Author: Alert team

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 Fee Jurisdictional Host: Office of Lender Activities and Program Compliance Registration Link: https://www.webcaster4.com/Webcast/Page/753/31351 Description: This free, online webinar will...

VA: Circular 26-19-22: Clarification and Updates to Policy Guidance for VA Interest Rate Reduction Refinance Loans (IRRRLs) Investor Update August 8, 2019 Source: VA 1. Purpose. The purpose of this Circular is to consolidate and clarify guidance regarding how section 309 of Public Law 115-174, the Economic Growth, Regulatory Relief, and Consumer...

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 borrower-initiated requests for MI termination. This streamlined process will deliver a better customer experience for...

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 June 29-30, 2019. The following counties are eligible for assistance: Public Assistance Grant Pendleton Preston Randolph Tucker FEMA...

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 and mudslides that took place April 28 to July 12, 2019. The following counties are eligible...

  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 took place March 11 to April 16, 2019. The following counties are eligible for assistance: Public...

New Coastal Homes Raise Flood Risks Source: MBA Newslink Mike Sorohan msorohan@mba.org August 06, 2019 An analysis by Climate Central, Princeton, N.J., and Zillow, Seattle, shows nearly 20,000 homes built in the past decade are at significant risk of chronic coastal flooding by 2050. The report said more than 800,000 existing...

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 has reported an Electronic Default Notice event, VALERI will automatically open the AOS review process...

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 June 29-30, 2019. The following counties are eligible for assistance: Public Assistance Grant Pendleton Preston Randolph Tucker Additional...

FEMA has released Planning Considerations: Evacuation and Shelter-in-Place: Guidance for State, Local, Tribal, and Territorial Partners today. The document draws upon the collective experience of those partners to provide relevant concepts, principals, and guidance as a resource for emergency managers and planners. Evacuation and shelter-in-place protective...