Rhode Island passed a bill making residential mortgage fraud a crime. Under the bill, a person found guilty of residential mortgage fraud is subject to up to 20 years imprisonment and/or a $100,000 fine. The bill went into effect July 7, 2017.
See State of Rhode Island General Assembly website for the full text of the Statutes
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Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
Fannie Mae revised the West Virginia Security Instrument Form (Form 3049). The revision updates paragraph 1 (pertaining to payment of principal, interest, escrow items, prepayment
Freddie Mac issued Bulletin 2025-4 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac introduced the Freddie Mac Income Calculator, designed
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