RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice, Default Status Code 10 was
FHA adopted a rule amending housing counseling agency communication methods. Per the rule adoption, participating agencies may provide housing counseling services at a facility or
Freddie Mac issued Bulletin 2024-G (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to custom modifications functionality in
Fannie Mae issued Servicing Guide Announcement SVC-2024-05 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified servicer responsibilities related to
FHA issued Mortgagee Letter 2024-18, updating debenture interest rates used for the payment of debenture interest for Home Equity Conversion Mortgage (HECM) claims and establishing
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing amendments to chapters 17, 18, and 19 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555).
Pennsylvania passed a bill amending breach of security requirements. Under the bill, entities that maintain, store, or manage personal information (Entities) must provide a security
Delaware passed a bill repealing the sunset date of the Automatic Residential Mortgage Foreclosure Mediation Program (Program). Under the bill, the sunset date of the
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing the adoption of a final rule amending special servicing options for non-performing loans and adjusting the
Freddie Mac issued Bulletin 2024-11 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to accounting cycle policies are
Fannie Mae issued Servicing Guide Announcement SVC-2025-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae introduced new cybersecurity requirements for
Freddie Mac issued Bulletin 2025-2 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to the portfolio reconciliation requirement
New York passed a bill amending recently enacted flood insurance requirements and restrictions for mortgage lenders and servicers. In December, 2024, New York passed a
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