Freddie Mac issued Bulletin 2017-6 (Bulletin), announcing updates to Freddie Mac’s servicing requirements. The Bulletin announces servicing updates in response to the CFPB’s recent amendments
Michigan passed a bill repealing the Borrower Bill of Rights and the Consumer Caution and Home Ownership Counseling Notice. Under the bill, a lender is
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes minor policy changes and technical edits, and incorporates
FHA issued Mortgagee Letter 2025-4, revising requirements for documenting and calculating income received from individuals renting space inside borrower homes (boarder income). Per the Mortgagee
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