Fannie Mae issued Servicing Guide Announcement SVC-2023-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: Revisions related to the reporting
Fannie Mae issued Selling Guide Announcement SEL-2023-03 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to the reporting
Fannie Mae issued Lender Letter LL-2023-04, updating Fannie Mae’s payment deferral requirements. Per the Lender Letter, Fannie Mae replaced all payment deferral requirements reflected in
Fannie Mae issued Lender Letter LL-2023-03 (formerly numbered LL-2021-02) to remove COVID-19 related property inspection and preservation policies. Per the Lender Letter, the policies were
Fannie Mae issued Lender Letter LL-2023-02, permitting shared equity loans subject to private transfer fee covenants. Per the Lender Letter, shared equity loans secured by
Fannie Mae reissued Servicing Notice: Legacy Libor Replacement Index (Notice) to notify servicers of a correction to the original publication (published on January 25, 2023).
Fannie Mae issued Servicing Guide Announcement SVC-2023-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: The revisions went into effect
Fannie Mae issued Selling Guide Announcement SEL-2023-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to valuation modernization,
Fannie Mae revised the Puerto Rico Security Instrument Form (Form 3053) and the Texas Home Equity Security Instrument (Form 3044.1). The revision to the Puerto
Fannie Mae issued an update to Lender Letter LL-2021-03 to retire the temporary COVID-19 requirements related to employment verification for self-employed borrowers and to eligibility
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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