Freddie Mac, Fannie Mae, and FHA issued Bulletin 2025-E (Bulletin), Lender Letter LL 2025-03, and FHA Info #2025-49 (respectively) issuing temporary guidance related to the
Ohio adopted rules enacting and amending provisions under the Residential Mortgage Lending Act. The adopted rule adds mortgage servicer requirements related to registration, letters of
VA issued Circular 26-25-02, issuing procedure for the collection of partial claim funds. Per the Circular, if a VA-guaranteed loan has paid-in-full and a loan
VA issued a federal register notice updating the maximum allowable legal fee amounts for each state related to legal services performed in connection with foreclosures
FHA issued FHA Info 2025-42 announcing the adoption of the modernized Uniform Appraisal Dataset (UAD) 3.6. Per the announcement, the new UAD 3.6 Uniform Residential
Minnesota passed a bill amending loss mitigation requirements for servicers of first lien mortgage loans and the state’s foreclosure laws. Under the bill, the mandatory
Fannie Mae issued Servicing Guide Announcement SVC-2025-05 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: The revisions related to temporary
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes minor policy changes and technical edits, and incorporates
Freddie Mac issued Bulletin 2025-11 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to temporary subsidy buydown plan
Nevada passed a bill imposing net worth requirements for covered institutions licensed under the Mortgage Servicers Act. Under the bill, covered institutions that service (or
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