Freddie Mac extended the foreclosure moratorium for properties in Puerto Rico and the Virgin Islands affected by Hurricanes Irma or Maria. The foreclosure moratorium is extended through May 31, 2018. However, a servicer may choose to proceed with a foreclosure sale prior to May 31, 2018 if: the property is vacant or abandoned; the servicer completes a property inspection; and there is no insurable damage or ability to receive Federal Emergency Management Agency (FEMA) funds with respect to the property.
Fannie Mae
Fannie Mae Issues Servicing Guide Announcement SVC-2024-06
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
November 14, 2024
