Oklahoma passed a bill allowing electronic payment convenience fees in connection with loans subject to the Uniform Consumer Credit Code. Under the bill, a lender
Kentucky passed a bill enacting the Uniform Power of Attorney Act. The Uniform Power of Attorney Act is modeled upon the Uniform Power of Attorney
FHA conditionally extended the foreclosure moratorium for properties located in Puerto Rico and the Virgin Islands affected by Hurricane Maria. To qualify for the conditional
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
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