New Jersey passed a bill amending delivery requirements with respect to a notice of intention to foreclose mortgage lenders and servicers are required to provide
New Jersey passed a bill amending foreclosure provisions with respect to residential properties (1-to 4-family property used as a primary residence). Under the bill, a
New Jersey passed a bill enacting foreclosed property registration program provisions. Under the bill, a municipality may adopt ordinances to create a property registration program
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
The New Jersey Department of Banking and Insurance issued a bulletin amending the high-cost home loan limit under the Home Ownership Security Act of 2002
New Jersey passed a bill requiring the licensing of mortgage servicers. Under the bill, a person may not act as a mortgage servicer in New
New Jersey passed a bill amending breach of security disclosure requirements. Under the bill, New Jersey’s breach of security disclosure requirements now apply in the
New Jersey passed a bill amending “notice of intention to foreclose” (Notice) requirements. Under the bill, if a mortgage is secured by a residence for
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
New Jersey passed a bill amending timing and content requirements with respect to the “notice of intention to foreclose” (Notice). Under the bill, a foreclosing
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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