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04/20/2018 Report: Fed regulators to fine Wells Fargo $1 billion - Penalty for megabank’s misbehavior in auto and mortgage markets
Housingwire.com by Caroline Basile -A new report from the Washington Post says that both the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency are preparing to fine Wells Fargo about $1 billion for misbehavior in the automotive and mortgage markets. Citing two people familiar with the negotiations, the Washington Post reported that the settlement could be announced as soon as Friday.
04/20/2018 ADFINET UPDATES

Click link above for more of the latest updates to Adfinet.

FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Defining Responsible Lending with Changes to Lender Gift and Grant Requirements

Freddie Mac Update-03/01/18, entitled Clarification on EDR Default Action Codes for Extend Modification

Bulletin 2018-3, regarding Selling Updates

FANNIE MAE HAS RELEASED:

Lender Letter LL-2017-11 , regarding Temporary Suspension of Foreclosure Sales in Puerto Rico and the U.S. Virgin Islands

Servicing Guide Announcement SVC-2018-02, regarding Servicing Guide Updates

Selling Guide Announcement SEL-2018-03, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of December 19, 2017

Fannie Mae DU Release Notes for Lenders , Release Date of January 30, 2018

FHA HAS RELEASED:

Housing Notice HN 2018-02 , entitled Refinancing of Pre-1974 Section 202 Direct Loans and Subsequent Issuance of Tenant Protection Vouchers (TPVs) or Senior Preservation Rental Assistance Contracts

Mortgagee Letter 2018-02 , entitled Extension of Disaster Foreclosure Moratoriums for Specified Areas Impacted by Hurricane Maria

GINNIE MAE HAS RELEASED:

APM 18-03, entitled Limited Acceptability of Mortgage Priority Guarantee Policies for Securities Issued on January 1, 2016 or earlier

MPM 16-01, entitled Notice Regarding Ginnie Mae Reviews of Collateral Modifications of Multifamily and Healthcare Loans Backing Ginnie Mae MBS in REMICs

VA HAS RELEASED:

Circular 26-18-5, entitled Department of Veterans Affairs (VA) Property Management and Servicing Contract

04/19/2018 Over half of U.S. metros surpass pre-recession peak prices in Q1
Housingwire.com by Kelsey Ramirez - During the first quarter of 2018, 54% of U.S. metros, 57 out of the 105 metropolitan statistical areas analyzed, posted median home prices that surpassed their pre-recession peaks, according to the Q1 2018 U.S. Home Sales Report from ATTOM Data Solutions, a national property database.
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