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.”
- Deed in Lieu of Foreclosure
- February 28th, 2007
Deed in lieu of foreclosure the agreement to give up all ownership rights in a home or piece of property to the lender to evade the consequences of foreclosure is the subject of the following article.
- Louisiana Road Home Program Update
- February 28th, 2007
- Road Home officials mentioned recently that the rebuilding grant program expects to meet the state's goal of receiving grants to 2,300 homeowners.
- Louisiana Road Home Program Assignment Process
- February 27th, 2007
Road Home Program officials have issued clarification regarding "assignability," which refers to homeowners who want to transfer their rights to a Road Home grant to whoever buys the property.
- FHLMC Announces Servicers Recognition Award
- February 26th, 2007
- Freddie Mac recently announced that 39 single-family mortgage servicers achieved Tier One Platinum or Tier One Gold performance rankings for superior investor reporting and default management during 2006.
- FEMA Declared Disaster Areas Louisiana Severe Storms and Tornadoes
- February 25th, 2007
- On February 23rd, FEMA issued a Presidential Disaster Declaration for areas in the State of Louisiana.
- FEMA Declared Disaster Areas Oregon Severe Winter Storms and Flooding
- February 23rd, 2007
Update
On March 16th the follwoing county was added to the original disaster declaration as eligible for Public Assistance : Wasco.
Please see below for update spreadsheet of affected zip codes.
- FEMA Declared Disaster Areas Pennsylvania Severe Storms and Flooding
- February 23rd, 2007
- On February 23rd, FEMA issued a Presidential Disaster Declaration for areas in the State of Pennsylvania.
- FHLMC February 23rd Bulletin
- February 23rd, 2007
- Freddie Mac has issued its February 23rd Bulletin amending certain servicing and selling requirements.
- HUD Mortgage and Loan Insurance Programs Debenture Interest Rates
- February 23rd, 2007
HUD has released Directive Number: FR-4917-N-08 titled "Mortgage and Loan Insurance Programs Under the National Housing Act--Debenture Interest Rates"
This Directive announces changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the FHA under the provisions of the National Housing Act (the Act).
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- February 23rd, 2007