Author: Alert team

Industry Update May 5, 2021 Source: HousingWire A federal judge has overturned the Centers for Disease Control eviction moratorium, ruling that the agency does not have the legal authority to impose a nationwide eviction moratorium. The reversal may be short lived. Even if it stands, it may not grant much relief to landlords...

FEMA Alert Update July 7, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi affected by severe winter storms that took place February 11-19, 2021. The following additional counties have been approved for assistance: Public Assistance Clay Holmes Quitman Webster Wilkinson Mississippi Severe...

Disaster Alert May 4, 2021 Source: The Weather Channel Additional Resources: The Atlanta Journal-Constitution (Tornadoes Touch Down in SC, Kentucky; Tupelo Hit at Night) Kentucky.com (Tornado Leaves Trail of Major Damage in Kentucky. See the Aftermath) WFAA ABC 8 (Damage Seen Across North Texas After Reports of 3 Possible Tornadoes) Approximate locations (according to media...

Disaster Alert May 3, 2021 Source: The Weather Channel Approximate locations (according to media outlets) sustaining structural damage: Mississippi Tornadoes – Byram (Hinds County, 39170, 39212, 39272) – Calhoun City (Calhoun County, 38916, 38955) – Tchula (Holmes County, 39169) – Tupelo (Lee County, 38801, 38802, 38803, 38804) *Concentrated home damage reported in Elvis Presley Museum area...

FEMA Alert Update June 8, 2021 FEMA issued an update to a Presidential Major Disaster Declaration for areas in Alabama affected by severe storms, straight-line winds and tornadoes that took place March 25-26, 2021. The following additional counties have been approved for assistance: Public Assistance Bibb Calhoun Clay ...

Legislation Update April 26, 2021 Source: LegiScan (HB 6593 Information/Full Text) Sample Bill Text:   16 (b) No property preservation clause set forth in any mortgage 17 permitting the mortgagee the right to secure, preserve or protect the 18 residential real property shall be construed as to permit the mortgagee, 19 or any agent, employee...

Investor Update April 26, 2021 Source: HUD Today, the Federal Housing Administration (FHA) announced the availability of the prerecorded webinar — Single Family Housing Policy Handbook 4000.1 Section III: Servicing and Loss Mitigation Key Changes — that covers the policy changes and process improvements to the Servicing and Loss Mitigation section of Handbook 4000.1 that published...

Disaster Alert April 25, 2021 Source: FOX News Additional Resources: AL.com (Two Tornadoes Confirmed in Alabama from Saturday’s Storms) NBC 4 (Confirmed Tornado Touched Down in New York During Wednesday’s Powerful Storms) Approximate locations (according to media outlets) sustaining structural damage: Alabama Tornado – Headland (Henry County, 36345) New York Tornado – Amenia (Dutchess County, 12501) Texas Tornadoes – Lockett (Wilbarger County,...

FEMA Alert April 23, 2021 FEMA issued 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: Individual Assistance Breathitt Clay Estill Floyd Johnson ...