Freddie Mac issued Bulletin 2016-5 (Bulletin). This Bulletin: permits a mortgage subject to an indemnification agreement to be eligible for a mortgage modification; revises state foreclosure timelines; ends the temporary suspension of the assessment and billing of state foreclosure timeline compensatory fees in certain states; sets forth additional circumstances in which it may be in Freddie Mac’s best interest to waive the right to collect a deficiency REO; revises requirements outlining when servicers must pay real estate taxes and homeowners association, planned unit development and condominium dues during the REO holding period; updates rollback requirements to be consistent with the Freddie Mac Single-Family News Center article dated January 25, 2016; and provides additional detail regarding REO expense reimbursement requirements following completion of a deed-in-lieu of foreclosure.
FHA
FHA Revises and Streamlines Policy Established in Mortgagee Letters 2024-24 and 2025-12
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
June 4, 2025
