Washington Amends Foreclosure Laws
Washington passed a bill amending the state’s foreclosure laws. Under the bill, a process is established that lenders and servicers may use to enter and
Washington passed a bill amending the state’s foreclosure laws. Under the bill, a process is established that lenders and servicers may use to enter and
Arizona passed a bill amending security breach disclosure requirements. Under the bill, persons that own, maintain or license personal information must provide a security breach
Rhode Island passed a bill allowing documents to be electronically recorded pursuant to the Uniform Real Property Electronic Recording Act. The bill becomes effective July
Minnesota passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised Uniform
Rhode Island passed a bill extending the sunset date of the Foreclosure Mediation Program (Program) for an additional 5 years. Under the bill, the sunset
FHA eliminated regulations with respect to the Inspector Roster (Roster). The Roster is a list of inspectors approved by FHA as eligible to determine whether
Freddie Mac issued Bulletin 2018-10 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). Per the Bulletin, Freddie Mac: expanded eligibility for automated collateral evaluation
Mortgage Servicing Quality Control Notable Audit Findings: January – March 2018 In excess of 17,000 mortgage servicing Quality Control reviews were conducted during the first quarter
Vermont passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised Uniform
Iowa passed a bill shortening the redemption period following a foreclosure sale. Under the bill, a lender and borrower may agree (in the mortgage instrument)
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
Fannie Mae revised the West Virginia Security Instrument Form (Form 3049). The revision updates paragraph 1 (pertaining to payment of principal, interest, escrow items, prepayment
Freddie Mac issued Bulletin 2025-4 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac introduced the Freddie Mac Income Calculator, designed
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