Fannie Mae issued Lender Letter LL-2022-01: Loan-Level Price Adjustments (LLPAs). The LLPAs apply to second homes and high balance mortgage loans. In addition, Fannie Mae
VA issued Circular 26-22-01 (Circular), describing measures mortgagees may employ to provide relief to Colorado home loan borrowers affected by wildfires and straight-line winds. The
FHA issued Mortgagee Letter 2021-31, updating the effective date for the transition of the Single Family Default Monitoring System (SFDMS) from FHA Connection to FHA
VA issued Circular 26-21-27 to extend the suspension of property inspection requirements for COVID-19 forbearance cases. On June 8, 2020, VA issued Circular 26-20-21 suspending
VA issued Circular 26-21-27 to extend the suspension of property inspection requirements for COVID-19 forbearance cases. On June 8, 2020, VA issued Circular 26-20-21 suspending
VA issued Circular 26-21-26 to clarify the funding fee determination for borrowers purchasing or constructing a home with a 5% or 10% down payment. Per
Fannie Mae issued Selling Guide Announcement SEL-2021-11 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: modified the definition of principal
Freddie Mac issued Bulletin 2021-38 (Bulletin) establishing temporary review requirements for certain condominium and cooperative share projects. Per the Bulletin, Freddie Mac established temporary project
VA issued Circular 26-21-23 (Circular), describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms, straight-line winds, flooding, and
The CFPB issued the 2021 LIBOR Transition rule (Rule) amending the Truth in Lending Act (TILA) to address the sunset of LIBOR (which is expected
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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