Freddie Mac issued Bulletin 2023-20 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to Resolve are effective October
Connecticut passed a bill amending release of lien provisions. Under the bill, a lender or servicer must execute and deliver a release of lien to
Florida passed a bill amending estoppel letter (payoff statement) requirements when a borrower requests an estoppel letter. The bill amends estoppel letter requirements with respect
Texas passed a bill enacting release of lien requirements with respect to home loans (loans secured by a 1-to 4- family dwelling occupied as the
Connecticut passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed using
Texas passed a bill amending security breach disclosure requirements. Under the bill, a lender, broker or servicer must notify the attorney general of a breach
Montana adopted rules increasing mortgage lender and servicer license renewal fees under the Montana Mortgage Act. Per the rule adoption, the renewal fee for a
North Dakota passed a bill enacting the Residential Mortgage Loan Servicers Act. Under the bill, a person may not engage in the business of residential
VA issued Circular 26-23-16 (Circular), describing measures mortgagees may employ to provide relief to Hawaii home loan borrowers affected by wildfires. The measures include: the
RHS issued an announcement outlining the relief measures loan holders and loan servicers should employ to assist borrowers affected by the Maui wildfires. The measures
Fannie Mae issued Selling Guide Announcement SEL-2025-04 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae Revisions related to UAD 3.6
Fannie Mae issued Servicing Guide Announcement SVC-2025-03 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae increased various property preservation expense
Fannie Mae issued a Servicing Notice (Notice) issuing a non-objection to the merger of Republic Mortgage Insurance Company and Republic Mortgage Guaranty Insurance Corporation, formerly
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