Compliance Newshub
Disaster News

The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Louisiana affected by severe storms, tornadoes, and flooding.

Mortgage Professional America-The Associated Press

Hawaii Governor David Ige has extended the coronavirus pandemic eviction moratorium by 60 days, through August 6, 2021.

Oregon House Bill 2009 extends temporary limitations on lenders' remedies for borrowers' failures to make payments on obligations secured by mortgages, trust deeds, or land sale contracts for certain real property from December 31, 2020 to June 30, 2021.

The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of West Virginia affected by severe storms.

Mortgage Bankers Association

According to CoreLogic 2021 Hurricane report identifies more than 31 million single-family homes as high-risk.

The FDIC, the Federal Reserve Board, and the OCC have granted a 36 month extension to the original period provided in the January 2018 Interagency Statement on CRA Consideration for Community Development Activities in Puerto Rico and the U.S. Virgin Islands.

The FDIC announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Tennessee affected by severe storms, tornadoes, and flooding.

The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Kentucky affected by severe storms, flooding, landslides, and mudslides.

FDIC announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Alabama affected by severe storms, straight-line winds, and tornadoes.

Freddie Mac Bulletin 2021-15 extends the effective date through May 31, 2021, for appraisal flexibilities; completion report flexibilities, including builder certification and GreenCHOICE^® Mortgage flexibilities; and CHOICERenovation^® Mortgage flexibilities.

The Small Business Administration (SBA) extended the Paycheck Protection Program application period through May 31, as well as the SBA processing period an additional 30 days.

New York Senate Bill 2508 PART LL extends the "covered period" for forbearance of residential mortgage payments from March 7, 2020, until the latter of December 31, 2021, or the date on which COVID-19 Executive Orders continue to apply in the county of the qualified mortgagor's residence.