Fannie Mae issued Selling Guide Announcement SEL-2026-05 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to eligibility guidance
Freddie Mac issued Bulletin 2026-6 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: All revisions are effective May 6, 2026.
Minnesota passed a bill amending the Minnesota Residential Mortgage Originator and Servicer Licensing Act (MRMOSLA). Under the bill, the MRMOSLA was amended to modify the
Freddie Mac issued Bulletin 2026-D (Bulletin) and Fannie Mae issued Selling Guide Announcement SEL-2026-04 (Selling Guide Announcement), implementing new credit score models. Per the Bulletin
Mississippi passed a bill amending the Mississippi S.A.F.E. Mortgage Act. Under the bill, Mississippi S.A.F.E. Mortgage Act requirements related to the following were amended: Also,
This Notice provides information about an upcoming change to the Area Median Income (AMI)-based loan-level price adjustment (LLPA) waiver determination for first-time homebuyer and Duty
Maine passed a bill enacting shared appreciation mortgage requirements under the Maine Consumer Credit Code. Under the bill, a supervised lender and/or servicer (as applicable):
Virginia passed a bill requiring an assumption provision be included in a conventional home mortgage loans. Under the bill, a conventional home mortgage loan must
Utah adopted rules amending the Residential Mortgage Practices Act. Under the adopted rules, the number of hours of Utah specific pre-licensing education a mortgage loan
West Virginia passed a bill amending the Residential Mortgage Lender, Broker and Servicer Act (RMLBSA). The bill amended requirements under the RMLBSA with respect to
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