Ginnie Mae Extends Some COVID-19 Policies

Ginnie Mae is extending the deadline for delinquency reporting exemptions and for alternative audit procedures Ginnie Mae announced last week that it is extending certain pandemic-era policies, including delinquency reporting exemptions. Delinquency reporting exemptions were set to expire at the end of July,

FEMA: Nearly $1.3M Awarded to Connecticut for 2018 Storm Recovery Costs

The Federal Emergency Management Agency said Wednesday it has awarded nearly $1.3 million to Connecticut to reimburse the administrative costs of recovering from tornadoes and storms that struck the state on May 15, 2018. The agency said the state Department of

Fannie Mae to sell $1.6B reperforming loan pool

The offering is the agency’s 26th sale of reperforming loans since the inaugural deal in 2016 Fannie Mae has unveiled its third reperforming loan sale of the year, an offering of nearly 10,000 loans valued at $1.57 billion. The offering,

June 2022 NAMFS Industry Pricing Initiative Update

NAMFS is pleased to provide this update to the Mortgage Field Services Industry regarding this important initiative. We encourage our members to share this information with their network. As previously reported, NAMFS was able to present our Mortgage Field Services

Working Without a Crystal Ball

Increasing mortgage rates, coupled with a hot housing market, have some pundits prepping for economic doom and gloom and the eventuality of a housing market crash. The reality is that today we are in a much different scenario than the

Has the Housing Market Finally Peaked? Experts Weigh In.

Has the U.S. housing market peaked? The real estate market has been hot for a few years now. Buyer demand has stayed strong and home prices have risen dramatically, despite continued low inventory and rising rates. But there are signs

FEMA to Begin Assessment of Gaylord’s Deadly EF3 Tornado

GAYLORD, MI – Response teams from the Federal Emergency Management Agency, FEMA, will be in Gaylord Tuesday to begin their assessment tornado damage, Michigan State Police said.  The deadly EF3 tornado hit the Northern Michigan town on Friday afternoon, May 20.

9 Months Later Nearly 400 Waiting for FEMA Trailers

Karen DeHart says they’re still waiting on a trailer for their Pointe-aux-Chenes home as another hurricane season is on the horizon.

FEMA Advances Equity, Provides Direct Support to Underserved Communities to Invest in Resilience

Agency Announces First Selections Awarded for Two Mitigation Grant Programs  WASHINGTON — FEMA is expediting mitigation grant selections and assistance to help states, local communities, tribes and territories enhance disaster resiliency sooner. The awards totaling $91.2 million are the first

Program Evaluation and Other Activities for the Emergency Management Baseline Assessment Grant Program

The Emergency Management Baseline Assessment Grant Program (EMBAG) supports national level standards related to emergency management program accreditation or professional certification that have also been accredited by a national level accreditation body for standards, like the American National Standards Institute