New York passed a bill requiring mortgage lenders and other banking organizations offering residential mortgage services to provide a “What Mortgage Applicants Need to Know”
Fannie Mae issued Servicing Guide Announcement SVC-2024-07 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: In addition, FNMA updated the
New York passed a bill enacting flood insurance requirements and restrictions on mortgage lenders and servicers. Under the bill, a mortgage lender or servicer may
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