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
Tennessee passed a bill enacting the Tennessee Reverse Mortgage Innovation Act and adding, amending, and deleting several reverse mortgage provisions. Under the bill, the Home
Fannie Mae revised Virginia Deed of Trust (Form 3047) and California Deed of Trust (Form 3005). The revision announced that a new paragraph has been
Fannie Mae issued Servicing Guide Announcement SVC-2026-04 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated: Revisions related to Custodial
Fannie Mae issued Selling Guide Announcement SEL-2026-05 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to eligibility guidance
Freddie Mac issued Bulletin 2026-6 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: All revisions are effective May 6, 2026.
Minnesota passed a bill amending the Minnesota Residential Mortgage Originator and Servicer Licensing Act (MRMOSLA). Under the bill, the MRMOSLA was amended to modify the
Freddie Mac issued Bulletin 2026-D (Bulletin) and Fannie Mae issued Selling Guide Announcement SEL-2026-04 (Selling Guide Announcement), implementing new credit score models. Per the Bulletin
Colorado passed a bill enacting the Uniform Mortgage Modification Act (UMMA). Per the bill, the UMMA was enacted to set forth the effect of a
Mississippi passed a bill amending the Mississippi S.A.F.E. Mortgage Act. Under the bill, Mississippi S.A.F.E. Mortgage Act requirements related to the following were amended: Also,
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.
