Mortgage Servicing Quality Control Notable Audit Findings: July – September 2017 Over 20,000 mortgage servicing Quality Control audit findings involving of over 1,700 separate and unique
VA issued Circular 26-17-42, describing measures mortgagees may employ to provide relief to home loan borrowers affected by the California wildfires. The measures include: the
Freddie Mac issued Bulletin 2017-25 (Bulletin), introducing the Freddie Mac Extend Modification for Disaster Relief (Extend Modification). The Extend Modification is similar to the existing
Fannie Mae issued Lender Letter LL-2017-09, introducing the Fannie Mae Extend Modification for Disaster Relief (Extend Mod). The Extend Mod is a temporary post-disaster forbearance
Mortgage Servicing Quality Control Notable Audit Findings: April – June 2017 Over 20,000 mortgage servicing Quality Control audit findings involving of over 1,800 separate and
Fannie Mae issued Servicing Guide Announcement SVC-2017-03, setting forth updates to the Servicing Guide. As outlined in the Announcement, the Servicing Guide has been updated
Over 25,000 mortgage servicing QC audit findings consisting of 1,500 separate and unique audit exceptions were cited during the fourth quarter of 2016. That data
To identify frequently occurring mortgage servicing quality control audit findings, TENA analyzed over 29,000 findings identified in thousands of QC audits it completed during the
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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