New Hampshire Authorizes Remote Notarizations
New Hampshire passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed
New Hampshire passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed
Freddie Mac issued Bulletin 2021-28 (Bulletin), announcing the expiration of temporary COVID-19 related underwriting requirements related to age of documentation, evidence of liquidation of stocks,
Fannie Mae issued Servicing Announcement SVC-2021-05 (Announcement), Per the Announcement, Fannie Mae updated the Investor Reporting Manual to incorporate previously communicated changes regarding payment deferral
Fannie Mae issued an update to Lender Letter LL-2021-03 to retire COVID-19 age of documentation and market-based asset policies. The policies are retired effective August
The Washington Department of Financial Institutions (Department) issued a Department Letter temporarily waiving examination and assessment fees under the Consumer Loan Act. Per the Department
Fannie Mae issued Selling Guide Announcement SEL-2021-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: clarified policy related to prearranged
The CFPB issued an interpretive rule clarifying the right of rescission and TRID timing requirements under the Truth-in-Lending Act (TILA) due to the 2021 Juneteenth
Freddie Mac issued Bulletin 2021-27 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Introduced the CHOICEReno eXPress streamlined option under
The CFPB updated the Mortgage Servicing Small Entity Compliance Guide (Compliance Guide) to incorporate the 2021 Mortgage Servicing COVID-19 Final Rule and the 2020 Mortgage
FHA issued 2 partial waivers related to review requirements for the COVID-19 Advance Loan Modification (COVID-19 ALM) option and the COVID-19 Recovery Loss Mitigation (COVID-19
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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