Rhode Island passed a bill enacting lender-placed insurance provisions. The bill enacts lender-placed insurance provisions with respect to the term of the insurance policy, the
Fannie Mae issued Lender Letter LL-2016-03. Under the Lender Letter, the mandatory effective date for lender-placed insurance (LPI) deductibles for servicers that use American Modern
Freddie Mac issued Guide Bulletin 2016-10 (Bulletin). Under the Bulletin, requirements related to the expiration of HAMP are updated. The Bulletin also extends the mandatory