Freddie Mac issued Bulletin 2023-17 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac retired: Freddie Mac also increased the reimbursable
Fannie Mae issued Selling Guide Announcement SEL-2023-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to PDCIR are
Freddie Mac issued Bulletin 2023-16 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to installment agreements and income
RHS implemented the Tribal Property Valuation and Tribal Rehabilitation Pilot Programs. The Tribal Property Valuation Pilot Program provides an alternative approach to obtain values when
RHS revised Chapter 3 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). Specifically, RHS revised: The revisions went into effect July 21,
Colorado passed a bill amending the due and payable requirements for reverse mortgage loans with respect to a natural disaster or force majeure. Under the
Florida passed a bill enacting collateral protection insurance (force placed insurance) requirements. The bill enacts requirements with respect to the placement of collateral protection insurance,
Vermont passed a bill enacting the Uniform Power of Attorney Act. The Uniform Power of Attorney Act is modeled upon the Uniform Power of Attorney
Maine adopted rules increasing the initial licensing and renewal fees for mortgage loan originators licensed under the Secure and Fair Enforcement for Mortgage Licensing Act.
Nevada passed a bill authorizing mortgage employees to work at remote locations. Under the bill, a mortgage company licensed under the Mortgage Company and Loan
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.
