Fannie Mae updated Lender Letter LL-2021-07 to update escrow analysis requirements. Per the updated Lender Letter, Fannie Mae clarified that servicers must spread any escrow
Fannie Mae issued Servicing Guide Announcement SVC-2022-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to the
Fannie Mae issued Selling Guide Announcement SEL-2022-03 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: updated title insurance requirements to
Fannie Mae updated Lender Letter LL-2021-02 to announce temporary guidance related to foreclosure actions and the Homeowner Assistance Fund (HAF). Per the updated Lender Letter,
Fannie Mae updated Lender Letter LL-2021-10 to remove the minimum representative credit score requirement for a RefiNow Mortgage. Per the updated Lender Letter, Fannie Mae
Fannie Mae issued Selling Guide Announcement SEL-2022-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Updated requirements with respect to
Fannie Mae issued an update to Lender Letter LL-2021-03 to retire temporary COVID-19 related requirements for borrowers with self-employment income, provided the most recent federal
Fannie Mae revised the Georgia Security Deed Form (Form 3011). The revision to the Georgia Security Deed removes the “Waiver of Borrower’s Rights and Closing
Fannie Mae issued Selling Guide Announcement SEL-2022-01 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae now allows desktop appraisals for
Fannie Mae issued Servicing Guide Announcement SVC-2022-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: Revised Fannie Mae Short Sale
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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