Author: Alert team

Investor Update May 20, 2021 Source: FHFA Additional Resources: FHFA FHFA Publishes First-of-its-Kind Comprehensive Dataset on Mortgage Risk from 1990-2019 (Press Release)   Author: William Larson (FHFA), Morris Davis (Rutgers), Stephen Oliner (American Enterprise Institute), Benjamin R. Smith (University of Pennsylvania) *Updated 5/20/2021 Abstract: This paper provides a comprehensive account of the evolution of default risk for newly...

FEMA Alert May 20, 2021 FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia affected by severe storms and flooding that took place February 27 to March 4, 2021. The following counties have been approved for assistance: Individual Assistance Cabell Kanawha Mingo Wayne Public Assistance Boone ...

Investor Update May 19, 2021 Source: Freddie Mac In today’s Single-Family Seller/Servicer Guide (Guide) Bulletin 2021-18, we’re introducing PAID (Payments Automated Intelligent and Dynamic), a reengineered expense reimbursement tool. PAID replaces Reimbursement System (VendorScape®) on September 27, 2021.PAID is part of Reimagine Servicing®, our initiative to improve the client experience by embracing...

Disaster Alert May 18, 2021 Source: CNN Additional Resources: Office of Alaska Governor Mike Dunleavy (Governor Dunleavy Declares Disaster for Flooding in Buckland) Approximate areas reportedly sustaining structural damage: Alaska Flooding – Buckland (Northwest Artic Borough, 99727) NOTE: This has NOT yet been declared a FEMA Major Disaster. (CNN) — Residents of an Alaskan village were forced to...

FEMA Alert Update June 7, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kentucky affected by severe storms, flooding, landslides and mudslides that took place February 27 to March 14, 2021. The following additional counties have been approved for assistance: Public Assistance ...

FEMA Alert Update May 14, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Washington affected by a severe winter storm, straight-line winds, flooding, landslides and mudslides that took place December 29, 2020 to January 16, 2021. The following additional county has...

FEMA Alert May 13, 2021 FEMA issued a Presidential Major Disaster Declaration for areas in Hawaii affected by severe storms, flooding and landslides that took place March 8-18, 2021. The following counties have been approved for assistance: Public Assistance Kalawao Maui Hawaii Severe Storms, Flooding and Landslides (DR-4604)   Additional Resources FEMA’s...

FEMA Alert May 13, 2021 FEMA issued a Presidential Major Disaster Declaration for areas in West Virginia affected by severe winter storms that took place February 10-16, 2021. The following counties have been approved for assistance: Public Assistance Cabell Lincoln Mason Putnam Wayne West Virginia Severe Winter Storms (DR-4603)   Additional...

Investor Update May 13, 2021 Source: FHFA February 2021 Highlights — Foreclosure Prevention   The Enterprises’ Foreclosure Prevention Actions: • The Enterprises completed 60,661 foreclosure prevention actions in February, bringing the total to 5,720,846 since the start of the conservatorships in September 2008. Approximately 43 percent of these actions have been permanent...

FEMA Alert May 13, 2021 FEMA issued a Presidential Major Disaster Declaration for areas in Hawaii affected by severe storms, flooding and landslides that took place March 8-18, 2021. The following counties have been approved for assistance: Public Assistance Kalawao Maui Hawaii Severe Storms, Flooding and Landslides (DR-4604)   Additional Resources FEMA’s...