Fannie Mae issued Servicing Guide Announcement SVC-2016-02 (Announcement). This Announcement: clarifies requirements with respect to HAMP incentive payments; updates the maximum number of allowable days
Freddie Mac issued Bulletin 2016-5 (Bulletin). This Bulletin: permits a mortgage subject to an indemnification agreement to be eligible for a mortgage modification; revises state
Wyoming passed a bill allowing documents to be electronically recorded pursuant to the Uniform Real Property Electronic Recording Act. The bill becomes effective January 1,
VA issued Circular 26-16-08 (Circular). This Circular provides guidance on the Department of Veterans Affairs’ minimum property requirements as a result of the emergency declaration
Fannie Mae issued Selling Guide Announcement SEL-2016-02 (Announcement). This Announcement: eliminates the continuity of obligation policy; clarifies lender obligations for reporting a breach of a
FHA issued Mortgagee Letter 2016-05 providing additional guidance related to Mortgagee Optional Election (MOE) assignments. This Mortgagee Letter provides mortgagees with instructions on requesting an
Fannie Mae issued Servicing Guide Announcement SVC-2016-01 (Announcement). This Announcement: updates Form 629 (Request for Approval of Servicing or Subservicing Transfer); removes the Desktop Originator
RHS adopted a final rule amending the Single Family Housing Guaranteed Loan Program (SFHGLP). The final rule follows publication of the December 9, 2013, interim
FHA issued a mortgagee letter regarding automatic extensions to HUD’s initiation of foreclosure timeline. This mortgagee letter provides updated guidance relating to HUD’s regulatory requirement
FHA issued a mortgagee letter announcing single family foreclosure policy and procedural changes for HUD title II forward mortgages and reverse mortgages. This mortgagee letter
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
Freddie Mac issued Bulletin 2025-2 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to the portfolio reconciliation requirement
New York passed a bill amending recently enacted flood insurance requirements and restrictions for mortgage lenders and servicers. In December, 2024, New York passed a
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