RHS issued a SFH Guaranteed Origination Notice (Notice) announcing a 2-year extension of the clarification pertaining to loan eligibility for a non-U.S. citizen with a valid Social Security Number and work authorization. On April 29, 2022, RHS issued a Notice clarifying loan eligibility for a non-U.S. citizen with a valid Social Security Number and work authorization. The Notice was effective from May 2, 2022 until May 2, 2023. Per this Notice, RHS has extended the effective date of the original Notice until May 2, 2025.

State Compliance Summary
Tennessee Increases Permissible Interest Rate for Closed-end Loans under Industrial Loan and Thrift Companies Act
Tennessee passed a bill increasing the permissible interest rate for closed-end loans under the Industrial Loan and Thrift Companies Act (ILTCA). Under the bill, the