Georgia adopted rules amending the Residential Mortgage Act (RMA). The rule adoption amended the RMA with respect to initial and renewal fee requirements, recordkeeping requirements,
Georgia adopted rules amending certain mortgage servicer standards for mortgage servicers licensed under the Residential Mortgage Act. Under the adopted rules, the mortgage servicer standards
Georgia passed a bill increasing the required surety bond amount for mortgage lenders and brokers licensed under the Residential Mortgage Act. Under the bill, the
In November of 2015, Georgia adopted rules aligning disclosure requirements under the RMA with the disclosure requirements under the new TILA-RESPA Integrated Disclosure rule. This
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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