FNMA issued Selling Guide Announcement SEL-2021-04 (Announcement), updating QC collateral risk assessment requirements.  Currently, a lender is required to obtain an appraisal field review for

Indiana passed a bill amending publication requirements with respect to a foreclosure notice of sale. Currently, a sheriff is required to publish a notice of

RHS amended the income limits under the Single Family Housing Guaranteed Loan Program. Appendix 5 of the Single Family Housing Guaranteed Loan Program Technical Handbook

Fannie Mae issued Lender Letter LL-2021-10 (Letter), introducing the RefiNow refinance option. Per the Letter, the RefiNow option offers expanded eligibility to benefit borrowers at

New Mexico passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised

Arizona passed a bill repealing and reenacting the Revised Uniform Law on Notarial Acts. The reenacted Revised Uniform Law on Notarial Acts is modeled upon

Virginia passed a bill amending foreclosure Notice of Sale requirements for owner-occupied properties. Under the bill, a Notice of Sale must now be provided at

Oklahoma passed a bill enacting the Uniform Power of Attorney Act. The Uniform Power of Attorney Act is modeled upon the Uniform Power of Attorney

Oklahoma passed a bill increasing the permissible finance charge under the Uniform Consumer Credit Code. Under the bill, a supervised lender may contract for and

Fannie Mae issued Lender Letter LL-2021-04 to extend temporary appraisal flexibilities due to COVID-19. The temporary flexibilities have been extended through May 31, 2021. Per