RHS Adopts Rule Implementing Changes to Loss Claim and Loss Mitigation Processes
RHS adopted a rule implementing changes to loss claim and loss mitigation processes. The rule streamlined the loss claim process for lenders who have acquired
RHS adopted a rule implementing changes to loss claim and loss mitigation processes. The rule streamlined the loss claim process for lenders who have acquired
The CFPB published additional guidance related to disclosure of construction and construction-permanent loans under the TILA-RESPA Integrated Disclosure (TRID) Rule. The CFPB published two guides
Fannie Mae and Freddie Mac published a revised implementation timeline for the redesigned Uniform Residential Loan Application (URLA) and updated automatic underwriting systems (AUS). The
Kentucky passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed for
Idaho passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is defined as a notarial act
Oklahoma passed a bill authorizing remote online notarizations and establishing requirements for the performance of remote online notarizations. A remote online notarization is a notarial
Florida passed a bill authorizing online notarizations and establishing requirements for the performance of online notarizations. An online notarization is a notarial act performed in
Fannie Mae issued Servicing Guide Announcement SVC-2019-08: Servicing Guide Updates (Announcement), announcing revisions to the Single-Family Servicing Guide. Per the Announcement, Fannie Mae introduced a
Fannie Mae issued Selling Guide Announcement SEL-2019-09 (Announcement). Per the Announcement, Fannie Mae updated the Selling Guide to include changes to the following: Monthly real
Freddie Mac issued Bulletin 2019-25 (Bulletin) announcing revisions to the Single-Family/Servicer Guide. Per the Bulletin, Freddie Mac updated requirements related to the following: GreenChoice Mortgages;
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