FHA issued Mortgagee Letter 2021-08, updating Home Equity Conversion Mortgage (HECM) requirements with respect to interest rate changes. Per the Mortgagee Letter, FHA: removed approval

Freddie Mac issued Guide Bulletin 2021-10 to extend temporary verification of employment, appraisal, condominium project and power of attorney flexibilities due to COVID-19. The temporary

Fannie Mae issued Lender Letter LL-2021-08: Eligibility of Loans Secured by Second Home and Investment Properties. Per the Lender Letter, all loans secured by a

Fannie Mae issued Servicing Guide Announcement SVC-2021-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: amended requirements for submitting property

Fannie Mae issued Lender Letter LL-2021-03 to extend temporary verification of employment and power of attorney flexibilities due to COVID-19. The temporary flexibilities have been

Fannie Mae issued Lender Letter LL-2021-04 to extend temporary appraisal flexibilities due to COVID-19. The temporary flexibilities have been extended through April 30, 2021. Per

FHA issued Mortgagee Letter 2021-09, announcing revisions to the Condominium Loan Level/Single-Unit Approval Questionnaire (form HUD-9991) and the Condominium Project Approval Questionnaire (form HUD-9992). Revised

The CFPB issue an interpretive rule clarifying the prohibition against sex discrimination in the Equal Credit Opportunity Act (ECOA). Per the interpretive rule, sex discrimination

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