Tennessee passed a bill allowing employees to work at remote locations. Under the bill, a mortgage lender, broker or servicer licensed under the Residential Lending,
Freddie Mac issued Bulletin 2022-9 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: clarified temporary guidance on mortgage assistance through
Virginia passed a bill amending dual capacity disclosure requirements for mortgage brokers licensed under the Mortgage Lender and Broker Act. Under the bill, a dual
VA issued Circular 26-22-05 (Circular), announcing a new optional procedure in which lenders may upload the Uniform Closing Dataset (UCD) and Uniform Loan Application Dataset
Colorado passed a bill increasing the amount of the state’s homestead exemption. Under the bill, the homestead exemption is increased to $250,000 (rather than $75,000)
Freddie Mac issued Bulletin 2022-7 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: removed the minimum indicator score requirement for
Freddie Mac issued Bulletin 2022-8 (Bulletin) announcing temporary guidance related to foreclosure actions and the Homeowner Assistance Fund (HAF). Per the Bulletin, servicers must suspend
Fannie Mae issued Selling Guide Announcement SEL-2022-03 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: updated title insurance requirements to
Fannie Mae updated Lender Letter LL-2021-02 to announce temporary guidance related to foreclosure actions and the Homeowner Assistance Fund (HAF). Per the updated Lender Letter,
Fannie Mae updated Lender Letter LL-2021-10 to remove the minimum representative credit score requirement for a RefiNow Mortgage. Per the updated Lender Letter, Fannie Mae
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing revisions to chapters 17, 18, and 19 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555).
North Dakota passed a bill requiring a financial corporation (nondepository entities regulated by the N.D. Department of Financial Institutions (Department)) to maintain a comprehensive information
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
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