Fannie Mae issued an update to Lender Letter LL-2021-07 to adjust the Fannie Mae Flex Modification eligibility criteria for COVID-19 impacted borrowers. Per the updated

VA issued Circular 26-21-10 to extend the foreclosure and eviction moratorium in connection with COVID-19. Per the Circular, VA extended the foreclosure and eviction moratorium

VA issued Circular 26-20-10, Change 2, announcing temporary measures related to borrower qualification for a VA-guaranteed home loan when the borrower’s income and the lender’s

Ohio passed a bill amending the Residential Mortgage Lending Act (RMLA). Under the bill, provisions related to the temporary mortgage loan originator license are repealed.

Connecticut passed a bill amending breach of security requirements. Under the bill, a person that owns, licenses or maintains computerized data that includes personal information

Freddie Mac updated the Refi Possible mortgage requirements announced in Bulletin 2021-17 pertaining to payment history and secondary financing. The updated requirements are effective August

Nevada passed a bill amending “notice of sale” requirements with respect to judicial foreclosures. Under the bill, a “notice of sale” must be mailed to:

Maine passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed using

FHA issued Mortgagee Letter 2021-16 to extend temporary verification of self-employment, rental income and 203(k) rehabilitation escrow account provisions due to COVID-19. The temporary provisions

Freddie Mac issued Bulletin 2021-17, introducing the Refi Possible refinance mortgage. Per the Bulletin, the Refi Possible mortgage is a new “no-cash out” refinance mortgage