New York passed a bill prohibiting discrimination based on citizenship or immigration status. Under the bill, a lender may not discriminate against an applicant or
New York issued guidance regarding discontinued publication of Primary Mortgage Market Survey (PMMS) rate for 5/1 adjustable rate mortgage loans (ARMS). Under New York Banking
The CFPB updated the “What You Should Know About Home Equity Lines of Credit” brochure (HELOC Brochure). Per the CFPB, the HELOC Brochure was updated
FHA issued Mortgagee Letter 2022-22, revising dual employment requirements and clarifying other conflict of interest policies. Per the Mortgagee Letter, FHA is permitting individuals that
Fannie Mae issued Selling Guide Announcement SEL-2022-10 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: updated single-width manufactured home requirements
VA issued Circular 26-22-18 (Circular), announcing the Federal Housing Finance Agency maximum conforming loan limits (CLL) for 2023. Per the Circular, VA announced that the
Freddie Mac issued Bulletin 2022-25 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: announced the new conforming loan limit values
Freddie Mac issued Bulletin 2022-24 (Bulletin) announcing updates related to Automated Collateral Evaluation (ACE) + Property Data Report (PDR). Per the Bulletin, Freddie Mac is
Washington adopted rules allowing loan originators to work at remote locations. Under the rule, a mortgage lender or broker licensed under the Consumer Loan Act
RHS amended chapters 3, 10, 12, 17, 18, and 19 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). The chapters were amended to implement
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