The CFPB issued a Federal Register notice withdrawing 7 interpretive rules, 8 policy statements, 13 advisory opinions, and 39 other CFPB guidance. The withdrawals were
FHA issued Mortgagee Letter (ML) 2025-13 rescinding the policy guidance announced in Mortgagee Letters 2022-01 and 2022-08. Specifically, FHA: The CWCOT provisions of this ML
Freddie Mac issued Bulletin 2025-6 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to IPCs and lender incentives
RHS issued a SFH Guaranteed Origination Notice (Notice) announcing revisions to chapters 2, 6, 12, and 13 and Appendices 2, 3, and 7 of the
VA issued a Servicer Newsflash discontinuing a reporting requirement for a servicing transfer (transferring servicer) event related to Veterans Affairs Servicing Purchase (VASP) loan transfers.
Fannie Mae issued Selling Guide Announcement SEL-2025-03 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to IPCs and
Freddie Mac issued Bulletin 2025-A (Bulletin), announcing updated area median income (AMI) limits. Loan Product Advisor will be updated on May 18, 2025 to reflect
RHS issued a Procedure Notice (Notice) announcing an amendment to chapter 8 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). Chapter 8 pertains to
Fannie Mae issued Lender Letter LL-2025-01, updating the time frames within which routine foreclosure proceedings must be completed in 22 jurisdictions. Per the Lender Letter,
Fannie Mae issued Servicing Guide Announcement SVC-2025-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified how to calculate the
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
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