The CFPB updated the “What You Should Know About Home Equity Lines of Credit” brochure (HELOC Brochure). Per the CFPB, the HELOC Brochure was updated
Freddie Mac issued Bulletin 2022-26 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: extended the date by which the processing
FHA issued Mortgagee Letter 2022-22, revising dual employment requirements and clarifying other conflict of interest policies. Per the Mortgagee Letter, FHA is permitting individuals that
FHA added a new COVID-19 Home Equity Conversion Mortgage (HECM) property charge repayment plan option to assist senior homeowners who are behind on property charge
Fannie Mae issued Selling Guide Announcement SEL-2022-10 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: updated single-width manufactured home requirements
VA issued Circular 26-22-18 (Circular), announcing the Federal Housing Finance Agency maximum conforming loan limits (CLL) for 2023. Per the Circular, VA announced that the
Fannie Mae issued Lender Letter LL-2022-07, providing information related to the Making Home Affordable Supplemental Directive 22-01 (Making Home Affordable Program-Revised Program End Date) issued
Freddie Mac issued Bulletin 2022-25 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: announced the new conforming loan limit values
Freddie Mac issued Bulletin 2022-24 (Bulletin) announcing updates related to Automated Collateral Evaluation (ACE) + Property Data Report (PDR). Per the Bulletin, Freddie Mac is
Washington adopted rules allowing loan originators to work at remote locations. Under the rule, a mortgage lender or broker licensed under the Consumer Loan Act
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
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