Fund News and Alerts

Hurricane Sally Update: Fund Operations

As of this morning, our Escambia branch is experiencing hurricane conditions and is operating at limited capacity.

09/16/2020

UPDATE: CARES Act/Federal and State Moratorium on Foreclosures & Evictions Extended

Governor’s Executive Order Extended/Amended

09/02/2020

Alert: Fund/Florida Underwriting Bulletin COVID-19 – CARES Act and Federal Foreclosures – Further Extended. Governor’s Executive Order Extended/Amended

Summary: By Executive Order 20-180, the moratorium on Florida foreclosures and residential evictions has been extended to August 31, 2020.  Further the Governor DeSantis has clarified that the moratorium applies to only residential foreclosures & evictions and only for those who have been adversely impacted by COVID-19. Additionally, the CARES ACT moratorium on residential foreclosures or foreclosure related evictions of residential loans insured or guaranteed by FHA, VA, USDA or loans that are owned or securitized by Fannie Mae or Freddie Mac has been extended to August 31, 2020. 

08/03/2020

Alert: Fund/Florida Underwriting Bulletin COVID-19 – CARES Act and Federal Foreclosures – Further Extended

Summary: By Executive Order, the moratorium on ALL Florida foreclosures and residential evictions has been extended to August 1, 2020.  Additionally, the CARES ACT moratorium on residential foreclosures or foreclosure related evictions of residential loans insured or guaranteed by FHA, VA, USDA or loans that are owned or securitized by Fannie Mae or Freddie Mac has been extended to August 31, 2020.

07/02/2020

Insuring the Gap; No Indemnity Required

Throughout this period of uncertainty, The Fund is here to support you every step of the way. 

05/21/2020

Alert: Fund/Florida Underwriting Bulletin COVID-19 – CARES Act and Federal Foreclosures – Revised

Coronavirus Aid, Relief and Economic Security Act of 2020 (“CARES Act”) provides for financial relief due to the COVID-19 Virus Pandemic.

05/21/2020

ALERT! FinCEN GTO Extended

A new Geographic Targeting Order (GTO) has been issued effective May 10, 2020 and ending on November 5, 2020.

View the New Geographic Targeting Order (GTO)

05/08/2020

Alert: Fund/Florida Underwriting Bulletin COVID-19 – CARES Act and Federal Foreclosures

Coronavirus Aid, Relief and Economic Security Act of 2020 (“CARES Act”) provides for financial relief due to the COVID-19 Virus Pandemic.

05/01/2020

Fund/Florida Underwriting Bulletin Modifying Online Notary Requirements

Remote Online Notarization has not proven helpful when loan documents must be signed.  Most lenders require wet-signed Notes and in many situations, do not allow any loan documents to be signed electronically.  This has forced many title agents and borrowers into some form of face to face interaction between borrower and a notary, a situation that is not ideal under the current COVID-19 pandemic.

04/17/2020

DoubleTime® 8.5 is Now Available!

The newest version of DoubleTime includes several key enhancements and additions to make your life easier.

Install the DoubleTime^® 8.5 update to use new software features.

04/13/2020