Florida passed a bill amending the timeframe for canceling a mortgage upon full satisfaction of the mortgage. Under the bill, a lender or servicer must
HUD issued Mortgagee Letter 2016-06. This Mortgagee Letter announces revisions to form HUD 92900-A, HUD/VA, Addendum to Uniform Residential Loan Application. Mortgagees must use the
Recently the IRS updated Form 4506 and Form 4506T to include a check box in the Signature section. When checked, the tax payer attests they
Fannie Mae issued Servicing Guide Announcement SVC-2016-02 (Announcement). This Announcement: clarifies requirements with respect to HAMP incentive payments; updates the maximum number of allowable days
Freddie Mac issued Bulletin 2016-5 (Bulletin). This Bulletin: permits a mortgage subject to an indemnification agreement to be eligible for a mortgage modification; revises state
Wyoming passed a bill allowing documents to be electronically recorded pursuant to the Uniform Real Property Electronic Recording Act. The bill becomes effective January 1,
VA issued Circular 26-16-08 (Circular). This Circular provides guidance on the Department of Veterans Affairs’ minimum property requirements as a result of the emergency declaration
Fannie Mae issued Selling Guide Announcement SEL-2016-02 (Announcement). This Announcement: eliminates the continuity of obligation policy; clarifies lender obligations for reporting a breach of a
FHA issued Mortgagee Letter 2016-05 providing additional guidance related to Mortgagee Optional Election (MOE) assignments. This Mortgagee Letter provides mortgagees with instructions on requesting an
Fannie Mae issued Servicing Guide Announcement SVC-2016-01 (Announcement). This Announcement: updates Form 629 (Request for Approval of Servicing or Subservicing Transfer); removes the Desktop Originator
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