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Weather Alert!


Record rainfall in Louisiana and Mississippi has caused heavy flooding in many areas, with up to 2 feet of rain, and in some places, almost 3 feet. Contractors, and the Louisiana Department of Public Works, are reporting roads closed through at least the end of the week (8/19) and could be extended. A state of emergency has been declared in the southern part of Louisiana, and the President has declared 4 parishes as disaster zones. Please be patient for results as it will be some time before waters recede, lawns are dry enough to mow, and damages can be assessed.

 

Washington State Law / Supreme Court Ruling

 NFR will be attending the following conferences:

Washington State Law / Supreme Court Ruling

WELCOME TO NFROnline.com

Mortgage servicing professionals across the nation rely on NFR to provide field services with the integrity, commitment, professionalism and results-oriented focus for which we are known.

From residential inspections and preservation to REO maintenance and inspections, NFR makes field servicing fast, reliable and hassle-free. To appreciate the depth and quality of our solution, request a free, no-obligation demonstration of our Web portal. Contact NFR today to discuss our systems, procedures and unified focus on producing superior results for you.

Industry Links

CFPB – Consumer Finance Protection Bureau

FDIC - Protecting Sensitive Information

FDCPA - Fair Debt Collection Practices Act (PDF)

Gramm-Leach-Bliley Privacy Act – Federal Trade Commission Overview (www.ftc.gov)

Gramm-Leach-Bliley Title V – Privacy Act Text (PDF)

Maine State Housing Authority Expense Reimbursement (PDF)

NFR Work Order Terms Glossary

HUD

HUD Response Letter 6-3-2016 (PDF)

HUD Mortgagee Letter 2016-02 (PDF)

HUD Mortgagee Letter 10-18 (PDF)

HUD Mortgagee Letter 10-18 FAQ's (PDF)

HUD Mortgagee Letter Index (www.hud.gov)

HUD Update 2008 – 31 (.doc)

Fannie Mae

Servicing Guide Announcement SVC-2015-15 (PDF)

Servicing Guide Announcement SVC-2015-07 (PDF)

Fannie Mae - Property Preservation Matrix and Reference Guide 11-12-2014 (PDF)

Servicing Guide Announcement SVC-2013-22 (PDF)

Freddie Mac

Exhibit 57 – Effective 10/20/14 (PDF)

Bulletin 3-17-14

VA

Property Preservation Requirements and Fees, Circular 26-15-21, September 30, 2015 (PDF)

Appendix H: Property Preservation Requirements and Fees: VA Manual 26-3, Revised August 28, 2015 (PDF)

Washington State

Washington State RCW 7.28.230 (PDF)

Aware of a new ordinance or regulation? Please send to RegUpdate@nfronline.com

 

 

NFR Mortgage Field Services - Property Preservation, Inspections, Registration, BPO
NFR Differences

 

 

 

 

 

 

NFR News

Washington State law / Supreme Court ruling:

7/15/2016

The Washington Supreme Court ruled that securing a property before foreclosure sale is completed constitutes “taking possession” of the property and is in violation of the Washington state law RCW 7.28.30.

 

When placing work orders on NFROnline you will receive the following prompt:

The property is located in the state of Washington and is subject to the requirements under RCW 7.28.230. Please confirm that those requirements have been met prior to ordering securing of the property.

 

Please confirm that you still wish to place this order by clicking on OK, otherwise click on Cancel.

 

If you have any questions please contact your NFR Preservation coordinator.

 

The court ruling and law are available in the Industry Links section (below).


2016 Holiday Closings

 

NFR will be closed on the following days:

  • New Year’s Day – Friday, January 1
  • Memorial Day – Monday, May 30
  • Independence Day – Monday, July 4
  • Labor Day – Monday, September 5
  • Thanksgiving Day – Thursday, Nov. 24
  • Christmas Day – Monday, December 26

 

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