Fannie Mae issued Lender Letter LL-2022-01: Loan-Level Price Adjustments (LLPAs). The LLPAs apply to second homes and high balance mortgage loans. In addition, Fannie Mae
Fannie Mae issued Selling Guide Announcement SEL-2021-11 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: modified the definition of principal
Fannie Mae issued Servicing Guide Announcement SVC-2021-08 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae consolidated property insurance requirements applicable
Fannie Mae issued Lender Letter LL-2021-16 and Freddie Mac issued Bulletin 2021-36 (Bulletin) increasing the maximum conforming loan limits for mortgages acquired by Fannie Mae
Fannie Mae issued Servicing Guide Announcement SVC-2021-08 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated the required initial delinquency
Fannie Mae issued an update to Lender Letter LL-2021-07, requiring servicers to perform an escrow analysis when evaluating eligibility for a COVID-19 payment deferral or
Fannie Mae revised instructions to the MERS Rider (Form 3158) and to the Montana, Oregon, and Washington Security Instruments (Form 3027, Form 3038, and Form
Fannie Mae issued Servicing Guide Announcement SVC-2019-06, updating maximum allowable foreclosure and bankruptcy attorney fees. Per the Announcement, Fannie Mae updated the maximum allowable foreclosure
Fannie Mae issued Selling Guide Announcement SEL-2019-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae now allows lenders to use
Fannie Mae and Freddie Mac, at the direction of the Federal Housing Finance Agency (FHFA), postponed the mandatory use date for the redesigned Uniform Residential
Fannie Mae issued Servicing Guide Announcement SVC-2025-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae introduced new cybersecurity requirements for
Freddie Mac issued Bulletin 2025-2 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to the portfolio reconciliation requirement
New York passed a bill amending recently enacted flood insurance requirements and restrictions for mortgage lenders and servicers. In December, 2024, New York passed a
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