Freddie Mac issued Bulletin 2023-9 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions with respect to the Puerto Rico
Fannie Mae issued Selling Guide Announcement SEL-2023-03 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to the reporting
RHS revised chapters 4 and 6 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates to chapter 4 clarify lender responsibilities
Fannie Mae issued Lender Letter LL-2023-04, updating Fannie Mae’s payment deferral requirements. Per the Lender Letter, Fannie Mae replaced all payment deferral requirements reflected in
Freddie Mac issued Bulletin 2023-8 (Bulletin), updating payment deferral requirements. Per the Bulletin, Freddie Mac: In addition, Freddie Mac announced new outreach requirements for mortgages
FHA issued a notice expanding the definition of imminent default to include homeowners who qualify for Homeowner Assistance Funds (HAF). Per the notice, servicers will
Freddie Mac reissued Bulletin 2023-2: LIBOR Transition (Bulletin) to notify servicers of a correction to the original publication (published on January 25, 2023). Per the
Fannie Mae issued Lender Letter LL-2023-03 (formerly numbered LL-2021-02) to remove COVID-19 related property inspection and preservation policies. Per the Lender Letter, the policies were
Fannie Mae issued Lender Letter LL-2023-02, permitting shared equity loans subject to private transfer fee covenants. Per the Lender Letter, shared equity loans secured by
Fannie Mae reissued Servicing Notice: Legacy Libor Replacement Index (Notice) to notify servicers of a correction to the original publication (published on January 25, 2023).
Arizona adopted a rule permitting employees (including loan originators) to work at remote locations. Under the adopted rule, a mortgage banker licensed under the Mortgage
FHA issued a temporary partial regulatory waiver waiving the recently increased base flood elevation requirement for certain newly constructed properties. On April 23, 2024 FHA
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
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