Fannie Mae issued Lender Letter LL-2023-04, updating Fannie Mae’s payment deferral requirements. Per the Lender Letter, Fannie Mae replaced all payment deferral requirements reflected in
Freddie Mac issued Bulletin 2023-8 (Bulletin), updating payment deferral requirements. Per the Bulletin, Freddie Mac: In addition, Freddie Mac announced new outreach requirements for mortgages
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
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