Freddie Mac Issued Bulletin 2016-17 (Bulletin). The Bulletin: updates Freddie Mac’s State foreclosure timelines; updates reimbursement requirements for attorney fees and costs when a nonjudicial foreclosure is restarted; updates closing, reporting and remittance requirements with respect to deeds-in-lieu of foreclosure; sets forth Freddie Mac Servicer Success Scorecard changes, including revisions to default management and investor reporting metrics, and ranking methodology for the default management category; and sets forth additional updates and revisions in the “Additional Guide Updates and Reminders” section.

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