Fannie Mae issued Selling Guide Announcement SEL-2018-01 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, monthly payments due under an IRS income
Fannie Mae updated reimbursement criteria for certain servicer expenses related to foreclosure. The updated reimbursement criteria relates to the reimbursement of foreclosure attorney fees, sale
Fannie Mae issued Selling Guide Announcement SEL-2017-10 (Announcement), setting forth updates to the Selling Guide. As set forth in the Announcement, Fannie Mae updated policy
Fannie Mae issued Servicing Guide Announcement SVC-2017-11 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae removed duplicative content from several
Fannie Mae issued Lender Letter LL-2017-11, extending the suspension of foreclosure sales involving properties in Puerto Rico and the U.S. Virgin Islands that were impacted
Fannie Mae and Freddie Mac increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2018. The 2018 maximum
Fannie Mae issued Servicing Guide Announcement SVC-2017-10 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae has updated the Servicing Guide
Fannie Mae issued Lender Letter LL-2017-09, introducing the Fannie Mae Extend Modification for Disaster Relief (Extend Mod). The Extend Mod is a temporary post-disaster forbearance
Fannie Mae issued Selling Guide Announcement SEL-2017-08, setting forth updates to the Selling Guide. The Selling Guide Updates: consolidate and streamline duplicative content between the
Fannie Mae issued frequently asked questions (FAQ) and corresponding answers regarding policies and assistance for borrowers impacted by a hurricane. The FAQ provides answers to
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
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