VA issued Circular 26-18-11, announcing that, effective June 1, 2018, winterization fees (where payable) are allowed all year around (previously only permitted between October 1
VA issued Circular 26-18-09, describing measures mortgagees may employ to provide relief to home loan borrowers affected by tornadoes and severe storms in North Carolina.
VA issued Circular 26-18-08 and 26-18-10, describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms, flooding, landslides, volcanic
Wisconsin passed a bill allowing internet-based foreclosure auctions. Under the bill, a county may enact an ordinance requiring mortgage foreclosure sales to be conducted online
Fannie Mae issued Servicing Guide Announcement SVC-2018-03 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated requirements with respect to
Fannie Mae issued Reverse Mortgage Servicing Manual Announcement RVS-2018-01 (Announcement), setting forth updates to the Reverse Mortgage Loan Servicing Manual (Manual). Per the Announcement, servicers
Freddie Mac issued Bulletin 2018-6 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). Per the Bulletin, Freddie Mac: updated requirements related to subsequent transfers
Freddie Mac issued Bulletin 2018-7 (Bulletin), introducing the HomeOne mortgage for first-time homebuyers. The HomeOne mortgage is a conventional mortgage product that offers a 3%
VA issued Circular 26-18-6 (Circular), amending and enhancing policy with respect to loans used for alteration and repair. The intent of the new policy is
VA issued Circular 26-18-7 (Circular), amending requirements with respect to construction loans. Per the Circular, VA has received inquiries regarding the procedures to process construction
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing revisions to chapters 17, 18, and 19 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555).
North Dakota passed a bill requiring a financial corporation (nondepository entities regulated by the N.D. Department of Financial Institutions (Department)) to maintain a comprehensive information
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
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