RHS revised chapters 2, 15, and 16 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates to chapter 2 pertain to
Freddie Mac issued Bulletin 2022-10 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Updated payment history requirements for refinance transactions
Fannie Mae issued Selling Guide Announcement SEL-2022-04 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: added requirements on the use
RHS issued a SFH Guaranteed Origination Notice (Notice) clarifying loan eligibility for a non-U.S. citizen with a valid Social Security Number and work authorization. Per
Maine passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised Uniform
Kentucky passed a bill allowing employees to work at alternate work locations. Under the bill, a mortgage loan company or loan broker licensed under the
Wisconsin passed a bill removing an approved index for variable rate transactions. Under the bill, use of the national average mortgage contract rate for major
Kansas passed a bill allowing mortgage business at remote locations. Under the bill, a mortgage company licensed under the Mortgage Business Act (MBA) may conduct
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
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