RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing new default status codes for electronic status reporting. Per the Notice, RHS added status codes servicers
RHS revised chapter 8 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates make grammatical and formatting changes, correct discrepancies and
Fannie Mae issued Servicing Guide Announcement SVC-2022-06 (Announcement), updating fair lending data requirements. Per the Announcement, Fannie Mae added a requirement for servicers to maintain
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
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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