Fannie Mae updated reimbursement criteria for certain servicer expenses related to foreclosure. The updated reimbursement criteria relates to the reimbursement of foreclosure attorney fees, sale publication costs, property inspections, legal sales tax, and non-recoverable advances. In addition, Fannie Mae updated several line items in the LoanSphere Invoicing application. The updates are effective immediately.
CFPB
CFPB Amends Fair Credit Reporting Act with respect to Medical Information
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
January 16, 2025
