VA issued Circular 26-25-02, rescinding VA’s home retention waterfall and ending the VA Servicing Purchase (VASP) program. Per the Circular, as of May 1, 2025,
Virginia passed a bill amending the Telephone Privacy Protection Act (TPPA). Under the TPPA, a telephone solicitation must include the solicitor’s name and telephone number,
Virginia passed a bill extending the duration of the foreclosure stay for borrowers in default due to a government shutdown. Currently, a borrower in default
Iowa passed a bill enacting provisions with respect to mortgage trigger leads. Under the bill, a financial institution may not use an unfair or deceptive
Idaho amending signature requirements with respect to homestead property. Under the bill, the homestead of a married person cannot be conveyed or encumbered by a
Maryland passed a bill requiring an assumption provision be included in a conventional home mortgage loans. Under the bill, a conventional home mortgage loan must
Mississippi passed a bill amending the S.A.F.E. Mortgage Act. Under the bill, the maximum amount of the surety bond the Department may require is increased
Tennessee passed a bill revising the index used to calculate the maximum permissible interest rate for home loans. Currently, the maximum interest rate for a
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
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.
