29, 2020 Source: Desert News Additional Resource: KJZZ.com (Multiple Wildfires Burn Thousands of Acres Across Utah) KSL NewsRadio: 3,100 Homes Evacuated in Saratoga Springs After Lightning Sparks Fire Near Utah Lake Evacuation Orders Lifted in...

Disaster Alert Source: FEMA (Daily Ops Briefing Slide 6) Earthquakes – Puerto Rico – At 2:42 a.m. ET on June 28, a magnitude 4.8 earthquake occurred near Ponce (pop 153k), Puerto Rico, at a depth of 7 miles –...

Disaster Alert Source: tucson.com NOTE: This has not yet been declared a FEMA Major Disaster. Residents in the southern Catalinas between Catalina Highway milepost 3 and Redington Road were given evacuation orders Sunday night due...

FEMA Alert Update June 26, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in North Carolina affected by severe storms, tornadoes and flooding that took place February...

Investor Update June 23, 2020 Source: FHFA 1​​Q20 Highlights — Foreclosure Prevention The Enterprises’ Foreclosure Prevention Actions: • The Enterprises completed 26,910 foreclosure prevention actions in the first quarter, bringing the total to 4,433,876 since the start...

Industry Update June 18, 2020 Source: CFPB WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today launched a pilot advisory opinion (AO) program to publicly address regulatory uncertainty in the Bureau’s existing regulations. The...

Investor Update June, 18 2020 Source: VA Circular 26-18-21 – Property Inspection Requirements on CARES Act Forbearance Cases, was issued on June 8, 2020, and is located at https://www.benefits.va.gov/HOMELOANS/resources_circulars.asp. Circular 26-20-18 – Extended Foreclosure Moratorium for Borrowers Affected...

Investor Update June 17, 2020 Source: Fannie Mae Additional Resource: Excess Atttorney Fee/Cost Guidelines The following AAA matrices (9) have been updated effective June 17. Please review the appropriate jurisdiction-specific AAA matrix for additional details. For full announcement,...

Fannie Mae: SVC-2020-02: Servicing Guide Update Investor Update June 10, 2020 Source: Fannie Mae The Servicing Guide has been updated to include changes to the following: ▪ Pre-modification housing expense-to-income ratio calculation for imminent default and cash...

  6.4-Magnitude Earthquake Hits California Updated 6/4/20: FOX News issued a report detailing earthquake activity in Southern California. The 5.5 magnitude event that struck near Searles Valley is believed to be an aftershock...

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 Update June 25, 2020 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi affected by severe storms, flooding and mudslides that took...

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...