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
Rhode Island passed a bill requiring mortgage lenders, brokers, originators, processors and underwriters who are independent contractors, and 3rd-Party servicers licensed under the Rhode Island
California passed a bill amending state foreclosure laws under the nonjudicial foreclosure process involving a subordinate mortgage. Under the bill, a mortgage servicer, mortgagee, trustee,
California passed a bill increasing an assessment under the Residential Mortgage Lending Act (RMLA). Under the bill, the assessment mortgage lenders and servicers bankers must
Minnesota passed a bill amending the maximum interest rate for conventional junior lien loans and amending the delivery for the Notice of Default. Under the
North Carolina passed a bill modernizing the Secure and Fair Enforcement Mortgage Licensing Act (NCSFEMLA). Under the bill, the NCSFEMLA: In addition, the bill required
Fannie Mae issued Servicing Guide Announcement SVC-2025-04 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: Revision related to foreclosure time
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