Colorado passed a bill allowing allow mortgage business at remote locations. Under the bill, supervised lenders licensed under the Uniform Consumer Credit Code may conduct
Fannie Mae issued Servicing Guide Announcement SVC-2022-04 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: transitioned the process for ordering
Freddie Mac issued Bulletin 2022-12 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: added a requirement for servicers to review
RHS amended the income limits under the Single Family Housing Guaranteed Loan Program. Appendix 5 of the Single Family Housing Guaranteed Loan Program Technical Handbook
Vermont passed a bill permanently authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is defined as a notarial
Maryland passed a bill amending breach of security requirements. Under the bill, a business that maintains but does not own or license personal information must
Freddie Mac issued Bulletin 2022-11 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: expanded eligibility requirements, added new requirements, and
Fannie Mae issued Selling Guide Announcement SEL-2022-05 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: updated policy on limited cash-out
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing new default status reason codes for electronic status reporting. Per the Notice, RHS added 12 new
Connecticut passed a bill imposing net worth requirements for large mortgage servicers. Under the bill, mortgage servicers that service (or subservice) at least 2,000 mortgage
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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