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Tag Archives: FEMA

Thriving in a Low-Delinquency Environment

Courtney Thompson, Director, First VP, Default Servicing Operations, Flagstar Bank discusses streamlining communications with borrowers, navigating compliance and how Flagstar has evolved to thrive in a lower-delinquency environment. Editor's Note: This feature originally appeared in the July issue of DS News.

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Preparing for Natural Disasters: An Industry Perspective

On Wednesday, the Five Star Institute’s Disaster Preparedness Summit hosted by DIMONT and Five Brothers Asset Management Solutions looked at some of the lessons learned by the mortgage and servicing industry from last year’s natural disaster and how it could prepare for future eventualities. Here are the details.

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Mortgage Servicing Industry Braces for Next Disaster

hurricane storm surge

With natural disasters causing more than $300 billion in damages last year, the industry is looking ahead to whatever comes next. This July, a Disaster Preparedness Summit will work to establish a game plan for responding swiftly and efficiently to future disasters.

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Sen. Schumer Calls for Flood Insurance Reform

flooding

With the beginning of hurricane season mere weeks away, Senate Minority Leader Chuck Schumer has announced an “all-out push” to convince Congress to extend and reform the nation’s flood insurance program. Schumer shone a spotlight on the issue Monday during ...

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Texas Communities to Receive $1 Billion from FEMA

flooding

Texas coastal communities are still rebuilding after the impact of Hurricane Harvey last year. But in addition to rebuilding what was damaged or destroyed, the affected communities must also look to the future and prepare for future storms. FEMA is ...

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FEMA Aid for Some Displaced Puerto Ricans Running Out

hurricane maria

At the beginning of February, HUD announced that $1.5 billion in aid was being allocated toward Puerto Rico’s recovery from a brutal hurricane season, designed to “support long-term recovery of seriously damaged housing and local businesses in Puerto Rico,” according ...

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Legal Update: Focus on FEMA and Foreclosures

Editor's note: This story was originally featured in the January issue of DS News, out now. During the week of September 4, 2017, most Floridians sought shelter and boarded homes and businesses in anticipation of a direct hit by then-Category 5 Hurricane ...

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