The CFPB adopted rules extending the sunset date of the GSE Qualified Mortgage (QM) provisions set forth in the Truth-in-Lending Act. Currently, the GSE QM

The Tennessee Department of Financial Institutions announced the 2020-2021 supervision fee for mortgage lenders, brokers and servicers licensed under the Residential Lending, Brokerage and Servicing

Freddie Mac Extends Temporary Appraisal, Underwriting and Power of Attorney Flexibilities Due to COVID-19. Click here to view the Fannie Mae Lender Letter LL-2020-03: https://www.tenaco.com/wp-content/uploads/2020/10/Fannie-Mae-Lender-Letter-LL-2020-03.pdf

Fannie Mae amended Lender Letters LL-2020-04 to extend temporary appraisal flexibilities due to COVID-19. The temporary flexibilities have been extended through November 30, 2020. Click

Freddie Mac issued Guide Bulletin 2020-40 to extend temporary appraisal, underwriting and power of attorney flexibilities due to COVID-19. The temporary flexibilities have been extended

RHS extended temporary verification of employment and appraisal provisions due to COVID-19. The temporary provisions have been extended through December 31, 2020. Click here to

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

California passed a bill amending the amount of the state’s homestead exemption. Under the bill, the homestead exemption is now the greater of the countywide

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

Freddie Mac issued Bulletin 2020-39: Servicing Updates (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac updated requirements related to: Electronic