Fannie Mae and Freddie Mac published a revised implementation timeline for the redesigned Uniform Residential Loan Application (URLA) and updated automatic underwriting systems (AUS). The

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

Idaho passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is defined as a notarial act

Oklahoma passed a bill authorizing remote online notarizations and establishing requirements for the performance of remote online notarizations. A remote online notarization is a notarial

Florida passed a bill authorizing online notarizations and establishing requirements for the performance of online notarizations. An online notarization is a notarial act performed in

Fannie Mae issued Servicing Guide Announcement SVC-2019-08: Servicing Guide Updates (Announcement), announcing revisions to the Single-Family Servicing Guide. Per the Announcement, Fannie Mae introduced a

Fannie Mae issued Selling Guide Announcement SEL-2019-09 (Announcement). Per the Announcement, Fannie Mae updated the Selling Guide to include changes to the following: Monthly real

Freddie Mac issued Bulletin 2019-25 (Bulletin) announcing revisions to the Single-Family/Servicer Guide. Per the Bulletin, Freddie Mac updated requirements related to the following: GreenChoice Mortgages;

FHA announced the forward mortgage loan limits for 2020. The 2020 “floor” and “ceiling” loan limits for a one-unit property are increased to $331,760 and

FHA increased the home equity conversion mortgage (HECM) limits for 2020. The maximum claim amount for FHA-insured HECMs in 2020 will be $765,600 (an increase