VA issued a Servicer Newsflash amending the maximum allowable appraisal fees and foreclosure attorney fees for mortgage servicers. Per the Newsflash, the new maximum allowable
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing temporary guidance for the 12-month forbearance limit for borrowers who are impacted by Hurricane Ida (or
Fannie Mae issued Servicing Guide Announcement SVC-2021-08 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated the required initial delinquency
Fannie Mae issued an update to Lender Letter LL-2021-07, requiring servicers to perform an escrow analysis when evaluating eligibility for a COVID-19 payment deferral or
FHA issued Mortgagee Letter 2021-27, updating and clarifying appraisal requirements regarding compliance with Fair Housing laws. Per the Mortgagee Letter FHA: updated Section I.B.1.d.i (Appraisers
Freddie Mac issued Bulletin 2021-35 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac now requires servicers to perform an escrow
Fannie Mae revised instructions to the MERS Rider (Form 3158) and to the Montana, Oregon, and Washington Security Instruments (Form 3027, Form 3038, and Form
FHA issued FHA Info #21-97, announcing the publication of the new Title I Property Improvement, and Manufactured Home Loan Programs sections of the Single Family
New York passed a bill requiring lenders and servicers to designate a single point of contact for borrowers pursuing a loan modification or other foreclosure
FHA issued FHA Info #21-95 announcing the postponement of the transition of the Single Family Default Monitoring System from FHA Connection to FHA Catalyst. 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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