Nevada passed a bill imposing net worth requirements for covered institutions licensed under the Mortgage Servicers Act. Under the bill, covered institutions that service (or
RHS issued a SFH Guaranteed Origination Notice (Notice) increasing the elderly family deduction when calculating adjusted annual income within the Single-Family Housing Guaranteed Loan Program
Fannie Mae issued Selling Guide Announcement SEL-2025-06 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae updated: Revisions related to co-op
Fannie Mae revised the Maine MERS Assignment (Form 3749). Various revisions were made to Exhibit A of the Maine MERS Assignment (Form 3749) to reflect
Freddie Mac issued Bulletin 2025-10 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions went into effect August 6, 2025.
Rhode Island passed a bill requiring mortgage lenders, brokers, originators, processors and underwriters who are independent contractors, and 3rd-Party servicers licensed under the Rhode Island
California passed a bill amending state foreclosure laws under the nonjudicial foreclosure process involving a subordinate mortgage. Under the bill, a mortgage servicer, mortgagee, trustee,
California passed a bill increasing an assessment under the Residential Mortgage Lending Act (RMLA). Under the bill, the assessment mortgage lenders and servicers bankers must
Minnesota passed a bill amending the maximum interest rate for conventional junior lien loans and amending the delivery for the Notice of Default. Under the
North Carolina passed a bill modernizing the Secure and Fair Enforcement Mortgage Licensing Act (NCSFEMLA). Under the bill, the NCSFEMLA: In addition, the bill required
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