Author: Alert team

Investor Update September 25, 2019 Source: FHFA Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its second quarter 2019 Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 31,757 foreclosure prevention actions in the second quarter of 2019, bringing the total number of foreclosure...

Updated 9/24/19: CBS News published a report outlining earthquake activity near Puerto Rico as Tropical Storm Karen approaches the island.Puerto Rico, Virgin Islands brace for Tropical Storm Karen Disaster AlertSeptember 23, 2019 Source: CNN NOTE: This has not yet been declared a FEMA Disaster. (CNN) – Tropical Storms Karen, Jerry and...

  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 by Tropical Storm Imelda and describes measures mortgagees may employ to provide relief. Circular 26-19-29: Special...

FEMA Declared Disaster LouisianaFEMA Alert UpdateOctober 17, 2019 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Louisiana affected by flooding that took place May 10 to July 24, 2019. The following parish is eligible for assistance: Public Assistance St. Mary  FEMA Louisiana Flooding (DR-4462 Amendment...

Investor UpdateSeptember 18, 2019 Source: Freddie Mac Single-Family Seller/Servicer Guide (Guide) Bulletin 2019-19 announces Servicing Gateway – one platform, one login, one doorway to most Freddie Mac servicing tools. Beginning November 25, 2019, Servicing Gateway will offer an efficient and simplified way of working via a unified portal that offers a single...

Disaster AlertSeptember 17, 2019 Source: The Weather Channel Additional Resource: National Weather Service Flood Watch County ZIP Codes (as of 9/18/19): Texas Louisiana NOTE: This has not yet been declared a FEMA Major Disaster. At a Glance Imelda will produce heavy rain the next few days in parts of Texas and western LouisianaThis rainfall...

Updated 9/14/19: The Orlando Sentinel published a report offering the latest forecast information for Tropical Storm Humberto. Tropical Storm Humberto forms, path steers away from Florida (full report) Disaster AlertSeptember 13, 2019 Source: The Weather Channel Additional Resource: Coastal County ZIP Codes: Florida (east coast) Georgia North Carolina South Carolina NOTE: This has not yet been declared a FEMA...

Sale includes Community Impact Pool Source: HousingWire September 12, 2019 Kelsey Ramírez Fannie Mae began marketing its latest sale of non-performing loans totaling more than $1 billion in unpaid principal balance. The latest non-performing loans sale included the company’s sixteenth Community Impact Pool. Why you need construction loan management techSponsored by Land...

DECLARED SEPTEMBER 13, 2019 SUMMARY STATE: Arkansas NUMBER: FEMA-4460-DR INCIDENT: Severe Storms, Straight-line Winds, Tornadoes, and Flooding INCIDENT PERIOD: June 23-24, 2019 DATE REQUESTED BY GOVERNOR: August 15, 2019 FEDERAL COORDINATING OFFICER: Jerry S. Thomas National FCO Program DESIGNATIONS AND TYPES OF ASSISTANCE: INDIVIDUAL...