FHA is waiving its policy requiring mortgagees to provide borrowers with Form HUD-92900-B, (Important Notice to Homebuyers). The waiving of this policy removes the following
Fannie Mae issued Selling Guide Announcement SEL-2025-09 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related expanded Day 1
Freddie Mac issued Bulletin 2025-15 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to mortgages secured by manufactured
California passed a bill amending state foreclosure laws under the nonjudicial foreclosure process. Under the bill, the state’s “foreclosure prevention alternative” exemption requirement was amended
California passed a bill amending the state’s notice requirements with respect to a breach of security. Under existing law, a person that conducts business in
Fannie Mae issued Selling Guide Announcement SEL-2025-08 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to rental income
Freddie Mac issued Bulletin 2025-14 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to requirements related to anti-money
Massachusetts adopted rules set forth in 209 CMR (Division of Banks) by removing and re-organizing regulations set forth in 209 CMR 18.00 (Conduct of the
California passed a bill enacting the Mortgage Forbearance Act (MFA). The MFA was enacted to allow a borrower to request forbearance on the borrower’s residential
California passed a bill requiring payment of interest on funds in a loss draft account. Under the bill, a servicer must pay at least 2%
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