HomeMy WebLinkAboutResolutions - 2012.06.21 - 20282PLANNING AND BUIWING COMMITTEE
MISCELLANEOUS RESOLUTION #12172 June 21, 2012
BY: PLANNING AND BUILDING COMMITTEE, DAVID POTTS, CHAIRPERSON
IN RE: DEPARTMENT OF ECONOMIC DEVELOPMENT & COMMUNITY AFFAIRS —
COMMUNITY & HOME IMPROVEMENT DIVISION — SOUTHWEST HOUSING SOLUTIONS
HOUSING COUNSELING SERVICES AGREEMENT FOR FANNIE MAE INSURED LOANS
To the Oakland County Board of Commissioners
Chairperson, Ladies, and Gentlemen:
WHEREAS Southwest Housing Solutions, Corporation (SWHS) agency is a dedicated
Mortgage Help Network site for Fannie Mae; and
WHEREAS the Oakland County Community & Home Improvement Division's Housing
Counseling and Homeless Services Unit has been selected to collaborate in implementing
certain services beneficial to the community relating to avoidance of foreclosures in the
servicing of residential mortgage loans; and
WHEREAS SWHS seeks the services of the Oakland County Community & Home
Improvement Division's Housing Counseling and Homeless Services Unit to perform all required
counseling based on the U.S. Department of Housing and Urban Development and/or Michigan
State Housing Development Authority guidelines to the borrower and collect all the information
and documentation and complete an intake package required by Fannie Mae to evaluate the
loan for a foreclosure rescue program; and
WHEREAS Oakland County Community & Home Improvement shall assemble and
submit a completed Fannie Mae Intake Packet to SWHS for each borrower counseled; and
WHEREAS SWHS shall pay the Oakland County Community & Home Improvement
Division billable fees for services as defined by SWHS in the attached Agreement; and
WHEREAS the terms of the agreement shall cover work performed by the Community &
Home Improvement Division during the period of time beginning June 1, 2012, through May 31,
2013 and thereafter through automatic successive one-year term agreement extensions; and
WHEREAS the Division estimates providing 100 billable units of counseling services
averaging $150 per household totaling $15,000 annually; and
WHEREAS the Division shall use the revenue to supplement federal Community
Development Block Grant and Housing Counseling Grant funds allocated for housing counselor
salaries and fringe benefits; and
WHEREAS this agreement has been reviewed and approved by Corporation Counsel.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of
Commissioners approves the Southwest Housing Solutions Housing Counseling Services
Agreement for Fannie Mae Insured Loans
BE IT FURTHER RESOLVED that the acceptance of this agreement does not obligate
the County to any future commitment.
Chairperson, on behalf of the Planning and Building Committee, I move the/adoption of
the foregoing resolution.
PLANNING & BUILDING COMMITTEE VOTE:
Motion carried unanimously on a roll call vote with Jackson absent.
st Housina Solutions
June 1, 2012
Southwest Housing Solutions, Corporation (SWHS) agency is a dedicated Mortgage Help
Network site for Fannie Mae. Oakland County Community & Home Improvement Division has
been selected to jointly promote and assemble completed Fannie Mae Intake Packets to forward to
SWHS.
Oakland County Community & Home Improvement Division will submit loans that have been
identified owned or guaranteed by Fannie Mae. Oakland County Community & Home
Improvement Division will provide all required counseling, based on the HUD and/or MR-IDA
guidelines, to the borrower(s) and collect all the required documents based on Fannie Mae
guidelines, necessary follow up documentation to obtain workout and submit a completed
workout package to SWHS. SWHS shall provide no contact of any kind with the above mentioned
agencies borrowers and this is to include email and US mail, as this will be construed as
counseling and could jeopardize any funding the agency receives with MSHDA.
In addition, a fee for service is included and outlined below. The partnership will strive to meet
the following outcomes:
1. Assist families that identified as Fannie Mae invested loan.
2. Assemble a completed required Fannie Mae workout Packet with all required
documentation ; per the attached Documentation Checklist
3. The Fee for Service on the first Submission of a Completed Fannie Mae Intake Packet
$150.00
4. Request for updated documents due to an incomplete Fannie Mae Intake Packet, the
S150.00 will be deducted $75.00. Making the submission for the agency $75.00; total for a
submission on a completed Fannie Mae Intake Packet.
5. Provide additional follow up, only as appropriate to assist the borrower to stay current on
the first 6 months of their Modification a Fee for Service to be paid at S100.00. Following
execution of a copy of a workout agreement.
6. Maintain paper or internal client records on all transferred Fannie Mae Intake Packets sent
to SWHS. A monthly report will be generated, compared and reviewed for payment.
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Page 2
7. Oakland County Community & Home Improvement Division will submit a monthly
invoice to Southwest Housing for payment based on transferred Fannie Mae Intake
Packets sent to SWHS. Upon receiving the invoice it will be compared against the Fannie
Invoice and matched for accuracy. A SWHS internal invoice will be prepared and sent to
Fannie Mae payment and once payment is received from Fannie Mae, SWHS will then
immediately submit payment to S1ATHS's Finance Dept for Oakland County Community &
Home Improvement Division to Reimburse for their invoice submission.
