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. 

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FEMA Declared Disaster Areas Indiana Severe Winter Storms and Flooding
January 31st, 2008

Update

On May 21st, the following two (2) counties were declared eligible for Public Assistance: Allen and Fulton Counties.

Please see below for an updated Excel spreadsheet of affected zip codes.

City of Cleveland Lawsuit
January 16th, 2008
Mayor Frank Jackson and the City of Cleveland have filed a lawsuit in Cuyahoga County Common Pleas Court against 21 banking institutions claiming their subprime lending practices created a public nuisance that hurt property values and city tax collections.
USDA RD AN No 4321 SFHGLP Loss Mitigation Comprehensive Policy Clarification
January 16th, 2008

The USDA Rural Development has released RD AN No 4321 titled, "Single Family Housing Guaranteed Loan Program Loss Mitigation Comprehensive Policy Clarification".

VA Phoenix RLC Loan Guaranty Information Bulletin No. 26-08-12
January 16th, 2008
The Phoenix Regional Loan Center has released Information Bulletin No. 26-08-12 titled, "Paid in Full Loans".
Wall Street Journal Home Equity Loans
January 16th, 2008
A recent feature discusses the negative effects of falling home values on home equity loans and home-equity lines of credit.
HUD ML 2008-01 New Single Family Loan Servicing Contractor
January 15th, 2008
HUD has issued Mortgagee Letter 2008-01 titled, "New Single Family Loan Servicing Contractor".
FEMA Declared Disaster Areas Nebraska Severe Winter Storms
January 14th, 2008
On January 11th, FEMA issued a Presidential Disaster Declaration for areas in the State of Nebraska.
FEMA Declared Disaster Areas Nebraska Severe Winter Storms
January 14th, 2008
On January 11th, FEMA issued a Presidential Disaster Declaration for areas in the State of Nebraska.
FEMA Declared Disaster Areas Nevada Severe Winter Storms
January 9th, 2008
On January 8th, FEMA issued a Presidential Disaster Declaration for areas in the State of Nevada.
Enterprise Community Partners Community Revitalization Initiatives Summary Document
January 7th, 2008
Enterprise Community Partners continues to be at the forefront of the community development and affordable housing field. As previously discussed,  Vice President of Public Policy Ali Solis recently presented several platform ideas to revitalize communities throughout the country at their annual conference.
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