Massachusetts passed a bill authorizing remote online notarizations and establishing requirements for the performance of remote online notarizations. A remote online notarization is a notarial
Massachusetts passed a bill amending security breach disclosure requirements. Under the bill, persons that own or license personal information about Massachusetts residents must offer credit
Massachusetts adopted rules amending requirements with respect to the loan modification process for loans qualifying as “certain mortgage loans.” The adopted rules: remove all references
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 Selling Guide Announcement SEL-2016-08 (Announcement). The Announcement: introduces a new optional DU validation service for income; permits the waiver of appraisal requirements
Massachusetts adopted rules amending the Mortgage Lender and Broker Laws (MLBL). Under the adopted rules: the exemption status for subsidiaries and affiliates of depository institutions
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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