Connecticut passed a bill extending the sunset date of the Foreclosure Mediation Program (Program) for an additional 4 years. Under the bill, the Program end date is now June 30, 2023 (rather than June 30, 2019).
See Connecticut General Assembly website for the full text of the Statutes:https://www.cga.ct.gov/2019/ACT/pa/pdf/2019PA-00145-R00HB-06996-PA.pdf
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Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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