Fannie Mae issued Servicing Guide Announcement SVC-2017-02 (Announcement), setting forth updates to the Servicing Guide. As outlined in the Announcement, the Servicing Guide has been
VA issued Circular 26-17-04, describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms and tornadoes in Georgia and
VA increased the maximum allowable bankruptcy attorney fees for legal services performed on a servicer’s behalf. VA will now allow attorney fees of $1050 (Chapter
Nevada adopted rules amending requirements under the Mortgage Broker Act. Under the adopted rules, mortgage brokers that service Nevada mortgage loans made or arranged by
Nevada adopted rules amending requirements under the Mortgage Banker Act. Under the adopted rules, mortgage bankers that service Nevada mortgage loans made or arranged by
Massachusetts adopted rules amending requirements with respect to the loan modification process for loans qualifying as “certain mortgage loans.” The adopted rules: remove all references
Fannie Mae issued Selling Guide Announcement SEL-2017-01, setting forth updates to the Selling Guide. As outlined in the Announcement, the Selling Guide has been updated
Washington adopted rules clarifying tangible net worth and liquidity requirements for mortgage loan servicers licensed under the Consumer Loan Act (CLA). Under the adopted rules,
Colorado adopted rules amending requirements under the Mortgage Loan Originator Licensing and Mortgage Company Registration Act (MLOLMCRA). Under the adopted rules, a mortgage loan originator
VA issued Circular 26-17-02 (Circular), clarifying and explaining new policy with respect to student loans and the underwriting of a VA home loan. The Circular
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