Colorado passed a bill amending the renewal deadline date for a supervised lender license under the Uniform Consumer Credit Code. Under the bill, the renewal
Colorado passed a bill amending the due and payable requirements for reverse mortgage loans with respect to a natural disaster or force majeure. Under the
Colorado passed a bill allowing allow mortgage business at remote locations. Under the bill, supervised lenders licensed under the Uniform Consumer Credit Code may conduct
Colorado passed a bill increasing the amount of the state’s homestead exemption. Under the bill, the homestead exemption is increased to $250,000 (rather than $75,000)
VA issued Circular 26-22-01 (Circular), describing measures mortgagees may employ to provide relief to Colorado home loan borrowers affected by wildfires and straight-line winds. The
Colorado passed a bill amending security breach disclosure requirements. Under the bill, covered entities (persons that own, maintain or license personal information) must provide a
Colorado passed a bill amending certain foreclosure provisions with respect to deeds of trust. The bill: modified the procedure for restarting a foreclosure when the
Colorado passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised Uniform
Colorado adopted rules amending requirements under the Mortgage Loan Originator Licensing and Mortgage Company Registration Act (MLOLMCRA). Under the adopted rules, a mortgage loan originator
Colorado passed a bill enacting release of lien requirements with respect to lines of credit. Under the bill, if a line of credit is secured
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
Freddie Mac issued Bulletin 2025-2 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to the portfolio reconciliation requirement
New York passed a bill amending recently enacted flood insurance requirements and restrictions for mortgage lenders and servicers. In December, 2024, New York passed a
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