
Colorado Allows Mortgage Business at Remote Locations
Colorado passed a bill allowing allow mortgage business at remote locations. Under the bill, supervised lenders licensed under the Uniform Consumer Credit Code may conduct
Colorado passed a bill allowing allow mortgage business at remote locations. Under the bill, supervised lenders licensed under the Uniform Consumer Credit Code may conduct
Fannie Mae issued Servicing Guide Announcement SVC-2022-04 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: transitioned the process for ordering
Freddie Mac issued Bulletin 2022-12 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: added a requirement for servicers to review
Vermont passed a bill permanently authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is defined as a notarial
Maryland passed a bill amending breach of security requirements. Under the bill, a business that maintains but does not own or license personal information must
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing new default status reason codes for electronic status reporting. Per the Notice, RHS added 12 new
Connecticut passed a bill imposing net worth requirements for large mortgage servicers. Under the bill, mortgage servicers that service (or subservice) at least 2,000 mortgage
New York passed a bill prohibiting discrimination against victims of domestic violence. Under the bill, a lender may not discriminate against an applicant or borrower
Georgia passed a bill mandating the information that must be included on the first page of a security deed. Under the bill, a security deed
Fannie Mae issued Servicing Guide Announcement SVC-2022-03 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: Eliminated the requirement to provide
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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