Connecticut Amends Release of Lien Provisions
September 7, 2023
Connecticut passed a bill amending release of lien provisions. Under the bill, a lender or servicer must execute and deliver a release of lien to
Florida Amends Estoppel Letter (Payoff Statement) Requirements
September 7, 2023
Florida passed a bill amending estoppel letter (payoff statement) requirements when a borrower requests an estoppel letter. The bill amends estoppel letter requirements with respect
Texas Enacts Release of Lien Requirements With Respect to Home Loans
September 5, 2023
Texas passed a bill enacting release of lien requirements with respect to home loans (loans secured by a 1-to 4- family dwelling occupied as the
Connecticut Authorizes Remote Notarizations
September 5, 2023
Connecticut passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed using
Utah Amends Utah Residential Mortgage Practices and Licensing Act
August 29, 2023
Utah adopted rules amending the Utah Residential Mortgage Practices and Licensing Act (URMPLA). Under the adopted rules, a mortgage entity licensed under the URMPLA must
Texas Amends Security Breach Disclosure Requirements
August 29, 2023
Texas passed a bill amending security breach disclosure requirements. Under the bill, a lender, broker or servicer must notify the attorney general of a breach
Montana Increases Mortgage Lender and Servicer License Renewal Fees under the Montana Mortgage Act
August 28, 2023
Montana adopted rules increasing mortgage lender and servicer license renewal fees under the Montana Mortgage Act. Per the rule adoption, the renewal fee for a
North Dakota Enacts Residential Mortgage Lenders Act
August 25, 2023
North Dakota passed a bill enacting the Residential Mortgage Lenders Act (RMLA). Under the bill, a person may not engage in the business of residential
North Dakota Enacts Residential Mortgage Loan Servicers Act
August 25, 2023
North Dakota passed a bill enacting the Residential Mortgage Loan Servicers Act. Under the bill, a person may not engage in the business of residential
North Dakota Amends Escrow Requirements with respect to Surplus Escrow Funds
August 14, 2023
North Dakota passed a bill amending escrow requirements with respect to surplus escrow funds. Under the bill, a servicer that maintains an escrow account in
