
Idaho Amends Residential Mortgage Practices Act
Idaho passed a bill amending the Residential Mortgage Practices Act (RMPA). Under the bill, a mortgage lender, broker, loan officer, or servicer licensed under the
Idaho passed a bill amending the Residential Mortgage Practices Act (RMPA). Under the bill, a mortgage lender, broker, loan officer, or servicer licensed under the
Idaho passed a bill requiring junior lienholder’s to provide a “notice of liability” to borrower’s in default, in the event the senior mortgage is foreclosed
VA issued Circulars 26-17-22, 26-17-24 and 26-17-25, describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms and flooding
VA increased the maximum allowable liquidation appraisal fee in Alaska, Idaho, Utah and Wyoming. These changes are reflected on the VALERI Fee Cost Schedule. The
Idaho passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised Uniform
Idaho adopted rules amending disclosure requirements under the Residential Mortgage Practices Act (RMPA). The adopted rules eliminate disclosure requirements duplicative to federal law. The following
FHA issued Mortgagee Letter (ML) 2025-09 and Title I Letter (TIL) TIL-490 removing loan eligibility for non-permanent residents. Per the ML and TIL, FHA eliminated
RHS issued a SFH Guaranteed Origination Notice (Notice) terminating the temporary loan eligibility for non-U.S. citizens with valid social security numbers and employment authorization documents.
FHA issued Mortgagee Letter 2025-08 rescinding the policy guidance announced in Mortgagee Letters 2021-27, 2024-07 and 2024-16. Mortgagee Letter 2021-27 pertained to appraisal fair housing
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