Maryland passed a bill amending net worth requirements for mortgage lenders, brokers and servicers licensed under the Mortgage Lender Law (MLL). Under the bill, mortgage
Maryland adopted rules reducing the investigation fee required for licensing and the fee for participating in pre-file foreclosure mediation. Under the adopted rules, a mortgage
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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