California passed a bill amending several of the state’s foreclosure laws under the nonjudicial foreclosure process. Under the bill, a foreclosure sale must be postponed
North Carolina passed a bill amending requirements regarding postponement of nonjudicial foreclosure sale. Under the bill, if a nonjudicial foreclosure sale is postponed, the foreclosing
Virginia passed a bill amending Notice of Sale requirements under the nonjudicial foreclosure process. Under the bill, if a lender or servicer has received notification
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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