Freddie Mac issued Bulletin 2025-B (Bulletin) announcing that a number of chapters related to servicing in the Single-Family Seller/Servicer Guide have been refactored to enhance
VA revised topic 33 of chapter 12 of the Lender’s Handbook (M26-7). Topic 33, relating to wood destroying insects/fungus/dry rot, of chapter 12 was revised
Fannie Mae issued Selling Guide Announcement SEL-2025-05 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to project review
FHA issued Mortgagee Letter 2025-15 eliminating the requirement for the Supplemental Consumer Information Form (SCIF) to be submitted in the FHA case binder as part
FHA issued Mortgagee Letter 2025-16 eliminating the full-time employment requirement for Direct Endorsement (DE) underwriter eligibility. Per the Mortgagee Letter (ML), FHA eliminated the full-time
FHA issued Mortgagee Letter 2025-17 rescinding the policy guidance announced in Mortgagee Letter 2024-20. Mortgagee Letter 2024-20 required that the lowest floor in newly constructed
FHA issued Mortgagee Letter 2025-18 eliminating outdated and costly FHA appraisal protocols. Per the Mortgagee Letter (ML), FHA removed the following from HUD Handbook 4000.1,
FHA issued Mortgagee Letter 2025-19 eliminating pre-endorsement inspection requirements for properties located in Presidentially-Declared Major Disaster Areas (PDMDAs). Per the Mortgagee Letter (ML), FHA eliminated
Freddie Mac issued Bulletin 2025-9 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to project review requirements are
Connecticut passed a bill amending the state’s action to foreclose mortgage provisions. Under the bill, an action to foreclose a mortgage on a 1-to-4 family dwelling,
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