California Amends Foreclosure Laws
October 3, 2022
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 Enacts Revised Uniform Law on Notarial Acts
September 30, 2022
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
District of Columbia Authorizes Remote Online Notarizations
September 30, 2022
The District of Columbia passed a bill authorizing remote online notarizations and establishing requirements for the performance of remote online notarizations. A remote online notarization
Oregon Allows Licensed Mortgage Loan Originators and Employees to Work at Home
September 26, 2022
Oregon adopted a rule allowing licensed mortgage loan originators and employees to work at home. Under the rule adoption, a mortgage banker or mortgage broker
FHA Pauses Completion and Integration of FHA Catalyst: Electronic Appraisal Delivery Module
September 20, 2022
FHA issued FHA Info #2022-81 pausing the completion and integration for the FHA Catalyst: Electronic Appraisal Delivery (EAD) module. Per the update, FHA is pausing
VA Updates WebLGY Request Single Property Appraisal User Interface
September 20, 2022
VA issued Circular 26-22-15 (Circular), announcing an update to the WebLGY Request Single Property Appraisal user interface (UI). Per the Circular, the UI was updated
Freddie Mac Issues Bulletin 2022-18: Selling Updates
September 12, 2022
Freddie Mac issued Bulletin 2022-18 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Announced that lenders may publish pool data
FHA Updates Home Equity Conversion Mortgage Program Requirement for Notice of Due and Payable Status
September 1, 2022
FHA issued Mortgagee Letter 2022-15, updating a Home Equity Conversion Mortgage (HECM) program requirement for Notice of Due and Payable status. Per the Mortgagee Letter,
Montana Repeals Increased License Renewal Fees under the Montana Mortgage Act
September 1, 2022
Montana adopted rules repealing the previously adopted increased license renewal fees under the Montana Mortgage Act (MMA). In September of 2021, Montana adopted rules increasing
California Allows Employees to Work at Remote Locations
September 1, 2022
California passed a bill allowing employees to work at remote locations. Under the bill, finance lenders and brokers licensed under the California Financing Law may
