RHS revised chapters 9 and 10 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). Specifically, RHS revised paragraphs 9.3, paragraph 9.4, and
VA issued Circular 26-22-16, Change 1, amending the stacking order for files selected for VA Full File Loan Review (FFLR). Per the Circular, VA deleted
RHS amended the eligibility area maps under the Single Family Housing Guaranteed Loan Program. Effective October 1, 2023, all properties for new applications must be
Freddie Mac issued Bulletin 2023-18 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: The added DTI requirements for student loans
Fannie Mae issued Selling Guide Announcement SEL-2023-08 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to trust income
Connecticut passed a bill amending release of lien provisions. Under the bill, a lender or servicer must execute and deliver a release of lien to
Florida passed a bill amending estoppel letter (payoff statement) requirements when a borrower requests an estoppel letter. The bill amends estoppel letter requirements with respect
Texas passed a bill enacting release of lien requirements with respect to home loans (loans secured by a 1-to 4- family dwelling occupied as the
Connecticut passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed using
Utah adopted rules amending the Utah Residential Mortgage Practices and Licensing Act (URMPLA). Under the adopted rules, a mortgage entity licensed under the URMPLA must
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,
New York passed a bill amending breach of security notification timing requirements. Under the bill, notice of a breach of security must be provided to
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