California passed a bill requiring a lender or broker refinancing a first lien, purchase money loan secured by 1-to 4- dwelling units to provide an

Fannie Mae issued Servicing Guide Announcement SVC-2021-07 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated requirements for reclassification and

Fannie Mae issued Lender Letter LL-2021-14 to specify temporary eligibility requirements for condominium and co-op projects with 5 or more attached units (collectively “Projects)”, regardless

Montana adopted rules increasing license renewal fees under the Montana Mortgage Act. The increased renewal fees are effective for license periods on or after January

Freddie Mac Issued Bulletin 2021-31 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revised requirements for lender and related third

Fannie Mae updated Lender Letter LL-2021-12, announcing the effective dates for the Cash Simplification changes outlined in the initial Lender Letter. Per the initial Lender

Fannie Mae issued Selling Guide Announcement SEL-2021-09 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae modified the permitted homeownership education

Fannie Mae revised the Tennessee security instrument Standard Form (Form 3043) and Short Form (Form 3043-SF), and updated the instructions for the Multistate 1-4 Family

VA issued Circular 26-21-20, updating the period during which a COVID-related forbearance may be approved and the completion date for all COVID-related forbearances. Per the

Fannie Mae issued a Servicing Notice (Notice) updating the list of mortgage insurance companies participating in the Mortgage Insurance Claims Portal (MICP). Per the Notice,