FHA issued Mortgagee Letter 2022-08, adding an exclusive sales period for owner-occupants, HUD-approved nonprofits, and governmental entities in the claims without conveyance of title (CWCOT)
Fannie Mae updated Lender Letter LL-2021-02 to increase the expense reimbursement limit by $5 for interior and exterior property inspections. The interior property inspection maximum
Fannie Mae updated Lender Letter LL-2021-07 to update escrow analysis requirements. Per the updated Lender Letter, Fannie Mae clarified that servicers must spread any escrow
FHA issued Mortgagee Letter 2022-07, adding a 40-year loan modification with partial claim as a COVID-19 Recovery Loss Mitigation Option (COVID-19 Recovery Option). Per the
Maine 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-2022-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to the
Kentucky passed a bill allowing employees to work at alternate work locations. Under the bill, a mortgage loan company or loan broker licensed under the
Kansas passed a bill allowing mortgage business at remote locations. Under the bill, a mortgage company licensed under the Mortgage Business Act (MBA) may conduct
Tennessee passed a bill allowing employees to work at remote locations. Under the bill, a mortgage lender, broker or servicer licensed under the Residential Lending,
Freddie Mac issued Bulletin 2022-9 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: clarified temporary guidance on mortgage assistance through
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
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.
