Fannie Mae issued Servicing Guide Announcement SVC-2023-03 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: In addition, Fannie Mae updated
Fannie Mae issued Selling Guide Announcement SEL-2023-04 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: In addition, Fannie Mae updated
Fannie Mae issued Servicing Guide Announcement SVC-2023-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: Revisions related to the reporting
Fannie Mae issued Selling Guide Announcement SEL-2023-03 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to the reporting
Fannie Mae issued Lender Letter LL-2023-04, updating Fannie Mae’s payment deferral requirements. Per the Lender Letter, Fannie Mae replaced all payment deferral requirements reflected in
Fannie Mae issued Lender Letter LL-2023-03 (formerly numbered LL-2021-02) to remove COVID-19 related property inspection and preservation policies. Per the Lender Letter, the policies were
Fannie Mae issued Lender Letter LL-2023-02, permitting shared equity loans subject to private transfer fee covenants. Per the Lender Letter, shared equity loans secured by
Fannie Mae reissued Servicing Notice: Legacy Libor Replacement Index (Notice) to notify servicers of a correction to the original publication (published on January 25, 2023).
Fannie Mae issued Servicing Guide Announcement SVC-2023-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: The revisions went into effect
Fannie Mae issued Selling Guide Announcement SEL-2023-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to valuation modernization,
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early
Tennessee passed a bill increasing the permissible interest rate for closed-end loans under the Industrial Loan and Thrift Companies Act (ILTCA). Under the bill, the
Utah passed a bill amending the Residential Mortgage Practices and Licensing Act (RMPLA) with respect to the use of prescreened trigger lead information. Under the
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