New York passed a bill prohibiting discrimination against victims of domestic violence.
Under the bill, a lender may not discriminate against an applicant or borrower based on the applicant or borrower’s status as a victim of domestic violence. The bill went into effect May 13, 2022.
Click to view the NY SB 8417: https://www.tenaco.com/wp-content/uploads/2022/05/NY-SB-8417-05-19-22-1.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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