FHA conditionally extended the foreclosure moratorium for properties located in Puerto Rico and the Virgin Islands affected by Hurricane Maria. To qualify for the conditional
VA issued Circular 26-18-11, announcing that, effective June 1, 2018, winterization fees (where payable) are allowed all year around (previously only permitted between October 1
VA issued Circular 26-18-09, describing measures mortgagees may employ to provide relief to home loan borrowers affected by tornadoes and severe storms in North Carolina.
VA issued Circular 26-18-08 and 26-18-10, describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms, flooding, landslides, volcanic
Wisconsin passed a bill allowing internet-based foreclosure auctions. Under the bill, a county may enact an ordinance requiring mortgage foreclosure sales to be conducted online
Fannie Mae issued Servicing Guide Announcement SVC-2018-03 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated requirements with respect to
Fannie Mae issued Reverse Mortgage Servicing Manual Announcement RVS-2018-01 (Announcement), setting forth updates to the Reverse Mortgage Loan Servicing Manual (Manual). Per the Announcement, servicers
Freddie Mac issued Bulletin 2018-6 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). Per the Bulletin, Freddie Mac: updated requirements related to subsequent transfers
Freddie Mac issued Bulletin 2018-7 (Bulletin), introducing the HomeOne mortgage for first-time homebuyers. The HomeOne mortgage is a conventional mortgage product that offers a 3%
VA issued Circular 26-18-6 (Circular), amending and enhancing policy with respect to loans used for alteration and repair. The intent of the new policy is
Arizona adopted a rule permitting employees (including loan originators) to work at remote locations. Under the adopted rule, a mortgage banker licensed under the Mortgage
FHA issued a temporary partial regulatory waiver waiving the recently increased base flood elevation requirement for certain newly constructed properties. On April 23, 2024 FHA
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
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