Texas passed a bill amending security breach disclosure requirements. Under the bill, a lender, broker or servicer must notify the attorney general of a breach
Montana adopted rules increasing mortgage lender and servicer license renewal fees under the Montana Mortgage Act. Per the rule adoption, the renewal fee for a
North Dakota passed a bill enacting the Residential Mortgage Lenders Act (RMLA). Under the bill, a person may not engage in the business of residential
Fannie Mae revised the District of Columbia Security Instrument Form (Form 3009). The revision to the District of Columbia Security Instrument provides further clarity and
North Dakota passed a bill enacting the Residential Mortgage Loan Servicers Act. Under the bill, a person may not engage in the business of residential
VA issued Circular 26-23-16 (Circular), describing measures mortgagees may employ to provide relief to Hawaii home loan borrowers affected by wildfires. The measures include: the
RHS issued an announcement outlining the relief measures loan holders and loan servicers should employ to assist borrowers affected by the Maui wildfires. The measures
North Dakota passed a bill amending escrow requirements with respect to surplus escrow funds. Under the bill, a servicer that maintains an escrow account in
Maine passed a bill enacting a private mortgage insurance disclosure requirement under the Maine Consumer Credit Code. Under the bill, a supervised lender or servicer
Minnesota passed a bill imposing Net Worth requirements for large mortgage servicers licensed under the Minnesota Residential Mortgage Originator and Servicer Licensing Act. Under the
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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