Freddie Mac issued Bulletin 2018-6 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). Per the Bulletin, Freddie Mac: updated requirements related to subsequent transfers
Freddie Mac issued Bulletin 2018-7 (Bulletin), introducing the HomeOne mortgage for first-time homebuyers. The HomeOne mortgage is a conventional mortgage product that offers a 3%
Freddie Mac extended the foreclosure moratorium for properties in Puerto Rico and the Virgin Islands affected by Hurricanes Irma or Maria. The foreclosure moratorium is
Freddie Mac extended the effective date for the revised rental income qualification requirements announced in Single-Family Seller/Servicer Guide Bulletin 2017-12. The effective date of the
Freddie Mac issued Bulletin 2017-28 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). Pursuant to the Bulletin: lenders are relieved of certain selling representations
Freddie Mac issued Guide Bulletin 2017-27 (Bulletin), setting forth servicing updates to the Single-Family Seller/Servicer Guide. In a previous Bulletin (Bulletin 2017-22), Freddie Mac announced
Freddie Mac issued Bulletin 2017-29 (Bulletin), extending the suspension of foreclosure sales involving properties in Puerto Rico and the U.S. Virgin Islands that were impacted
VA issued Circular 26-17-39 (Circular), introducing a new Disaster Loan Modification option. VA introduced the Disaster Loan Modification (DLM) program in 2016, allowing servicers to
Fannie Mae and Freddie Mac increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2018. The 2018 maximum
Freddie Mac issued Bulletin 2017-25 (Bulletin), introducing the Freddie Mac Extend Modification for Disaster Relief (Extend Modification). The Extend Modification is similar to the existing
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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