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.”
- City of Cleveland OH House Explosion
- January 29th, 2010
A recent report from News Channel 5 (Cleveland) discusses a house that was destroyed when it exploded on the West 83rd block in Cleveland, OH (Zip Code 44102). The explosion caused significant damage to the surrounding homes on West 83rd and on neighboring streets. An initial list of the damaged homes is available to servicers upon request by submitting an email to: robert.klein1@safeguardproperties.com
- Fannie Mae Announces Assistance on HomePath® Properties
- January 29th, 2010
Fannie Mae has issued a news release titled, Fannie Mae Announces 3.5 Percent Assistance on HomePath® Properties
- Freddie Mac Partners with Non-Profit Groups
- January 29th, 2010
Freddie Mac has issued a press release titled, Freddie Mac, Non-Profit Groups Team Up to Help Discouraged Borrowers Pursue Loan Modifications
- Properties Magazine - Managing a Move
- January 29th, 2010
- Safeguard Properties' recent move to their new Valley View, OH location is the focus of an article in Properties Magazine, Northeast Ohio's monthly realty, construction and architecture magazine.
- Treasury Department and HUD HAMP Update
- January 29th, 2010
The U.S. Department of the Treasury and Department of Housing and Urban Development (HUD) has released Supplemental Directive 10-01 titled Home Affordable Modification Program – Program Update and Resolution of Active Trial Modifications
- Foreclosure Rates and Transportation Costs
- January 28th, 2010
As discussed in a recent article from American Banker, The Natural Resources Defense Council released a study that "found a direct link between foreclosure rates and the transportation costs in a given area."
- Summit County OH Vacant Property Task Force
- January 28th, 2010
As discussed in a recent article from The Beacon Journal, a Vacant Property Task Force has been assembled in Summit County to address the growing problem of abandoned and vacant properties in this area. The Task Force recently released its findings and made recommandations to combat this issue.
- FHLMC Bulletin 2010-1
- January 27th, 2010
- On January 26, 2010, Freddie Mac has issued the following Single Family Seller/Servicer Guide Update regarding Guide Bulletin 2010-1.
- HAMP Second Lien Program
- January 27th, 2010
In a featured article in DS News, the HAMP Second Lien Program which was originally introduced in April 2009, now has its first participating servicer.
- Lansing State Journal "Government reworking mortgage aid program"
- January 27th, 2010
In a recent article, the Lansing State Journal discusses proposed plans by the Obama administration to "rework its struggling mortgage relief program" and "prod lenders to slash the total amount borrowers owe".