Michigan passed a bill repealing the requirement that a mortgage state the marital status of any male mortgagors. Currently, a written instrument mortgaging real estate must state the marital status of all male mortgagors executing the instrument. Under the bill, this requirement does not apply to written instruments mortgaging real estate that are recorded on or after April 6, 2017.
See Michigan Legislative website for the full text of the Statutes
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Freddie Mac issued Bulletin 2024-05 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac updated Exhibit 93 (Evaluation Notices) to remove
VA revised chapter 9 of the Servicer’s Handbook (M26-4). Chapter 9 was retitled from “Refunds” to “VA Purchase”. Sections 9.01 and 9.02 were also updated
Iowa passed a bill authorizing employees to work at remote locations. Under the bill, a mortgage lender, broker, or servicer licensed under the Mortgage Bankers
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