RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing new default status codes for electronic status reporting. Per the Notice, RHS added status codes servicers
Fannie Mae issued Servicing Guide Announcement SVC-2022-06 (Announcement), updating fair lending data requirements. Per the Announcement, Fannie Mae added a requirement for servicers to maintain
Freddie Mac issued Bulletin 2022-17 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac added a requirement for servicers to maintain
Freddie Mac issued Bulletin 2022-16 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: announced that properties with age-based resale restrictions
VA issued Circular 26-22-13 permitting the use of an exterior-only or desktop appraisal for purchase transactions. Per the Circular, a lender may use an exterior-only
Georgia adopted rules amending the Residential Mortgage Act (RMA). The rule adoption amended the RMA with respect to initial and renewal fee requirements, recordkeeping requirements,
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
Rhode Island passed a bill authorizing the remote notarization of documents. Under the bill, a remote notarization is defined as a notarial act performed by
North Carolina passed a bill amending requirements with respect to the postponement of a foreclosure sale. Under the bill, a judicial foreclosure sale may now
Rhode Island passed a bill enacting lender-placed insurance provisions. The bill enacts lender-placed insurance provisions with respect to the term of the insurance policy, the
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
Fannie Mae revised the West Virginia Security Instrument Form (Form 3049). The revision updates paragraph 1 (pertaining to payment of principal, interest, escrow items, prepayment
Freddie Mac issued Bulletin 2025-4 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac introduced the Freddie Mac Income Calculator, designed
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