The Federal Housing Finance Agency (FHFA) announced the extension of the Home Affordable Refinance Program (HARP). Pursuant to the announcement, FHFA has directed Fannie Mae
Fannie Mae issued Servicing Guide Announcement SVC-2017-07 (Announcement), setting forth updates to the Servicing Guide. As outlined in the Announcement, Fannie Mae amended the commitment
Fannie Mae issued Selling Guide Announcement SEL-2017-06 (Announcement), setting forth updates to the Selling Guide. As outlined in the Announcement, Fannie Mae made substantial changes
Fannie Mae issued Servicing Guide Announcement SVC-2017-06, setting forth updates to the Servicing Guide with respect to property inspection and preservation. As outlined in the
Fannie Mae issued Servicing Guide Announcement SVC-2017-05 (Announcement), setting forth updates to the Servicing Guide. As outlined in the Announcement, servicers no longer have the
Fannie Mae issued Reverse Mortgage Servicing Manual Announcement RVS-2017-01 (Announcement), setting forth updates to the Reverse Mortgage Loan Servicing Manual (Manual). In accordance with the
Fannie Mae issued a notice announcing the 2017 income limits for HomeReady loans. Desktop Underwriter (DU) will apply the 2017 limits to new DU loan
Fannie Mae issued guidance regarding the upcoming changes to the reporting of civil judgments and tax liens on credit reports. The three nationwide consumer credit
Fannie Mae issued Selling Guide Announcement SEL-2017-05, setting forth updates to the Selling Guide. Under the updated Selling Guide, Fannie Mae will accept delivery and
Fannie Mae issued Servicing Guide Announcement SVC-2017-04 (Announcement), setting forth updates to the Servicing Guide. As outlined in the Announcement, several updates to the Servicing
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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