by Donna Rowe | Feb 4, 2021 | News
As stated in the Housing Wire article on January 29, 2021 the CFPB promises bold and swift action to send a message. The new acting director of the Consumer Financial Protection Bureau (CFPB), Dave Uejio, told staff in an email on Thursday that the bureau will direct...
by Donna Rowe | Feb 2, 2021 | News
ATLANTA, Feb. 2, 2021 /PRNewswire/ — The StoneHill Group (TSG), a national third-party mortgage services firm, today announced their preliminary results for the year ending December 31, 2020. 2020 was an unprecedented year marked by a turbulent market and...
by Donna Rowe | Feb 1, 2021 | News
The massive response by homeowners throughout the United States, due to the worldwide coronavirus emergency has been and continues to be overwhelming for many servicers. The CARES Act provides for an unprecedented borrower relief program. While it is a much-needed...
by Donna Rowe | Jan 25, 2021 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. Origination Agency Updates Related to COVID-19 January 19, 2021 Fannie Mae Updates: Fannie Mae Updates LL-2020-04: Impact of...
by Donna Rowe | Dec 22, 2020 | News
Regarding the recent Security incident, involving Solar Winds, please be advised that the StoneHill Group (TSG) has not been affected by the Solar Winds breach. TSG does not use any SolarWinds products. We have also contacted all our 3rd party vendors and SolarWinds...
by Donna Rowe | Nov 23, 2020 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. Origination Agency Updates Related to COVID-19 November 17, 2020 Fannie Mae LL-2020-04: Impact of COVID-19 on Appraisals...
by Donna Rowe | Nov 18, 2020 | News
As we rapidly approach the final month of 2020, it is important that you address any imbalance in your loan to share ratio. Whether you are a buyer or seller of residential mortgages StoneHill is fully prepared to assist at all levels of both loan review and...
by Donna Rowe | Aug 27, 2020 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. Origination Agency Updates Related to COVID-19 August 5, 2020 Freddie Mac We continue to work closely with Fannie Mae under the...
by Donna Rowe | Jul 2, 2020 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. June 26, 2020 Temporary Waiver of QC Requirements for Early Payment Defaults Today, June 22, 2020, FHA issued a temporary...
by Donna Rowe | Jun 10, 2020 | COVID-19, News
Fannie Mae Requirements for borrowers using self-employment income to qualify Effective: Lenders are encouraged to apply these requirements to existing loans in process; however, they must be applied to loans with application dates on or after Jun. 11, 2020 until...