HOUSING SERVICES AND CONFIDENTAILITY AGREEMENT
This HOUSING SERVICES AND CONFIDENTALITY AGREEMENT (the agreement) is entered into as
of the 1st day of June 2012 by SWHS and Oakland County Community & Home Improvement
Division.
SWHS and recipient hereby enter into a business transaction in which the party of, Oakland
County Community & Home Improvement Division, agree to collaborate in the implementation
of certain services beneficial to the community relating to avoidance of foreclosures in the
servicing of residential mortgage loans. In this regard, recipient will identify a Fannie Mae
invested borrower(s), gather the required documents per Fannie Mae guidelines and collect a
proper and completed Intake Packet.
With this process, the agency has gained Permitted Purpose to discuss all housing/financial option
alternatives with the Fannie Mae invested borrower(s) and that their information will be
transferred/shared with SWHS in order to evaluate for the same and forward to their investor,
Fannie Mae.
The Confidential Information shall only be used by SWHS for the Permitted Purpose and for no
other purpose. No right title or interest in and to the Confidential information is transferred by
SWHS.
SWHS shall retain all Confidential Information in Strict confidence and shall not disclose the
Confidential Information or any of the following information to any party. SWHS follows the HUD
and National Industry Standards on File Retention and mandates for the handling of all personal
Confidential Information that is held by SWHS.
If any provisions of this Agreement is held to he invalid or unenforceable for any reason, such
provision shall be voided, if possible, in order to achieve the intent of the parties and in any event,
the remaining provisions of this Agreement shall remain in full force and effect and shall be
binding upon the parties hereto.
All provisions, which by their nature should survive the termination of this Agreement, shall
survive the termination of this Agreement for any reason.
Page 3
In WITNESS WHEREOF, the parties have caused this Agreement to be duly executed by their duly
authorized representatives as of the date first written above.
Southwest Housing Solutions - HOC Oakland County Community & Home
Improvement Division
By: By:
Print: Print: Michael J. Gingell
Title: Title: Chairperson, Oakland County
Board of Commissioners
By:
Print: L. Brooks Patterson
Title: County Executive
FISCAL NOTE (MISC . #12172) June 21, 2012
BY: FINANCE COMMITTEE, TOM MIDDLETON, CHAIRPERSON
IN RE: DEPARTMENT OF ECONOMIC DEVELOPMENT & COMMUNITY AFFAIRS —
COMMUNITY & HOME IMPROVEMENT DIVISION — SOUTHWEST HOUSING
SOLUTIONS HOUSING COUNSELING SERVICES AGREEMENT FOR FANNIE MAE
INSURED LOANS
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
Pursuant to Rule XII-C of this Board, the Finance Committee has reviewed the above referenced
Miscellaneous Resolution and finds:
1. Southwest Housing Solutions Corporation requests the services of the Oakland County
Community & Home Improvement Division's Housing Counseling and Homeless
Services Unit to perform all required counseling, based on the U.S. Department of
Housing and Urban Development and/or Michigan State Housing Development
Authority guidelines to the borrower, collect all the information and documentation, and
complete an intake package required by Fannie Mae to evaluate the loan for a
foreclosure rescue program.
2. SWHS shall pay the Oakland County Community & Home Improvement Division
billable fees for services as defined by SWHS in the attached Agreement.
3. The terms of the Agreement shall cover work performed by the Community & Home
Improvement Division during the period of June 1, 2012 through May 31, 2013 and
thereafter through automatic successive one-year term agreement extensions.
4. The revenue will be used to supplement federal Community Development Block Grant
and Housing Counseling Grant funds allocated for Housing Counselor salaries and
fringe benefits.
5. The estimated revenue is $15,000 annually, providing 100 billable units of counseling
services averaging $150 per household.
6. The FY 2012 Budget is amended as follows:
Comm Home Improvement Income Fund #29726
Project#GR0000000605
Revenue
1090680-132210-632079 Service Fees
Expenditures
1090680-132210-702140 Salaries Adj
1090680-132210-722900 Fringe Benefits Adj
FY 2012
$15,000
$ 9,000
6,000
$ 0-
FINANCE COMMITTEE
FINANCE COMMITTEE
Motion carried unanimously on a roll call vote.
Resolution #12172 June 21, 2012
Moved by Crawford supported by Gershenson the resolutions (with fiscal notes attached) on the Consent
Agenda be adopted (with accompanying reports being accepted).
AYES: Covey, Crawford, Dwyer, Gershenson, Gingell, Gosselin, Hoffman, Jackson, Long, Matis,
McGillivray, Middleton, Nash, Nuccio, Potts, Quarles, River, Runestad, Scott, Taub, Weipert,
Zack, Bosnic. (23)
NAYS: None. (0)
A sufficient majority having voted in favor, the resolutions (with fiscal notes attached) on the Consent
Agenda were adopted (with accompanying reports being accepted).
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Bill Bullard Jr., Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true
and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on June 21,
2012, with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at
Pontiac, Michigan this 21 st day of June, 2012.
,94
Bill Bullard Jr., Oakland County