Oregon passed a bill repealing the requirement that a lender or servicer submit a Foreclosure Avoidance Measure Notice to the Department of Justice. Under Oregon’s
Texas passed a bill authorizing the online notarization of documents and establishing procedures for the performance of online notarizations. An online notarization is a notarial
Freddie Mac issued Bulletin 2017-7 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide. Building on the collateral representation and warranty relief announced in Bulletin 2017-3,
Fannie Mae issued Selling Guide Announcement SEL-2017-05, setting forth updates to the Selling Guide. Under the updated Selling Guide, Fannie Mae will accept delivery and
Washington passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised Uniform
Colorado passed a bill enacting the Revised Uniform Law on Notarial Acts. The Revised Uniform Law on Notarial Acts is modeled upon the Revised Uniform
VA issued Circular 26-17-14 (Circular), providing clarification with respect to distance and proximity requirements for comparable sale properties used in VA appraisals. VA does not
Freddie Mac issued Bulletin 2017-7 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide. Under the Bulletin, Freddie Mac expands the mortgage types eligible for collateral
FHA issued updated HUD-owned Real Estate Sales Contract and Addendum Forms. The updated forms support FHA’s Claims and Disposition policy located in Section IV.B.2 of
RHS revised chapters 12, 17, 18 and Appendix 5 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates to chapter 12
Fannie Mae issued Lender Letter LL-2025-01, updating the time frames within which routine foreclosure proceedings must be completed in 22 jurisdictions. Per the Lender Letter,
Fannie Mae issued Servicing Guide Announcement SVC-2025-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified how to calculate the
FHA issued Mortgagee Letter (ML) 2025-10 extending the foreclosure moratorium for properties located in Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia affected by
