RHS amended chapters 3, 10, 12, 17, 18, and 19 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). The chapters were amended to implement
FHA extended the temporary partial waivers issued for Mortgagee Letter 2015-11 and Mortgagee Letter 2016-07. The temporary partial waiver for Mortgagee Letter 2015-11 allows mortgagees
FHA issued FHA Mortgagee Letter 2022-19 rescinding the mandatory use date for the FHA Catalyst: Electronic Appraisal Delivery (EAD) module. Per the Mortgagee Letter, FHA
FHA adopted a rule permitting private flood insurance for FHA-insured mortgages. Per the rule adoption, FHA will now allow borrowers the option to purchase a
Pennsylvania passed a bill amending breach of security requirements. The bill provides an alternate method of providing notice of a breach of security in the
Fannie Mae issued Servicing Guide Announcement SVC-2022-07 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: Increased property valuation fees for
Freddie Mac issued Bulletin 2022-21 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: expanded capabilities for processing Payment Deferral and
RHS revised chapter 4 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates make minor grammatical and formatting changes, correct discrepancies
California passed a bill amending the state’s foreclosure laws. Under the bill, if 1-to 4- family residential property is purchased at a foreclosure sale by
Delaware passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised Uniform
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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