by Donna Rowe | Apr 15, 2020 | COVID-19, News
HUD is working to provide Mortgagees and Borrowers with additional Loss Mitigation Home Retention Options due to the COVID-19 National Emergency, clarify requirements around these options, and fully implement the Coronavirus Aid, Relief, and Economic Security Act...
by Donna Rowe | Apr 15, 2020 | COVID-19, News
As stated in the April 14, 2020 HousingWire Article; Citing the need to “extend financing to creditworthy households and businesses quickly in the wake of the national emergency declared in connection with COVID-19,” a trio of federal banking regulators announced...
by Donna Rowe | Apr 6, 2020 | COVID-19, News
Additional Directives from The Stonehill Group Tax Transcripts To date, we have not had any communication from the Agencies concerning Tax Transcripts. According to our Vendor and as per the IRS communication, the IRS is currently not processing the requests. We are...
by Donna Rowe | Mar 27, 2020 | COVID-19, News
StoneHill is continuously monitoring the COVID-19 pandemic to anticipate any adverse impact to our clients, employees, or business processes. We have proactively migrated our team to remote work to ensure their safety and to adhere with various public health...
by Donna Rowe | Mar 24, 2020 | COVID-19, News
Washington, D.C. – Today, to facilitate liquidity in the mortgage market during the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac (the Enterprises) to provide alternative flexibilities to satisfy...
by Donna Rowe | Mar 16, 2020 | COVID-19, News
At The Stonehill Group the health and well-being of our clients and employees are top priority. We understand the concern and uncertainty you may be experiencing surrounding the coronavirus (COVID-19) and we are committed to being responsive to the needs of our...
by Donna Rowe | Mar 3, 2020 | News
As stated in the DSnews March 2020 edition, finding the balance between managing costs and prioritizing innovation has always been challenging. In the early days of 2020, however, the mortgage servicing industry is in a good place to take advantage of promising...
by Donna Rowe | Feb 27, 2020 | News
Patrick Gluesing, President of StoneHill, discusses challenges in today’s mortgage industry and the automation benefits that visual classification technology can have to deal with the high velocity of change. Use the following link to the Dodd Frank Update to view...
by Donna Rowe | Feb 4, 2020 | News
ATLANTA, Feb. 4, 2020 / PRNewswire — The StoneHill Group (TSG), a national third-party mortgage services firm, announced today their preliminary results for the year ending December 31, 2019. Following a slow start in Q1 2019, both the mortgage finance industry...
by Donna Rowe | Jan 23, 2020 | News
According to Rob Chrisman’s Blog on January 10th, 2020 people wonder, does Fannie Mae require its Seller/Servicers to perform an independent audit of the Post-Closing QC Process? The answer is Yes! In an August 7, 2019 announcement, FNMA added further guidance to its...
