Fannie Mae revised the Delaware Security Instrument Form (Form 3008). The revision to the Delaware Security Instrument corrects an erroneous state reference resulting from a
California passed a bill allowing employees to work at remote locations. Under the bill, finance lenders and brokers licensed under the California Financing Law may
FHA issued Mortgagee Letter 2022-14, requiring a Unique Entity Identifier (UEI) for FHA approved lenders, mortgagees and institutions seeking FHA approval as part of their
California passed a bill amending Notice to Cosigner (Notice) requirements with respect to consumer credit contracts. Under the bill, all persons who sign a consumer
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing new default status codes for electronic status reporting. Per the Notice, RHS added status codes servicers
RHS revised chapter 8 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates make grammatical and formatting changes, correct discrepancies and
Fannie Mae issued Servicing Guide Announcement SVC-2022-06 (Announcement), updating fair lending data requirements. Per the Announcement, Fannie Mae added a requirement for servicers to maintain
Freddie Mac issued Bulletin 2022-17 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac added a requirement for servicers to maintain
Freddie Mac issued Bulletin 2022-16 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: announced that properties with age-based resale restrictions
VA issued Circular 26-22-13 permitting the use of an exterior-only or desktop appraisal for purchase transactions. Per the Circular, a lender may use an exterior-only
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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