FHA issued a waiver regarding the timeframe for completing damage inspections the Butte, Nevada, Orange and Yuba counties in California. FHA currently requires that all
California passed a bill enacting foreclosure provisions with respect to successors in interest. Under the bill, if a person claiming to be a successor in
To identify frequently occurring mortgage servicing quality control audit findings, TENA analyzed over 29,000 findings identified in thousands of QC audits it completed during the
VA increased the maximum allowable liquidation appraisal fee in 17 states. The appraisal fees increased for the following states: Arizona; California; Connecticut; Delaware; Indiana; Maine;
Fannie Mae issued Servicing Guide Announcement SVC-2016-10 (Announcement). The Announcement: updates deadlines for submitting expense reimbursement requests; establishes additional property preservation repair descriptions and expense
Fannie Mae issued Servicing Guide Announcement SVC-2016-04 (Announcement). This Announcement: establishes new proration requirements for allowable foreclosure fees in the event a foreclosure is interrupted
Fannie Mae issued Servicing Guide Announcement SVC-2016-03 (Announcement). This Announcement: eliminates the special servicer approval requirement with respect to Texas Section 50(a)(6) mortgage loans; allows
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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