Tennessee passed a bill allowing employees to work at remote locations. Under the bill, a mortgage lender, broker or servicer licensed under the Residential Lending,
Virginia passed a bill amending dual capacity disclosure requirements for mortgage brokers licensed under the Mortgage Lender and Broker Act. Under the bill, a dual
VA issued Circular 26-22-05 (Circular), announcing a new optional procedure in which lenders may upload the Uniform Closing Dataset (UCD) and Uniform Loan Application Dataset
Colorado passed a bill increasing the amount of the state’s homestead exemption. Under the bill, the homestead exemption is increased to $250,000 (rather than $75,000)
Freddie Mac issued Bulletin 2022-7 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: removed the minimum indicator score requirement for
Fannie Mae issued Selling Guide Announcement SEL-2022-03 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: updated title insurance requirements to
Fannie Mae updated Lender Letter LL-2021-10 to remove the minimum representative credit score requirement for a RefiNow Mortgage. Per the updated Lender Letter, Fannie Mae
VA issued Circular 26-22-04 (Circular), announcing updates to the Request For Determination of Reasonable Value (VA Form 26-1805). Per the Circular, VA Form 26-1805 has
Freddie Mac issued Bulletin 2022-6 (Bulletin) updating automated collateral evaluation (ACE) appraisal waiver eligibility and introducing ACE+ Property Data Report (PDR). Per the Bulletin, Loan
Indiana passed a bill modifying timing requirements with respect to the notification of a data breach. Under the bill, persons that own or license computerized
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.
