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.
Click here to subscribe to Safeguard’s “All Client Alert.”
- Cuyahoga County Foreclosure Backlog
- December 31st, 2006
- As previously discussed the high volume of foreclosures in Cuyahoga County has caused extensive delays in processing the files in County Courts.
- Cuyahoga County Foreclosures
- December 31st, 2006
- Cleveland State University was requested to provide an initial assessment of the first 18 months of previously announced initiatives.
- Fannie Mae Announcement 06-27 Introduction of Fannie Mae Single-Family MBS Master Trust Agreement
- December 31st, 2006
- Fannie Mae has released Announcement 06-27 titled, "Introduction of the Fannie Mae Single-Family MBS Master Trust Agreement." With this Announcement, Fannie Mae amends it core requirements for servicers managing both its fixed and adjustable rate loans, including new requirements for default management and loan administration.
- FEMA Declared Disaster Areas Missouri and Oregon Severe Storms
- December 30th, 2006
- On March 5th, the following 4 counties were added to the original Missouri declaration as being eligible for Public Assistance: Callaway, Camden, Marion and Miller.
- HUD ML 2006-30 Guidance on Mortgagee Approval Handbook
- December 26th, 2006
- HUD has released Mortgagee Letter 2006-30 titled, Guidance on Handbook 4060.1 REV-2, FHA Title II Mortgagee Approval Handbook.
- HUD ML 2006-31 Tier Ranking Scores
- December 26th, 2006
- HUD has released Mortgagee Letter 2006-31 announcing the results of HUD's Tier Ranking Scores (TRS) for Round 26 covering the fiscal year 2006 performance period. The assessment used to determine additional incentives for the 2007 calendar year is linked to these scores.
- HUD ML 2006-32 Management and Marketing (M&M) Contractor Change for the State of Georgia
- December 26th, 2006
- HUD has issued Mortgagee Letter 2006-32 announcing the change for HUD's Management and Marketing Contractor servicing the state of Georgia and provide the contact information needed for the submission of Preservation and Protection (P&P) requests related to HUD-owned properties in Georgia.
- Safeguard Named Weatherhead 100 Centurion Winner
- December 18th, 2006
- Safeguard Properties , a field services outsourcer to the mortgage loan industry, has been selected as a 2006 Weatherhead 100 award winner. Presented by the Weatherhead School of Management at Case Western Reserve University in Cleveland, Ohio, the Weatherhead 100 showcases the fastest growing companies in Northeast Ohio.
- Cook County, Illinois Foreclosing on a Deceased Borrower
- December 17th, 2006
- The following news release from Pierce & Associates, P.C. discusses a recent opinion by Judge Simko concerning actions to be taken when foreclosure is initiated on a borrower who is deceased.
- Fannie Mae LL 06-24 Process for Foreclosing on Mortgage Loans Reflecting MERS as Mortgagee
- December 17th, 2006
- Fannie Mae has released Lender Letter 06-24 describing Fannie Mae's new policy related to foreclosure actions for mortgages in which Mortgage Electronic Registration Systems, Inc. ("MERS") is the mortgagee of record.