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.

State Compliance Summary
Iowa Enacts Provisions with Respect to Mortgage Trigger Leads
Iowa passed a bill enacting provisions with respect to mortgage trigger leads. Under the bill, a financial institution may not use an unfair or deceptive