Nevada passed a bill increasing the amount of the state’s homestead exemption. Under the bill, the homestead exemption was increased to $605,000 (rather than $550,000). The bill becomes effective October 1, 2019.
See Nevada Legislature website for the full text of the Statutes:https://www.leg.state.nv.us/Session/80th2019/Bills/AB/AB481_EN.pdf
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RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice, Default Status Code 10 was
FHA adopted a rule amending housing counseling agency communication methods. Per the rule adoption, participating agencies may provide housing counseling services at a facility or
VA issued Circular 26-24-19, clarifying documentation requirements related to supporting itemized fees and charges to the borrower (or assumer). Per the Circular, reasonable and customary
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