Freddie Mac postponed the mandatory use date for the revised Uniform Underwriting and Transmittal Summary (Form 1077). Mandatory use of the revised Form was scheduled to begin on February 1, 2020. Freddie Mac and Fannie Mae are discussing additional changes to the Form, and will provide more information related to the new implementation date as soon as it is available.
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