
Connecticut Amends Release of Lien Provisions
Connecticut passed a bill amending release of lien provisions. Under the bill, a lender or servicer must execute and deliver a release of lien to
Connecticut passed a bill amending release of lien provisions. Under the bill, a lender or servicer must execute and deliver a release of lien to
Connecticut passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed using
Connecticut passed a bill imposing net worth requirements for large mortgage servicers. Under the bill, mortgage servicers that service (or subservice) at least 2,000 mortgage
Connecticut passed a bill extending the sunset date of the Foreclosure Mediation Program (Program) for an additional 4 years. Under the bill, the Program end
Connecticut passed a bill amending the Mortgage Servicers Act. Under the bill, licensed activity may only be conducted from an office located in a state
Connecticut passed a bill amending the Nondepository Mortgage Lenders and Brokers Act. Under the bill, licensed activity may only be conducted from an office located
Connecticut passed a bill requiring counseling in connection with reverse annuity mortgage loans. Under the bill, mortgage lenders and brokers (including state or federally chartered
Connecticut passed a bill amending the content of the statutory power of attorney forms under the Uniform power of Attorney Act. The bill becomes effective
VA increased the maximum allowable liquidation appraisal fee in 17 states. The appraisal fees increased for the following states: Arizona; California; Connecticut; Delaware; Indiana; Maine;
Connecticut passed a bill delaying the effective date of the Uniform Power of Attorney Act (UPAA). Under the bill, the effective date of the UPAA
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
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
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