HUD issued Mortgagee Letter 2016-07. This Mortgagee Letter provides mortgagees with an optional extension to submitting a Due and Payable request where borrowers are behind on the payment of their property taxes and/or hazard insurance premium. This Mortgagee Letter also permits mortgagees to review, for permissive loss mitigation, HECM borrowers that were in foreclosure prior to the issuance of Mortgagee Letter 2015-11.
Fannie Mae
Fannie Mae Issues Servicing Guide Announcement SVC-2025-01
Fannie Mae issued Servicing Guide Announcement SVC-2025-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae introduced new cybersecurity requirements for
February 17, 2025
