Author: Alert team

6,427 viewsJul 24, 2019, 12:15pm Wall Street Ready To Close Deals As Mortgages Go Digital  Source: MergermarketContributor  Markets By Yizhu Wang, with analytics by Philip Segal Getting a mortgage is often a hassle for borrowers as well as loan officers who are buried in redundant paperwork. Entrepreneurs, many of whom suffered...

Analyzing Hurricane Barry’s Impact on Housing source: Daily Dose New data indicates that Hurricane Barry caused between $500 Million and $900 million in flood and wind losses. According to CoreLogic, flood loss for residential and commercial properties in Louisiana is estimated to be between $200 million and $400 million,...

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 changes in foreclosure and bank-owned (REO) inflow in the second half of 2019, with a...

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 in flood and wind losses. According to CoreLogic, flood loss for residential and commercial properties in...

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 and mudslides that took place May 27-29, 2019. The following county is eligible for assistance: Public Assistance ...

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: Deed-in-lieu of foreclosure inspection requirements. EDR Codes. Subsequent transfer of servicing requirements for mortgages registered...