Connecticut Delays Effective Date of Uniform Power of Attorney Act
June 2, 2016
Connecticut passed a bill delaying the effective date of the Uniform Power of Attorney Act (UPAA). Under the bill, the effective date of the UPAA
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Fannie Mae Issues Selling Guide Announcement SEL-2016-04
June 2, 2016
Fannie Mae issued Selling Guide Announcement SEL-2016-04 (Announcement). This Announcement updates the Selling Guide with respect to: modifications of single-closing conversion of construction-to permanent loans;
MHA Issues Supplemental Directive 16-04
June 2, 2016
MHA issued Supplemental Directive 16-04 (Supplemental Directive). This Supplemental Directive announces the availability of version 5.1 of the Making Home Affordable Program Handbook for Servicers
Freddie Mac issues Bulletin 2016-09
May 24, 2016
Freddie Mac issued Bulletin 2016-09 (Bulletin). This Bulletin: grants servicers the option to use, without charge, the services of a HUD-approved nonprofit national counseling agency
VA Issues Circular 26-16-14
May 23, 2016
VA issued Circular 26-16-14 (Circular). This Circular clarifies the documents required to provide clear and marketable title for properties conveyed to the Department of
RHS Amends Single Family Housing Guaranteed Loan Program Rules
May 23, 2016
RHS adopted rules amending the Single Family Housing Guaranteed Loan Program (SFHGLP). This rule adoption amends the SFHGLP with respect to liquidation value appraisals. Currently,
TENA’s Analysis of Audit Findings
May 17, 2016
To identify frequently occurring mortgage Quality Control audit exceptions, TENA analyzed the findings from thousands of QC audits it completed during the first quarter of
Fannie Mae Issues Servicing Guide Announcement SVC-2016-04
May 13, 2016
Fannie Mae issued Servicing Guide Announcement SVC-2016-04 (Announcement). This Announcement: establishes new proration requirements for allowable foreclosure fees in the event a foreclosure is interrupted
Idaho Amends Disclosure Requirements under Residential Mortgage Practices Act
May 9, 2016
Idaho adopted rules amending disclosure requirements under the Residential Mortgage Practices Act (RMPA). The adopted rules eliminate disclosure requirements duplicative to federal law. The following
Wisconsin Amends Foreclosure Redemption Period for 1-to 4- Family Owner Occupied Residences
May 9, 2016
Wisconsin passed a bill amending the foreclosure redemption period with respect to 1- to 4- family owner occupied residences. Under the bill, the foreclosure redemption
