Fannie Mae issued Servicing Guide Announcement SVC-2026-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated allowable foreclosure and bankruptcy
Freddie Mac issued Bulletin 2026-14 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to the Resolve update are
Fannie Mae and Freddie Mac issued Lender Letter LL-2026-08 (Lender Letter) and Bulletin 2026-J (Bulletin) announcing a temporary Uniform Appraisal Dataset 3.6 exception policy. Per
California passed a bill amending hazard insurance proceed requirements with respect to the method of payment of interest to the borrower. Under the bill, the
Fannie Mae issued Lender Letter LL-2026-07, updating termination of conventional mortgage insurance requirements. Per the Lender Letter, Fannie is permitting servicers to proactively solicit borrowers
California amended the Mortgage Forbearance Act (MFA). The MFA was enacted to allow a borrower to request forbearance on the borrower’s residential mortgage loan who
Iowa adopted rules amending the Mortgage Bankers and Brokers Act and Secure and Fair Enforcement for Mortgage Licensing Act. The adopted rules rescinded and replaced,
Connecticut passed a bill requiring a lender or service to accept full or partial prepayment of a mortgage loan. Under the bill, with respect to
Fannie Mae issued Servicing Guide Announcement SVC-2026-05 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated the Servicing Guide to
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update adds new guidance, eliminates outdated guidance, clarifies instructions, includes
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