Investor Update November 18, 2020 Source: HUD Today, the Federal Housing Administration (FHA) published an update to Single Family Housing Policy Handbook 4000.1 (SF Handbook). This update includes revisions and additional clarifications to various FHA policies and programs throughout the SF Handbook since its last update on January 2, 2020, as...
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, 28636) *Major flooding reported at Hiddenite Family Campground – Kannapolis (Cabarrus/Rowan Counties, 28081, 28082, 28083) – Morganton (Burke...
Updated 11/9/20: The Weather Channel issued a report providing the latest updates on Tropical Storm Eta, which made landfall in the Florida Keys and lashed the area with torrential rain. Tropical Storm Eta’s Drenching Rains Turn Florida Streets Into Rivers Additional Resource: Local10.com (Water invading neighborhoods across Broward County due...
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 following parishes have been approved for assistance: Individual Assistance Allen Iberia Louisiana Hurricane Delta (DR-4570 Amendment 2) FEMA...
FEMA Alert Update March 25, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Puerto Rico affected by earthquakes from December 28, 2019, to July 3, 2020. The following municipality is eligible for assistance: Individual Assistance Rancon Puerto Rico Earthquakes (DR-4473 Amendment No. 9) FEMA Alert November...
Updated 10/28/20: Fannie Mae updated Lender Letter LL-2020-13 to provide procedural details for servicers related to the reclassification of delinquent MBS mortgage loans and to clarify effective dates. Lender Letter LL-2020-13: Automatic Reclassification of Delinquent MBS Mortgage Loans Investor Update September 30, 2020 Source: Fannie Mae This Lender Letter provides advance notice...
Updated 11/2/20: Freddie Mac updated the effective date for the deployment of the new Unified Counterparty Experience System® from November 8, 2020 to December 7, 2020. FHLMC Guide Bulletin 2020-42 Investor Update August 19, 2020 Source: Freddie Mac Review today’s Single-Family Seller/Servicer Guide (Guide) Bulletin 2020-33 to learn more about selling and servicing updates related to...
Updated 1/27/20: FEMA issued an update to a Presidential Major Disaster Declaration for areas in Alabama affected by Hurricane Zeta from October 28-29, 2020. Alabama Hurricane Zet a (DR-4573 Amendment 2 Updated 12/31/20: FEMA issued a Presidential Major Disaster Declaration for areas in Mississippi affected by Hurricane Zeta from October...
Updated 10/27/20: CNN published a report providing the latest forecast information for Tropical Storm Zeta, which is tracking toward the U.S. Gulf Coast after making landfall in Mexico as a Category 1 hurricane. Tropical Storm Zeta makes its way toward the US coast after slamming into Mexico...
Updated 10/19/20: CNN published a report offering the latest on a powerful aftershock stemming from a July earthquake that struck near the Alaskan coast. No major damage has been reported at this time. Small tsunami generated by magnitude 7.5 earthquake that prompted evacuation orders Industry Alert July 22, 2020 Source: The...
