The New Jersey Department of Banking and Insurance (Department) issued a bulletin amending the definition of a “high-cost home loan” under the Home Ownership Security
Vermont issued a memorandum announcing that the Declared Rate for 2017 will remain at 3.6%. The Declared Rate is used to determine whether a loan
The Tennessee Department of Financial Institutions announced the 2016-2017 supervision fee for mortgage lenders, brokers and servicers licensed under the Residential Lending, Brokerage and Servicing
Montana adopted rules reducing the license renewal fees under the Montana Mortgage Act (MMA) for 2017. Under the adopted rules, the renewal fee for a
Ohio passed a bill establishing the D.O.L.L.A.R. deed program (Program). The Program provides borrowers in default the opportunity to stay in their home following a
Ohio passed a bill amending the state’s foreclosure procedures. Under the bill, a foreclosing lender or servicer may elect to have foreclosed property sold by
South Carolina passed a bill clarifying the location of the boundary between North Carolina and South Carolina and enacting additional foreclosure notice requirements for properties
Massachusetts adopted rules amending the Mortgage Lender and Broker Laws (MLBL). Under the adopted rules: the exemption status for subsidiaries and affiliates of depository institutions
Texas adopted rules amending the Secondary Mortgage Loan Act. The adopted rules: require applicants for a lender or broker license to pay a fee for
Alaska passed a bill amending the state’s power of attorney provisions. The amended provisions are modeled upon the Uniform Power of Attorney Act drafted and
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.
