Valid Vendors

BACK TO THE NMSRD NMSRDTM - The National Mortgage Servicer's Reference DirectoryTM TABLE OF CONTENTS (28th ed.) CH 1: STATE SUMMARIES CH 2: LOAN SATISFACTION AND RECONVEYANCE REQUIREMENTS CH 3: BANKRUPTCY CH 4: DEFICIENCY RECOVERY CH 5: FAIR CREDIT REPORTING ACT CH 6: FAIR DEBT COLLECTION PRACTICES CH 7: SERVICEMEMBER'S CIVIL RELIEF ACT CH 8: FANNIE MAE CH 9: FREDDIE MAC CH 10: HUD INSURED LOANS CH 11: USDA - RURAL DEVELOPMENT CH 12: VETERANS ADMINISTRATION CH 13: PRIVATE MORTGAGE INSURANCE CH 1: STATE SUMMARIES [and STATE STATUTES] Chapter One of this publication addresses myriad mortgage loan management and servicing topics, state-by-state, in a summary (narrative) section and also in a statute (list) section. Examples of servicing topics covered are provided below. In the Summary Section - The newest topic added is "Pre-Foreclosure Notices and Other Requirements."    • Assignments    • Breach Letter Requirements    • Condemnation    • Death of an Owner/Borrower    • Deed-in-Lieu of Foreclosure    • Deficiency Judgment after Sale    • Documents needed to Initiate Foreclosure    • Eviction Synopsis    • Forbearance Agreements    • Foreclosure Synopsis    • Foreclosure Timelines – one for each state, following the state's narrative    • Judicial Foreclosure    • Mediation    • Nonjudicial Foreclosure    • Possession after Foreclosure    • Postponement of Sale    • Post-Sale/Conveyance After Foreclosure    • Pre-Foreclosure Notices & Other Requirements    • Publication Requirements    • Recoverable (or Reimbursable) Fees and Costs    • Re-conveyance    • Redemption    • Reinstatement    • Sale Continuances    • Sale Rescission    • Statutes of Limitations on Foreclosure Actions    • Substitutions of Trustee In the Statutes Section - The newest topic added is "Tenant Protections."    • Abusive Home Lending Practices    • Assignment of Bids    • Assignments of Rents    • Assumption    • Bidding at Sale    • Bidding Strategies    • Debt Collection Statutes    • Deficiency Judgment after Sale    • Documentary Transfer Tax    • Due on Sale Clauses    • Equitable Subrogation    • Escrow Accounts    • Escrow Administration    • Excess Foreclosure Sale Proceeds    • Fast Track Demolitions    • Foreign Language Accommodation    • Hazardous Waste    • Home Owner Associations    • Insurance    • Insurance Losses    • Interest on Impound Accounts    • Interest Rate Increases    • Internet Publication    • Junior Liens    • Late Charges    • Loan Modifications (non-bankruptcy)    • Loan Satisfaction    • Manufactured Housing/Mobile Homes    • Mechanic’s Liens    • Military Servicemember Requirements    • Mortgage Insurance Cancellation    • Mortgagor Request    • Non-Resident Landlords    • Non-Sufficient Funds Fees    • Notice of Default/Acceleration    • Payoff Statement Requests    • Predatory Lending    • Prepayment Penalties    • Privacy/Info Sharing    • Property Inspections    • Property Maintenance and Preservation    • Record Retention    • REO Condition Disclosure    • Resident Office    • Reverse Mortgage Servicing    • Rights of Reinstatement    • Sale of Servicing    • Short Sales    • Spousal Signature    • Super Liens    • Tax Sale Procedures    • Taxes    • Tenant Protections    • Title Evidence    • Title Insurance    • Toll-free Phone Requirements    • Vacant Property Requirements    • Water Liens BACK TO TOP CH 2: LOAN SATISFACTION AND RECONVEYANCE REQUIREMENTS    • Introduction    • State-by-state Review BACK TO TOP CH 3: BANKRUPTCY (Part 1)    • Introduction    • The Automatic Stay    • Chapter 7    • Chapter 13    • Chapter 11    • Abusive Filings    • Foreclosure Sales, “Reasonably Equivalent Value”    • Bankruptcy Reform Overview    • Introduction and Background    • Effective Date    • Summary of Effect    • Analysis of Specific Changes    • Adoption