Ohio passed a bill establishing the D.O.L.L.A.R. deed program (Program). The Program provides borrowers in default the opportunity to stay in their home following a
Ohio passed a bill amending the state’s foreclosure procedures. Under the bill, a foreclosing lender or servicer may elect to have foreclosed property sold by
South Carolina passed a bill clarifying the location of the boundary between North Carolina and South Carolina and enacting additional foreclosure notice requirements for properties
Massachusetts adopted rules amending the Mortgage Lender and Broker Laws (MLBL). Under the adopted rules: the exemption status for subsidiaries and affiliates of depository institutions
Texas adopted rules amending the Secondary Mortgage Loan Act. The adopted rules: require applicants for a lender or broker license to pay a fee for
Alaska passed a bill amending the state’s power of attorney provisions. The amended provisions are modeled upon the Uniform Power of Attorney Act drafted and
Alaska passed a bill permitting depository institutions to voluntarily register with the Department of Commerce, Community, and Economic Development (Department) for purposes of sponsoring mortgage
New Hampshire passed a bill repealing the Mortgage Servicing Companies Act (MSCA) and repealing and reenacting the Nondepository Mortgage Bankers and Brokers Act (NMBBA). Under
The Maine Bureau of Consumer Credit Protection and the Bureau of Financial Institutions have repealed and readopted a joint rule regulating alternative mortgage transactions. The
Hawaii Amends Secure and Fair Enforcement for Mortgage Licensing Act and Mortgage Servicers Act Hawaii passed a bill amending the Secure and Fair Enforcement for
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
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.
