Author: Alert team

Updated 5/19/20: Naples Daily News published an article providing updates on the 36 Avenue SE Fire, which has destroyed 12 homes and 33 outbuildings in Collier County, Fla. 36th Avenue SE Brush Fire Shrinks in Size, Containment Increases to 75% Updated 5/15/20: The Weather Channel published a report detailing wildfire activity...

ATTOM: 3.6 Million Homes Considered Seriously Underwater Industry Update May 7, 2020 Source: ATTOM Data Solutions Equity-rich Properties in First Quarter of 2020 Comprise 26 Percent of All Mortgaged Homes; Seriously Underwater Properties Make Up Just 7 Percent IRVINE, Calif. — May 7, 2020 — ATTOM Data Solutions, curator of the nation’s premier...

HUD: Interagency COVID-19 Servicer Fact Sheet Investor Update May 6, 2020  Source: HUD Coronavirus Relief, and Economic Security Act (CARES Act) Mortgage Payment Forbearance The CARES Act provides a mortgage payment forbearance option for all borrowers who, either directly or indirectly, suffer a financial hardship due to the novel coronavirus (COVID-19) national emergency. Guidance for Assisting...

FEMA Declared Disaster South Carolina FEMA Alert Update May 12, 2020 FEMA issued an update Presidential Major Disaster Declaration for areas in South Carolina affected by severe storms, tornadoes and straight-line winds that took place April 12-13, 2020. The following counties are eligible for assistance: Individual Assistance Barnwell Berkeley South Carolina...

Investor Update April 27, 2020 Source: FHFA Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Kate Fulton will join FHFA as Chief Operating Officer on May 26, 2020. Fulton comes to FHFA from the Consumer Financial Protection Bureau (CFPB) where she currently serves as COO under Director...

CFPB: Mortgage Loan Transfer Process to Prevent Consumer Harm Industry Update April 24, 2020 Source: CFPB WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today outlined practices to provide mortgage servicers clarity, facilitate compliance, and prevent harm to consumers during the transfer of residential mortgages. A mortgage servicer typically collects and...

FEMA Declared Disaster Tennessee FEMA Alert April 24, 2020 FEMA issued a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms, tornadoes, straight-line winds and flooding that took place April 12-13, 2020. The following counties are eligible for assistance: Individual Assistance Bradley Hamilton Public Assistance Bradley Campbell Hamilton ...