Investor Update December 28, 2020 Source: VA 1. Background and Purpose. Under Executive Order 13945, Section 2, of August 8, 2020, it is the policy of the United States to minimize, to the greatest extent possible, residential foreclosures and evictions during the ongoing COVID-19 national emergency. The purpose of this Circular...
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 801 Olowalu Village Road) Update 4:35 p.m.: Damage Report from brush fire includes community hall/church A community...
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 – Nashville: Area of 166 2nd Avenue North (Davidson County, 37201) (CNN) — The computerized voice coming...
Disaster Alert December 25, 2020 Source: Newsweek Additional Resources: News 4 JAX (Damage, power outages in wake of Christmas Eve storms) Tampa Bay Times (Strong Christmas Eve weather tears through Largo mobile home community) KSLA News 12 (National Weather Service confirms tornadoes went through Jasper & Newton Counties) 13 News Now (NWS: At least one tornado...
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 Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer...
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 eviction moratorium announced by USDA, Single Family Housing Guaranteed Loan Program (SFHGLP) on March 19,...
Disaster Alert December 21, 2020 Source: The Weather Channel NOTE: This has not yet been declared a FEMA Major Disaster. At a Glance Hawaii’s Kilauea volcano erupted Sunday night. The eruption occurred within the Halema’uma’u crater. A magnitude 4.4 earthquake followed the eruption The Kilauea volcano on Hawaii’s Big Island erupted Sunday...
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 maintaining temporary policy flexibilities for lenders and servicers WASHINGTON – Today, the Federal Housing Administration (FHA)...
FEMA Alert December 21, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Oklahoma affected by a severe winter storm from October 26-29, 2020. The following counties have been approved for assistance: Public Assistance Caddo Canadian Cleveland Dewey Grady Kingfisher Kiowa Logan Noble Oklahoma Payne Pottawatomie ...
Disaster Alert December 15, 2020 Source: The Weather Channel NOTE: This has not yet been declared a FEMA Disaster. At a Glance Winter Storm Gail is forecast to strike the East Coast Wednesday into Thursday. Heavy snow is expected near or just north and west of portions of the Interstate 95...
