FHA issued Mortgagee Letter 2021-29 to announce the home equity conversion mortgage (HECM) limits for 2022. The maximum claim amount for FHA-insured HECMs in 2022
Fannie Mae issued Lender Letter LL-2021-16 and Freddie Mac issued Bulletin 2021-36 (Bulletin) increasing the maximum conforming loan limits for mortgages acquired by Fannie Mae
VA issued a Servicer Newsflash amending the maximum allowable appraisal fees and foreclosure attorney fees for mortgage servicers. Per the Newsflash, the new maximum allowable
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing temporary guidance for the 12-month forbearance limit for borrowers who are impacted by Hurricane Ida (or
Fannie Mae issued Servicing Guide Announcement SVC-2021-08 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated the required initial delinquency
Fannie Mae issued an update to Lender Letter LL-2021-07, requiring servicers to perform an escrow analysis when evaluating eligibility for a COVID-19 payment deferral or
FHA issued Mortgagee Letter 2021-27, updating and clarifying appraisal requirements regarding compliance with Fair Housing laws. Per the Mortgagee Letter FHA: updated Section I.B.1.d.i (Appraisers
Freddie Mac issued Bulletin 2021-35 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac now requires servicers to perform an escrow
FHA issued FHA Info #21-97, announcing the publication of the new Title I Property Improvement, and Manufactured Home Loan Programs sections of the Single Family
New York passed a bill requiring lenders and servicers to designate a single point of contact for borrowers pursuing a loan modification or other foreclosure
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
