Freddie Mac issued Bulletin 2025-6 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to IPCs and lender incentives
VA issued a Servicer Newsflash discontinuing a reporting requirement for a servicing transfer (transferring servicer) event related to Veterans Affairs Servicing Purchase (VASP) loan transfers.
RHS issued a Procedure Notice (Notice) announcing an amendment to chapter 8 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). Chapter 8 pertains to
Fannie Mae issued Lender Letter LL-2025-01, updating the time frames within which routine foreclosure proceedings must be completed in 22 jurisdictions. Per the Lender Letter,
Fannie Mae issued Servicing Guide Announcement SVC-2025-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified how to calculate the
FHA issued Mortgagee Letter (ML) 2025-10 extending the foreclosure moratorium for properties located in Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia affected by
FHA issued Mortgagee Letter (ML) 2025-12 ending the COVID-19 loss mitigation waterfall. Per the ML, FHA ended the COVID-19 loss mitigation waterfall, modified and replaced
Freddie Mac issued Bulletin 2025-5 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to state foreclosure timeline standards
VA issued Circular 26-25-02, rescinding VA’s home retention waterfall and ending the VA Servicing Purchase (VASP) program. Per the Circular, as of May 1, 2025,
Virginia passed a bill amending the Telephone Privacy Protection Act (TPPA). Under the TPPA, a telephone solicitation must include the solicitor’s name and telephone number,
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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