Ohio Authorizes Online Notarizations
Ohio passed a bill authorizing the online notarization of documents. Under the bill, an online notarization is defined as a notarial act performed by means
Ohio passed a bill authorizing the online notarization of documents. Under the bill, an online notarization is defined as a notarial act performed by means
Montana passed a bill enacting net worth requirements for mortgage lenders and servicers licensed under the Mortgage Act (Act). Under the bill, mortgage lenders must
Maryland passed a bill amending net worth requirements for mortgage lenders, brokers and servicers licensed under the Mortgage Lender Law (MLL). Under the bill, mortgage
New Jersey passed a bill requiring the licensing of mortgage servicers. Under the bill, a person may not act as a mortgage servicer in New
North Carolina passed a bill increasing the fee that may be imposed for a dishonored check. Under the bill, a lender may now charge up
Nevada passed a bill amending the content of the Notice to Tenants of the Property (Notice). The bill removes previously required language from the Notice
New Jersey passed a bill amending breach of security disclosure requirements. Under the bill, New Jersey’s breach of security disclosure requirements now apply in the
New Jersey passed a bill amending “notice of intention to foreclose” (Notice) requirements. Under the bill, if a mortgage is secured by a residence for
The Washington Department of Financial Institutions (Department) issued a Department Letter temporarily waiving examination and assessment fees under the Consumer Loan Act. Per the Department
Washington Department of Financial Institutions Temporarily Reduces Mortgage Loan Originator License Renewal Fee under Mortgage Broker Practices Act The Washington Department of Financial Institutions issued
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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