Utah Revises Reverse Mortgage Act
Utah passed a bill revising the Reverse Mortgage Act. Under the bill, the minimum borrower age requirement and the timing requirement with respect to borrower
Utah passed a bill revising the Reverse Mortgage Act. Under the bill, the minimum borrower age requirement and the timing requirement with respect to borrower
The North Carolina Commissioner of Banks (Commissioner) readopted and amended rules under the Secure and Fair Enforcement Mortgage Licensing Act and the Reverse Mortgage Act.
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
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.