All Client Alerts
Keeping ahead of frequent industry changes is essential for mortgage servicers. Falling behind is not an option. Failure to comply with changes in regulations, legislation, guidelines and other issues can be costly and time-consuming.
This is why Safeguard provides its “All Client Alert” email newsletter, designed to keep you informed as changes occur.
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- SPI Deed in Lieu of Foreclosure Property Condition Inspection
- January 20th, 2003
- VA Flood Insurance Requirements
- January 4th, 2003
Please see the following
recent release from the Department of Veterans Affairs
(VA).
The authority of the National Flood Insurance Program (NFIP) to
issue new policies is set to expire December 31, 2002. When
Congress reconvenes in January, it is expected that they will
reauthorize the NFIP retroactive to January 1, 2003. However, in
the interim, there will be some period during which only privately
issued flood insurance policies will be available. See attached
document for instructions for flood insurance prior to the
reauthorization.
To view the entire release, please click on the
following:
http://www.homeloans.va.gov/new.htm