FHA adopted rules transitioning from the London Interbank Offered Rate (LIBOR) index to the Secured Overnight Financing Rate (SOFR) index for FHA-insured ARMs. Per the
New Jersey passed a bill amending escrow analysis requirements and mortgage payment allowances. Under the bill, if at the time an escrow analysis is performed,
Georgia passed a bill imposing Net Worth requirements for mortgage lenders, servicers, and brokers licensed under the Georgia Residential Mortgage Act. Under the bill, mortgage
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice: The updates to Default Status
