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
VA increased the maximum allowable liquidation appraisal fees for properties located in Oregon. These changes are reflected on the VALERI Fee Cost Schedule. The increased
Oregon passed a bill amending security breach disclosure requirements. Under the bill, persons that own, license or otherwise possess personal information must provide a security
Oregon passed a bill enacting the Mortgage Loan Servicer Practices Act (MLSPA). Under the bill, a person may not service a residential mortgage loan in
Oregon passed a bill requiring mortgage lenders and servicers licensed under the Mortgage Lender Law (MLL) to provide an annual “notice of responsibility for property
Oregon passed a bill repealing the requirement that a lender or servicer submit a Foreclosure Avoidance Measure Notice to the Department of Justice. Under Oregon’s
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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