Oregon adopted a rule allowing licensed mortgage loan originators and employees to work at home. Under the rule adoption, a mortgage banker or mortgage broker licensed under the Oregon Mortgage Lender Law may allow licensed mortgage loan originators and employees to work at home if certain conditions are met. The bill becomes effective October 1, 2022.
Click to view the OR RA 48415: https://www.tenaco.com/wp-content/uploads/2022/09/OR-RA-48415-09-22-22.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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