of a Means Test    • Debtor Education    • Increased Filing Requirements    • Notice to Creditors    • Discouraging Bankruptcy Abuse    • Treatment of Secured Claims    • Valuation    • Truth in Lending Amendments    • Miscellaneous Changes to Chapter 13    • Chapter 11 Cases Filed by Individuals    • Child Support    • Consumer Protections    • Post-Discharge Communications with Debtors    • Initial Expectations    • Additional Resources    • Endnotes (Part 2)    • Electronic Developments in the BK Courts    • Electronic Case Filing    • Electronic Access to Courts    • U.S. BK Clerks of Court Contact Information    • Chapter 13 Trustee Web Access BACK TO TOP CH 4: DEFICIENCY RECOVERY    • Overview    • State Chart BACK TO TOP CH 5: FAIR CREDIT REPORTING ACT    • Mortgage Servicers as Providers of Information    • Mortgage Servicers as Users of Consumer Reports    • Rejection of a Workout by Mortgage Servicer based on a Consumer Credit Report    • Obtaining Credit Information for Improper Purposes    • Address Discrepancies    • Mortgage Servicers as Consumer Reporting Agency    • When Borrower has Claimed ID Theft    • Sharing of Mortgage Servicing Information    • Servicing Loans Involved in BK Proceedings    • Credit    • Non-Recourse Loans    • The Bankruptcy Chapter 7 Discharge    • The Difference Between Threats and Reporting    • Civil and Criminal Penalties    • Regulatory Authority    • State Fair Credit Laws and Federal Preemption    • Endnotes BACK TO TOP CH 6: FAIR DEBT COLLECTION PRACTICES    • Background and Scope    • State Fair Debt Collection Practices Laws    • State Statutory Authorization    • State Contacts    • Excerpts from the Federal FDCPA    •  § 1692a. Definitions    •  § 1692b. Acquisition of location information    •  § 1692c. Communication    •  § 1692d. Harassment or abuse    •  § 1692e. False or misleading representations    •  § 1692f. Unfair practices    •  § 1692g. Validation of debts    •  § 1692h. Multiple debts    •  § 1692i. Legal actions by debt collectors    •  § 1692j. Furnishing certain deceptive forms    •  § 1692k. Civil liability BACK TO TOP CH 7: SERVICEMEMBERS CIVIL RELIEF ACT    • Background    • Purpose    • Protected Parties    • Mortgage Foreclosures    • Interest Rate Reduction    • Waiver of Rights    • Tolling of Redemption    • Penalties    • Homeownership Counseling & SCRA Disclosure    • Other Provisions    • Recommendations    • Conclusion BACK TO TOP CH 8: FANNIE MAE    • Overview    • Hope Now Alliance    • Staffing Levels for Default-Related Activities    • Required Delinquency Management Actions    • Introduction of Adverse Action Ntoice (Form 182)    • Property Inspections (and Property Preservation Matrix)    • Loss Mitigation Fees    • Default & Loan Liquidation Reporting    • Credit Reporting    • Bankruptcies    • Commencement and Prosecution of Foreclosure    • Temporary Suspension of Foreclosure Proceedings    • Bidding Instructions    • Insurance Claims on Acquired Properties    • Foreclosure and Bankruptcy Attorneys    • Evictions    • Allowable Fees and Costs    • Fannie Mae Fee Chart    • Optimum Foreclosure Time Frames    • National Property Disposition Center    • Fannie Mae Offices BACK TO TOP CH 9: FREDDIE MAC    • Commencement of Foreclosure and the Home Affordable Modification Program (HAMP)    • Servicemembers Civil Relief Act (SCRA)    • Selecting Counsel or Trustee    • Foreclosure Bidding    • Preserving Deficiency Rights    • Foreclosure & Bankruptcy Time Frames    • Foreclosure Time Frames    • Allowable Fees and Expenses    • Property Preservation    • Maintenance Allowables    • Record Retention    • MERS Membership    • Disaster Relief Information    • Credit Reporting    • Freddie Mac Servicing and REO Regional Office Information BACK TO TOP CH 10: HUD INSURED LOANS (Part 1)    • HUD History    • Recent Changes    • Disaster Resource Information    • Collection Requirements    • Default Reporting (Part 2)    • HUD Loss Mitigation Programs    • Tier Ranking    • HUD’s Neighborhood Watch Program    • HUD’s Accelerated Claims Disposition Demo    • HUD Quality Control Program (Part 3)    • Commencement of Foreclosure    • HUD Policy Regarding Mortgage Cramdowns    • Property Preservation & Post-Endorsement Fees    • Allowable Foreclosure Attorney Fees    • HUD Foreclosure Time Frames    • Foreclosure Time Frame Chart    • HUD HQ Directory    • FHA Connection    • HUD Homeownership Centers & Resource Center    • Management and Marketing Contractors    • Process for Mortgagee Appeals    • HUD Debenture Rates    • REO Preservation & Protection Cost Schedules    • Data Codes BACK TO TOP CH 11: USDA - RURAL DEVELOPMENT    • Single Family Housing Guaranteed Loan Program (§ 502)    • Applicant Eligibility    • Lender Approval                                                           • Standards    • Approval    • Information    • Monthly and Quarterly Default Reporting    • LINC Training and Resource Library    • Loss Mitigation    • Servicing Plan    • Servicing Early Delinquency Loans    • Early Intervention    • Involuntary Inability to Pay    • Default Counseling    • Informal Forbearance Plans    • Borrower’s Ability (Capacity) to Cure    • Sale of the Property    • Lender’s Loss Mitigation Actions    • Loss Mitigation — General Information    • Default Status of the Loan    • Owner Occupancy    • Other Eligibility Factors    • 90-Day Review    • Curable Default    • Noncurable Default    • Monthly Evaluation    • Evaluating the Borrower’s Financial Condition    • Ineligible Borrower    • Combined Options    • Property Condition    • Servicing Plan and Loss Mitigation Checklists    • Foreclosure    • Time to Initiate Action    • Lender Reporting    • Extension Requests    • Option Failure    • Documentation    • Special Forbearance    • Special Provisions when the Cause of Default is Unemployment    • Loan Modification    • Pre-Foreclosure Sale    • Deed-in-Lieu of Foreclosure    • Liquidation    • Property Disposition Plan (PDP)    • Loss Claims and Future Recovery    • Manual & Automated GRH Loss Claim Processes    • Foreclosure Sale Bids    • Reimbursement of Attorney and Trustee Fees    • Acceptable Foreclosure Time Frames    • USDA Office Directory    • USDA National Office Staff    • USDA State Office Staff BACK TO TOP CH 12: VETERANS ADMINISTRATION    • History    • Loan Administration Redesign    • VA Loan Electronic Reporting Interface (VALERI)    • Overview of Changes    • VALERI Operational Information    • Servicing Changes under VALERI    • Loan Servicing    • Electronic Reporting Requirements    • Partial Payments    • Late Charges    • Prepayments    • Loss Mitigation    • Servicing Time Frames and Cutoffs    • Foreclosure Time Frames    • Attorney Fees    • Allowable Attorney Fees and Outsourcing    • Property Preservation    • Reimbursement for Expenses/Advances    • Bidding Instructions    • Right to Convey Property to the VA    • Title Documents on Conveyances    • Other Conveyance Issues    • Claims under Guaranty    • Post-Audits    • Servicer Tier Rankings    • Refunding    • Special Requirements for 4600 Repurchase    • Natural Disasters Resource Information    • Servicemembers Civil Relief Act (SCRA)    • WebGIL Application for Servicer Status Inquires    • Additional Information Sources    • VA Central Office Staff BACK TO TOP CH 13: PRIVATE MORTGAGE INSURANCE    • Overview    • Genworth Mortgage Insurance Corp.    • Mortgage Guaranty Insurance Corp.    • PMI Mortgage Insurance Co.    • Radian Guaranty Inc.    • Republic Mortgage Insurance Co.    • Triad Guaranty Insurance Corp. 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