Freddie Mac said Wednesday that its full menu of mortgage relief options is being extended to families whose homes were damaged or destroyed by the recent floods in Rhode Island, Massachusetts.
The California wildfires continue to spread across the state, and now the government-sponsored enterprises are stepping up to offer help to victims. mortgage servicer for assistance as soon as.
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Freddie Mac is extending mortgage relief to Colorado homeowners whose homes were damaged or destroyed by last week’s floods. Freddie Mac lends flood victims a hand. Freddie Mac is.
CoreLogic: Nearly 1 million houses float back into positive equity Approximately 2.5 million more residential properties returned to a state of positive equity during the second quarter of 2013, according to the CoreLogic second- quarter home equity report.
Freddie Mac may make special announcements through press releases, Industry Letters/Guide Bulletins, and the News & Insights page. Consult Guide Chapter 8404 for Disaster Policies . To assist borrowers with Freddie Mac-owned mortgages who reside in the designated areas, Servicers must immediately begin following the disaster relief requirements.
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Alliance calls for immediate housing reform The Alliance is also releasing a series of background papers, which delve into greater detail about prior proposals for reform, international regulatory systems, and specific aspects of the US regulatory system. “The aim is a simpler, clearer, adaptive, and resilient regime that has a mandate to deal
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COMMITTED: Freddie Mac aims for 75% reduction in short-sale timelines Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ¨ No x Indicate by check mark if the registrant is not required to file.
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Similar measures were instituted last week for victims of earlier storms Oklahoma as well. Fannie Mae, the sibling agency to Freddie Mac and the nation’s largest insurer of mortgage loans, has not announced any mortgage relief initiatives for victims of the recent storms as of this writing.
Freddie Mac, meanwhile, announced in an Aug. 16 news release it also is extending disaster relief for eligible louisiana homeowners. "Freddie Mac strongly encourages borrowers whose homes or businesses were harmed by the floods to immediately call their mortgage servicer to discuss mortgage relief," Yvette Gilmore, vice president of single.
In an effort to assist borrowers effected by the hurricanes and floods, Freddie Mac announced updates to. to discuss options around suspense fee relief on Best Effort and Mandatory Loans. On.