Connecticut passed a bill imposing net worth requirements for large mortgage servicers. Under the bill, mortgage servicers that service (or subservice) at least 2,000 mortgage
Texas adopted rules amending recordkeeping requirements under the Mortgage Banker Registration and Residential Mortgage Loan Originator License Act, and the Residential Mortgage Loan Company Licensing
VA issued Circular 26-22-09 (Circular), announcing new loan approval procedures for loans where the borrower has a VA-appointed fiduciary and for loans with 2 or
New York passed a bill prohibiting discrimination against victims of domestic violence. Under the bill, a lender may not discriminate against an applicant or borrower
Georgia passed a bill mandating the information that must be included on the first page of a security deed. Under the bill, a security deed
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
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