Freddie Mac issued Bulletin 2022-25 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: announced the new conforming loan limit values
Freddie Mac issued Bulletin 2022-24 (Bulletin) announcing updates related to Automated Collateral Evaluation (ACE) + Property Data Report (PDR). Per the Bulletin, Freddie Mac is
Washington adopted rules allowing loan originators to work at remote locations. Under the rule, a mortgage lender or broker licensed under the Consumer Loan Act
RHS amended chapters 3, 10, 12, 17, 18, and 19 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). The chapters were amended to implement
VA issued Circular 26-22-17 (Circular), updating procedural requirements related to the acceptability of private roads and shared driveways. Per the Circular, an ongoing maintenance agreement
FHA extended the temporary partial waivers issued for Mortgagee Letter 2015-11 and Mortgagee Letter 2016-07. The temporary partial waiver for Mortgagee Letter 2015-11 allows mortgagees
FHA issued FHA Mortgagee Letter 2022-19 rescinding the mandatory use date for the FHA Catalyst: Electronic Appraisal Delivery (EAD) module. Per the Mortgagee Letter, FHA
FHA adopted a rule permitting private flood insurance for FHA-insured mortgages. Per the rule adoption, FHA will now allow borrowers the option to purchase a
Fannie Mae issued Lender Letter LL-2022-05, waiving loan-level price adjustments (LLPAs) for HomeReady loans, loans for first-time homebuyers with income at or below applicable area
Pennsylvania passed a bill amending breach of security requirements. The bill provides an alternate method of providing notice of a breach of security in the
FHA issued Title I Letter (TIL) TIL-489, adopting the Uniform Residential Loan Application (URLA) for the Title I loan programs. Per the TIL, FHA replaced
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,
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.
