Author: Alert team

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...

Investor Update May 12, 2021 Source: Fannie Mae With the introduction of Property 360™ for REOgrams™, Servicers have a simplified process for managing REOgram notification, which is the process of notifying Fannie Mae of the acquisition of REO due to Foreclosure or Mortgage Release™ (Deed-in-Lieu of Foreclosure). Property 360...

Industry Update May 11, 2021 Source: ATTOM Data Solutions Foreclosure Starts and Completed Foreclosures Decrease 1 Percent from Last Month, 17 Percent Compared to April 2020 IRVINE, Calif. — May 11, 2021 — ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), a...

FEMA Alert Update May 11, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Oklahoma affected by severe winter storms that took place February 8-20, 2021. The following additional county has been approved for assistance: Individual Assistance Muskogee Oklahoma Severe Winter Storms (DR-4587 Amendment...

FEMA Alert Update June 10, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Virginia affected by severe winter storms that took place February 11-13, 2021. The following additional counties have been approved for assistance: Public Assistance Chesterfield Hanover Virginia Severe Winter Storms (DR-4602...

FEMA Alert Update June 22, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Tennessee affected by severe storms, tornadoes and flooding that took place March 25 to April 3, 2021. The following additional county has been approved for assistance: Public Assistance Marion Tennessee...

Investor Update May 7, 2021 Source: HUD It has been brought to the attention of the Federal Housing Administration (FHA) that some mortgagees and others are unclear about when it is appropriate to begin reviewing borrowers for COVID-19 loss mitigation options. FHA requires that mortgagees review borrowers for the COVID-19...

FEMA Alert Update May 5, 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 counties have been approved for assistance: Public Assistance Bell ...

FEMA Alert Update May 27, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia affected by severe storms and tornadoes that took place March 25-26, 2021. The following county has been approved for assistance: Public Assistance Gordon Georgia Severe Winter Storms (DR-4600 Amendment...