Indiana adopted a rule increasing the amount of the state’s homestead exemption. Per the rule adoption, the homestead exemption was increased to $22,750 (rather than
FHA issued Mortgagee Letter 2022-04, extending the mandatory use date for the new FHA Catalyst: Electronic Appraisal Delivery (EAD) Module. Per the Mortgagee Letter, mortgagees
TENA will be exhibiting at MBA’s Servicing Solutions Conference & Expo 2022, February 22-25 at the Hyatt Regency Orlando. Stop by booth #820 to meet
Congratulations to TENA’s own Wade Mjelde for successfully achieving his Certified Regulatory Compliance Manager (CRCM) certification! A round of applause for Wade!
Congratulations to TENA’s own Kathryn Anderson for successfully achieving her Certified Mortgage Banker (CMB) designation! Kathryn was honored for her achievement at the MBA Annual 2021
Freddie Mac issued Bulletin 2022-3 (Bulletin) to end temporary COVID-19 related requirements for borrowers with self-employment income, provided the most recent federal income tax returns
Fannie Mae issued an update to Lender Letter LL-2021-03 to retire temporary COVID-19 related requirements for borrowers with self-employment income, provided the most recent federal
FHA issued Mortgagee Letter 2022-02, clarifying the extension of the deadlines for the first legal action and reasonable diligence time frame announced in Mortgagee Letter
Fannie Mae revised the Georgia Security Deed Form (Form 3011). The revision to the Georgia Security Deed removes the “Waiver of Borrower’s Rights and Closing
Fannie Mae issued Selling Guide Announcement SEL-2022-01 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae now allows desktop appraisals for
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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