Freddie Mac issued Bulletin 2022-17 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac added a requirement for servicers to maintain
Freddie Mac issued Bulletin 2022-16 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: announced that properties with age-based resale restrictions
VA issued Circular 26-22-13 permitting the use of an exterior-only or desktop appraisal for purchase transactions. Per the Circular, a lender may use an exterior-only
Fannie Mae issued Selling Guide Announcement SEL-2022-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae updated requirements to allow the
Georgia adopted rules amending the Residential Mortgage Act (RMA). The rule adoption amended the RMA with respect to initial and renewal fee requirements, recordkeeping requirements,
Rhode Island passed a bill amending the General Laws Licensed Activities Act (GLLAA) and the Secure and Fair Enforcement Mortgage Licensing Act (SFEMLA). The bill
Fannie Mae revised the Texas Home Equity Security Instrument Form (Form 3044.1). The revision to the Texas Home Equity Security Instrument removes language in the
Rhode Island passed a bill authorizing the remote notarization of documents. Under the bill, a remote notarization is defined as a notarial act performed by
North Carolina passed a bill amending requirements with respect to the postponement of a foreclosure sale. Under the bill, a judicial foreclosure sale may now
Rhode Island passed a bill enacting lender-placed insurance provisions. The bill enacts lender-placed insurance provisions with respect to the term of the insurance policy, 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,
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