Minnesota passed a bill amending provisions with respect to foreclosure consultants and equity purchasers. Under the bill, foreclosure consultants are now referred to as “solicitors”

New York passed a bill amending the content of the “notice to tenant” provided to tenants following a foreclosure sale. Under the bill, the “notice

Utah passed a bill amending mailing requirements with respect to a Cancellation of Notice of Default. Under the bill, if a default is cured and

The District of Columbia passed a bill extending the temporary foreclosure moratorium, payment deferment program and remote online notarization provisions due to COVID-19. The temporary

RHS amended guidance relating to the treatment of Mortgage Credit Certificates (MCC) in the new Guaranteed Underwriting System (GUS). In the new GUS, an MCC

FHA issued Mortgagee Letter 2021-08, updating Home Equity Conversion Mortgage (HECM) requirements with respect to interest rate changes. Per the Mortgagee Letter, FHA: removed approval

Freddie Mac issued Guide Bulletin 2021-10 to extend temporary verification of employment, appraisal, condominium project and power of attorney flexibilities due to COVID-19. The temporary

Fannie Mae issued Lender Letter LL-2021-08: Eligibility of Loans Secured by Second Home and Investment Properties. Per the Lender Letter, all loans secured by a

Fannie Mae issued Servicing Guide Announcement SVC-2021-02 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: amended requirements for submitting property

Fannie Mae issued Lender Letter LL-2021-03 to extend temporary verification of employment and power of attorney flexibilities due to COVID-19. The temporary flexibilities have been