Freddie Mac issued Bulletin 2022-15 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: enhanced Loan Product Advisor (LPA) to include
FHA issued Mortgagee Letter 2022-09, updating the effective income calculation with respect to a COVID-19 related economic event. Per the Mortgagee Letter, FHA updated the
Rhode Island adopted a rule allowing employees to work at remote locations. Under the rule, lenders, brokers, and servicers licensed under the Rhode Island General
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes revisions to existing guidance, technical edits and the
VA issued Circular 26-22-10 (Circular), announcing Certificate of Eligibility (COE) enhancements to include the United States Space Force (USSF) as a branch of service. Per
Freddie Mac issued Bulletin 2022-14 and Fannie Mae issued Lender Letter LL-2022-02, providing requirements for loans impacted by the Equifax coding issue. Per the Bulletin
VA issued Circular 26-22-12 (Circular), introducing a new Certificate of Eligibility (COE) funding fee status for active-duty service members with pending pre-discharge claims. Per the
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
Ohio passed a bill allowing mortgage business at remote locations. Under the bill, lender, brokers, and servicers licensed under the Residential Mortgage Lending Act (RMLA),
Fannie Mae updated the area median incomes (AMIs) used to determine a borrower’s eligibility for HomeReady mortgage loans and RefiNow transactions. The 2022 AMIs will
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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