Freddie Mac announced updates to the Massachusetts Housing Finance Agency’s (MHFA) Mortgage Insurance Fund forms. On or after October 1, 2016, lender’s selling mortgages with insurance coverage provided by the MHFA’s Mortgage Insurance Fund must ensure that the policy is under the updated and approved Loan Loss Reserve Agreement, related endorsements and other forms.

FHA
FHA Waives Early Payment Default Review Requirements for Properties Impacted by California Wildfires
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early