Maryland Amends Statutory Power of Attorney Forms
October 17, 2023
Maryland passed a bill amending the content of the Statutory Form Personal Financial Power of Attorney and the Statutory Form Limited Power of Attorney under
Maryland passed a bill amending the content of the Statutory Form Personal Financial Power of Attorney and the Statutory Form Limited Power of Attorney under
VA issued Circular 26-23-12, Change 1, amending COVID-19 Home Retention Waterfall and COVID-19 Refund Modification requirements. Per the Circular, VA amended Section 7(a)(2) of the
Fannie Mae issued Servicing Guide Announcement SVC-2023-05 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: default-related legal services. Revisions related
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
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