Iowa passed a bill authorizing employees to work at remote locations. Under the bill, a mortgage lender, broker, or servicer licensed under the Mortgage Bankers
Illinois passed a bill allowing mortgage loan originators to work from a remote location. Under the bill, a mortgage lender, broker, servicer, or purchaser licensed
Nevada passed a bill authorizing mortgage employees to work at remote locations. Under the bill, a mortgage company licensed under the Mortgage Company and Loan
Florida passed a bill permitting loan originators to work at remote locations. Under the bill, a mortgage lender, broker, or servicer licensed under the Mortgage
Virginia passed a bill allowing employees to work at remote locations. Under the bill, a mortgage lender or broker licensed under the Mortgage Lender and
Washington adopted rules allowing loan originators to work at remote locations. Under the rule, a mortgage lender or broker licensed under the Consumer Loan Act
California passed a bill allowing employees to work at remote locations. Under the bill, finance lenders and brokers licensed under the California Financing Law may
Rhode Island adopted a rule allowing employees to work at remote locations. Under the rule, lenders, brokers, and servicers licensed under the Rhode Island General
Ohio passed a bill allowing mortgage business at remote locations. Under the bill, lender, brokers, and servicers licensed under the Residential Mortgage Lending Act (RMLA),
Colorado passed a bill allowing allow mortgage business at remote locations. Under the bill, supervised lenders licensed under the Uniform Consumer Credit Code may conduct
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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