Fannie Mae issued Lender Letter LL-2021-02 to extend the COVID-19 foreclosure moratorium and amend COVID-19 forbearance provisions. Per the Lender Letter, Fannie Mae extended the
Fannie Mae issued Lender Letter LL-2021-07 to amend COVID-19 payment deferral provisions. Per the Lender Letter, Fannie Mae updated payment deferral eligibility criteria to permit
Freddie Mac issued Bulletin 2021-8 to extend the COVID-19 foreclosure moratorium and amend COVID-19 forbearance and payment deferral provisions. Per the Bulletin, Freddie Mac extended
FHA issued Mortgagee Letter 2021-06 to extend temporary verification of employment and appraisal provisions due to COVID-19. The temporary provisions have been extended through June
FHA issued Mortgagee Letter 2021-07 to extend temporary verification of self-employment, rental income and 203(k) rehabilitation escrow account provisions due to COVID-19. The temporary provisions
RHS extended temporary verification of employment, appraisal and repair inspection provisions due to COVID-19. The temporary provisions have been extended through June 30, 2021. Click
VA issued Circular 26-21-03, announcing enhancements to the Certificate of Eligibility (COE) to streamline income verification. Per the Circular, the enhancements to the COE will
VA issued Circular 26-2021-04 amending forbearance provisions related to COVID-19. Per the Circular, VA extended the COVID-19 Forbearance start date to June 30, 2021. A
VA issued Circular 26-21-05 to extend the foreclosure and eviction moratorium in connection with COVID-19. The foreclosure and eviction moratorium is extended through June 30,
Fannie Mae issued Lender Letter LL-2019-06, announcing updates to mortgage insurance requirements. Per the Lender Letter, Fannie Mae updated the MassHousing Mortgage Insurance Fund’s Loan
Iowa passed a bill enacting provisions with respect to mortgage trigger leads. Under the bill, a financial institution may not use an unfair or deceptive
Idaho amending signature requirements with respect to homestead property. Under the bill, the homestead of a married person cannot be conveyed or encumbered by a
Maryland passed a bill requiring an assumption provision be included in a conventional home mortgage loans. Under the bill, a conventional home mortgage loan must
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.
