Freddie Mac issued Bulletin 2017-19 (Bulletin), announcing temporary revisions to selling and servicing requirements for mortgage loans impacted by Hurricanes Irma and Harvey. The temporary selling requirements include updates with respect to: age of documentation requirements; assessment of property damage; automated collateral evaluation (ACE) appraisal waivers; Loan Collateral Advisor (collateral representation and warranty relief); cash contracts; and the Selling System, Loan Product Advisor and Loan Quality Advisor. The temporary servicing requirements include updates with respect to the suspension of foreclosure sales and evictions, and property inspections for properties located in an eligible disaster area. The Servicing Guide will not be updated to include these temporary requirements. Sellers and servicers must retain a copy of the Bulletin to ensure compliance with the temporary requirements. The temporary selling and servicing requirements went into effect September 13, 2017.
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
