Utah adopted rules amending the Utah Residential Mortgage Practices and Licensing Act (URMPLA). Under the adopted rules, a mortgage entity licensed under the URMPLA must
Utah passed a bill revising the Reverse Mortgage Act. Under the bill, the minimum borrower age requirement and the timing requirement with respect to borrower
Utah passed Senate Bill 193 exempting “financial institutions” from the requirements of the Protection of Personal Information Act (Act). The Act imposes disclosure and notification
VA increased the maximum allowable liquidation appraisal fee in Alaska, Idaho, Utah and Wyoming. These changes are reflected on the VALERI Fee Cost Schedule. The
Utah passed a bill clarifying the timing requirement under the Utah Residential Mortgage Practices and Licensing Act for submitting a quarterly report of condition. Under
Utah passed a bill enacting protections for tenants of rental property in foreclosure. Under the bill, a purchaser of residential rental property at a foreclosure
Utah passed a bill requiring mortgage lenders licensed under the Utah Residential Mortgage Practices and Licensing Act (URMPLA) to file a Residential First Mortgage Notification
Utah passed a bill enacting the Uniform Power of Attorney Act. The Uniform Power of Attorney Act is modeled upon the Uniform Power of Attorney
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes minor policy changes and technical edits, and incorporates
FHA issued Mortgagee Letter 2025-4, revising requirements for documenting and calculating income received from individuals renting space inside borrower homes (boarder income). Per the Mortgagee
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