Fannie Mae issued a Servicing Notice (Notice), updating the Legacy LIBOR Replacement Index Servicing Notice to reflect the new naming convention for the rebranding from Refinitiv to Financial Times Stock Exchange (FTSE), as provided by the London Stock Exchange Group. Fannie Mae will be adopting this rebranding by June 30, 2024.
Click to view the Fannie Mae Servicing Notice: https://www.tenaco.com/wp-content/uploads/2024/01/Fannie-Mae-Servicing-Notice-01-10-24.pdf
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Freddie Mac issued Bulletin 2024-C (Bulletin, announcing updated area median income (AMI) limits. For mortgages submitted to Loan Product Advisor (LPA), LPA will be updated
Virginia passed a bill amending provisions regarding foreclosed property. Under the bill, a subordinate mortgage lienholder must provide to the trustee and the borrower, at
RHS revised chapters 9, 10, and 16 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates to chapter 9 update a
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