Oklahoma passed a bill amending the Secure and Fair Enforcement for Mortgage Licensing Act (SFEMLA). Under the bill, a mortgage lender, broker, and servicer renewing
Maine adopted rules increasing the initial licensing and renewal fees for mortgage loan originators licensed under the Secure and Fair Enforcement for Mortgage Licensing Act.
Rhode Island passed a bill amending the General Laws Licensed Activities Act (GLLAA) and the Secure and Fair Enforcement Mortgage Licensing Act (SFEMLA). The bill
Hawaii passed a bill repealing mortgage loan recovery fund fees paid by mortgage loan originator companies under the Secure and Fair Enforcement for Mortgage Licensing
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
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