Fannie Mae issued a Servicing Notice (Notice), announcing the replacement index for the Cost of Funds Index. As previously communicated, the Federal Home Loan Bank

RHS revised Form RD 3555-21 (Request for Single Family Housing Loan Guarantee). The revised form no longer includes the income calculation worksheets. However, RHS announced

FHA Updates the Servicing and Loss Mitigation section of the Single Family Housing Policy Handbook (SF Handbook 4000.1) FHA Updated the Servicing and Loss Mitigation

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