Fannie Mae issued Selling Guide Announcement SEL-2026-06 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: All revisions are effective June
Freddie Mac issued Bulletin 2026-7 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: California Assembly Bill 3100, respectively; Originators may
VA issued Circular 26-24-19, Change 1 updating clarification of documentation requirements related to supporting itemized fees and charges to the borrower (or assumer). Per the
VA revised chapter 5 of the Servicer’s Handbook (M26-4) to add the new VA Loss Mitigation Waterfall, update loss mitigation program requirements, and provide clarification
VA added chapter 22 of the Servicer’s Handbook (M26-4) to outline the program policy and procedures for VA Partial Claim in accordance with Public Law
Connecticut passed a bill amending the Nondepository Mortgage Lenders and Brokers Act. Under the bill, a mortgage lender, correspondent lender, and broker must provide the
Fannie Mae updated the area median incomes (AMIs) used to determine a borrower’s eligibility for HomeReady, RefiNow, and Duty to Serve loans. The 2026 AMIs
Freddie Mac issued Bulletin 2026-F (Bulletin), announcing updated area median income (AMI) limits. For mortgages submitted to Loan Product Advisor (LPA), LPA will be updated
South Carolina passed a bill amending the South Carolina High-Cost and Consumer Home Loans Act. The bill redefines “conventional mortgage rate” to mean the average
South Carolina passed a bill amending the Consumer Protection Code. This bill defines bridge loans as short-term consumer loans for residential real property acquisition or
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