New Jersey Amends High-Cost Home Loan Limit
January 10, 2022
The New Jersey Department of Banking and Insurance issued a bulletin amending the high-cost home loan limit under the Home Ownership Security Act of 2002
The New Jersey Department of Banking and Insurance issued a bulletin amending the high-cost home loan limit under the Home Ownership Security Act of 2002
VA issued Circular 26-22-01 (Circular), describing measures mortgagees may employ to provide relief to Colorado home loan borrowers affected by wildfires and straight-line winds. The
FHA issued Mortgagee Letter 2021-31, updating the effective date for the transition of the Single Family Default Monitoring System (SFDMS) from FHA Connection to FHA
VA issued Circular 26-21-27 to extend the suspension of property inspection requirements for COVID-19 forbearance cases. On June 8, 2020, VA issued Circular 26-20-21 suspending
VA issued Circular 26-21-27 to extend the suspension of property inspection requirements for COVID-19 forbearance cases. On June 8, 2020, VA issued Circular 26-20-21 suspending
VA issued Circular 26-21-23 (Circular), describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms, straight-line winds, flooding, and
The CFPB issued the 2021 LIBOR Transition rule (Rule) amending the Truth in Lending Act (TILA) to address the sunset of LIBOR (which is expected
Fannie Mae issued Servicing Guide Announcement SVC-2021-08 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae consolidated property insurance requirements applicable
Freddie Mac issued Bulletin 2021-37 (Bulletin) updating modification agreement requirements. Per the Bulletin, servicers are no longer required to prepare 2 original modification agreements for
FHA issued a partial waiver extending the face-to-face interview requirement for borrowers in default. The partial waiver allows lenders and servicers to continue to utilize
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