VA extended the 90-day foreclosure moratorium for loans affected by Hurricanes Harvey, Irma and Maria. The initial 90-day foreclosure moratoriums have been extended to 180-days
VA issued Circular 26-17-32, describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms in Wisconsin. The measures include:
Fannie Mae issued frequently asked questions (FAQ) and corresponding answers regarding policies and assistance for borrowers impacted by a hurricane. The FAQ provides answers to
VA issued Circular 26-17-30, describing measures mortgagees may employ to provide relief to home loan borrowers affected by Hurricane Nate. The measures include: the forbearance
VA issued Circular 26-17-31, describing measures mortgagees may employ to provide relief to home loan borrowers affected by the California wildfires. The measures include: the
Illinois amended rules under the Residential Mortgage Licensing Act (RMLA). Under the amended rules, mortgage lenders, brokers, servicers and purchasers must now file and maintain
Freddie Mac issued Guide Bulletin 2017-22 (Bulletin), setting forth servicing updates to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac (jointly with Fannie Mae
Fannie Mae issued Servicing Guide Announcement SVC-2017-09 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae removed duplicative content from several
Fannie Mae issued Lender Letter LL-2017-08, introducing a new imminent default evaluation process for conventional mortgage loan modifications. Developed jointly with Freddie Mac (at the
Maryland passed a bill amending “notice of sale” requirements under the nonjudicial foreclosure process. Under the bill, a “notice of sale” provided in connection with
FHA issued Title I Letter (TIL) TIL-489, adopting the Uniform Residential Loan Application (URLA) for the Title I loan programs. Per the TIL, FHA replaced
FHA issued Mortgagee Letter 2025-01, updating Defect Taxonomy to include Servicing Loan Reviews. Per the Mortgagee Letter (ML), FHA updated the Single Family Housing Policy
RHS adopted rules amending manufactured housing provisions under the Single Family Housing Guaranteed Loan Program. The adopted rules: The final rule is effective March 4,
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