VA issued Circular 26-22-04 (Circular), announcing updates to the Request For Determination of Reasonable Value (VA Form 26-1805). Per the Circular, VA Form 26-1805 has
Freddie Mac issued Bulletin 2022-6 (Bulletin) updating automated collateral evaluation (ACE) appraisal waiver eligibility and introducing ACE+ Property Data Report (PDR). Per the Bulletin, Loan
Indiana passed a bill modifying timing requirements with respect to the notification of a data breach. Under the bill, persons that own or license computerized
Indiana passed a bill permitting electronic foreclosure sales. Under the bill, a sheriff may now conduct a foreclosure sale electronically (in addition to conducting a
FHA issued FHA Info #2022-25 requiring the electronic submission of flood insurance data through FHA Connection (FHAC). Per the update, new fields have been added
Fannie Mae issued Selling Guide Announcement SEL-2022-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Updated requirements with respect to
Freddie Mac issued Bulletin 2022-5 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: introduced automated income assessment with Loan Product
Congratulations to TENA’s own Jamie Huseth for earning her Certified Regulatory Compliance Manager (CRCM) certification from the American Bankers Association! Awesome job, Jamie!
New York passed a bill amending the single point of contact requirement for borrowers pursuing a loan modification or other foreclosure prevention alternative in connection
New York passed a bill enacting provisions with respect to reverse cooperative apartment unit loans. The provisions apply to reverse mortgage loans secured by a
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