Month: October 2018

Having recently celebrated 15 years in the mortgage claims management business, Claims Recovery Financial Services (CRFS) unveiled their evolved brand and launched their comprehensive new website, in advance of several industry conferences this fall. New website.  CRFS’ new website was launched in August.  Those interested can get to know the team and the reasons why CRFS… Read more »

Fannie Mae released an updated Servicer Expense Reimbursement Job Aid on September 19, 2018. The release of this job aid continues Fannie Mae’s efforts to simplify communication and streamline processes via Fannie Mae’s Expense Straight Through Processing efforts. After a thorough review of the job aid, CRFS has determined the following changes which impact the… Read more »

On September 27, 2018 the Office of Inspector General (OIG) released Audit 2018-LA-0007 in which it conducted a review on HUD’s preforeclosure sale claim process. After conducting their review, the OIG stated HUD currently has insufficient requirements and procedures in relation to the preforeclosure claim process. Specifically, HUD does not have the necessary procedures in… Read more »