Indiana Permits Electronic Powers of Attorney
Indiana passed a bill permitting electronic powers of attorney. Under the bill, a principal, or person acting at the principal’s direction, may create a valid
Indiana passed a bill permitting electronic powers of attorney. Under the bill, a principal, or person acting at the principal’s direction, may create a valid
Georgia passed a bill amending the Power of Attorney Act (PAA). Under the bill, persons who witness or who acknowledge (e.g., notary publics) the execution
Tennessee passed a bill authorizing online notarization of documents and establishing procedures for the performance of online notarizations. An online notarization is a notarial act
New York passed a bill repealing certain exemptions for reverse mortgages under the state’s foreclosure laws. Under existing law, reverse mortgage transactions are exempt from
Montana adopted rules reducing license renewal fees under the Montana Mortgage Act (MMA). Under the adopted rules, renewal fees for licenses issued under the MMA
Indiana passed a bill allowing expedited payment service fees under the Uniform Consumer Credit Code. Under the bill, lenders and servicers may charge borrowers a
Maryland passed a bill allowing documents to be electronically recorded pursuant to the Uniform Real Property Electronic Recording Act. The bill becomes effective October 1,
Oregon passed a bill amending security breach disclosure requirements. Under the bill, persons that own, license or otherwise possess personal information must provide a security
Alabama passed a bill enacting the Data Breach Notification Act of 2018 (DBNA). The DBNA imposes requirements on “covered entities” (entities that acquire or use
Iowa passed a bill amending release of lien timing requirements. Under the bill, mortgage lenders and servicers must record a release of lien within 30
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
Fannie Mae revised the West Virginia Security Instrument Form (Form 3049). The revision updates paragraph 1 (pertaining to payment of principal, interest, escrow items, prepayment
Freddie Mac issued Bulletin 2025-4 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac introduced the Freddie Mac Income Calculator, designed
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