Freddie Mac Issues Bulletin 2024-05: Servicing Updates
Freddie Mac issued Bulletin 2024-05 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac updated Exhibit 93 (Evaluation Notices) to remove
TENA’s Legal Team tracks all state, federal, and agency statutes and requirements applying to mortgage lending, servicing and foreclosure. TENA’s Compliance Team then develops supporting audit questions which automatically appear in the audit testing script when appropriate. Most questions include links to the applicable statute or guideline. The result is that TENA’s auditors, and those working at firms that license SECONDLOOK Software, can audit with confidence using current information regarding state regulations.
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Freddie Mac issued Bulletin 2024-05 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac updated Exhibit 93 (Evaluation Notices) to remove
VA revised chapter 9 of the Servicer’s Handbook (M26-4). Chapter 9 was retitled from “Refunds” to “VA Purchase”. Sections 9.01 and 9.02 were also updated
Iowa passed a bill authorizing employees to work at remote locations. Under the bill, a mortgage lender, broker, or servicer licensed under the Mortgage Bankers
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