Ohio adopted rules repealing and amending provisions under the Residential Mortgage Lending Act. The adopted rules repealed obsolete provisions related to the mortgage loan origination
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),
New Jersey passed a bill amending the Residential Mortgage Lending Act (RMLA). The bill: adds several definitions to the RMLA; permits depository institutions to register
Ohio passed a bill consolidating all residential mortgage loan licensing under the Residential Mortgage Lending Act. Ohio previously regulated the residential mortgage industry under Chapter
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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