Illinois passed a bill permitting foreclosure sales to be held in person, online, or both. Under the bill, a sheriff or other person selected by
California passed a bill amending the state’s foreclosure laws. Under the bill, a person is prohibited from contacting, soliciting, or initiating communication with an owner
Washington passed a bill amending the state’s foreclosure laws. Under the bill, Washington’s foreclosure mediation program was amended to extend the time an attorney or
Maryland adopted rules amending foreclosure procedures for residential property. Under the adopted rules, a Notice of Intent to Foreclose expires and must be reissued in
California passed a bill amending the state’s foreclosure laws. Under the bill, if 1-to 4- family residential property is purchased at a foreclosure sale by
North Carolina passed a bill amending requirements with respect to the postponement of a foreclosure sale. Under the bill, a judicial foreclosure sale may now
Freddie Mac issued Bulletin 2022-8 (Bulletin) announcing temporary guidance related to foreclosure actions and the Homeowner Assistance Fund (HAF). Per the Bulletin, servicers must suspend
Fannie Mae updated Lender Letter LL-2021-02 to announce temporary guidance related to foreclosure actions and the Homeowner Assistance Fund (HAF). Per the updated Lender Letter,
New Jersey passed a bill expanding certification of diligent inquiry requirements in residential mortgage foreclosure actions. Under the bill, an attorney filing a foreclosure complaint
New Jersey passed a bill requiring additional information to be provided with the foreclosure summons and complaint, and the “notice of the pendency of the
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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