VA issued Circular 26-19-24, updating requirements with respect to loss mitigation letters sent to borrowers. Per the Circular, VA updated language that must be included
VA revised chapters 9 and 13 of the Lender’s Handbook (M26-7). Chapter 9 (Legal Instruments, Liens, Escrows and Related Issues) has been revised (in its
VA issued Circular 26-19-22, updating, clarifying and consolidating guidance related to Interest Rate Reduction Refinance Loans (IRRRLs). Specifically, the Circular discusses the standards imposed by
VA issued Circular 26-19-23, providing interim guidance pertaining to VA’s implementation of the Blue Water Navy Vietnam Veterans Act of 2019 (Act). The Act was
Fannie Mae issued Selling Guide Announcement SEL-2019-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae now allows lenders to use
Fannie Mae and Freddie Mac, at the direction of the Federal Housing Finance Agency (FHFA), postponed the mandatory use date for the redesigned Uniform Residential
Freddie Mac issued Bulletin 2019-17 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac now requires lenders to maintain a written
Freddie Mac issued Bulletin 2019-18 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). Per the Bulletin, Freddie Mac now allows servicers to use “eModification
FHA issued Mortgagee Letter 2019-14, updating loss mitigation procedures for borrowers whose home or place of employment is located in a presidentially-declared major disaster area
FHA rescinded Mortgagee Letter 2019-06: Downpayment Assistance and Operating in a Government Capacity Guidance. The Mortgagee Letter went into effect April 18, 2019. The rescission
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.
