Freddie Mac issued Bulletin 2021-16 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Introduced a 30-day seasoning requirement for “no

FHA issued Mortgagee Letter 2021-11, implementing additional protections for eligible non-borrowing spouses on all Home Equity Conversion Mortgages (HECMs). Per the Mortgagee Letter, FHA expanded:

Freddie Mac issued Bulletin 2021-19, announcing additional updates with respect to the revised General QM Rule. Per the Bulletin, Freddie Mac updated requirements in response

Fannie Mae issued Lender Letter 2021-11, announcing additional details with respect to the revised General QM Rule. Per the Lender Letter, Fannie Mae provided additional

FHA issued Mortgagee Letter 2021-09, clarifying eligibility requirements for non-permanent resident borrowers. Per the Mortgagee Letter, FHA: Clarified eligibility requirements for individuals participating in the

VA issued Circular 26-21-07, Change 1, providing an updated summary of the home retention options and alternatives to foreclosure that servicers should utilize to help

Freddie Mac issued Bulletin 2021-20 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac revised requirements with respect to: Quality control

Oregon passed a bill enacting a temporary COVID-19 related foreclosure moratorium. Under the bill, a mortgage lender or servicer may not foreclose a property (either

Maryland passed a bill requiring mortgage lenders, brokers, and servicers to disclose the NMLS unique identifier in advertisements, websites, and at licensed locations. The bill

Washington passed a bill amending the amount of the state’s homestead exemption. Under the bill, the homestead exemption is now the greater of $125,000 or