FHA issued Mortgagee Letter 2021-07 to extend temporary verification of self-employment, rental income and 203(k) rehabilitation escrow account provisions due to COVID-19. The temporary provisions
RHS extended temporary verification of employment, appraisal and repair inspection provisions due to COVID-19. The temporary provisions have been extended through June 30, 2021. Click
VA issued Circular 26-21-03, announcing enhancements to the Certificate of Eligibility (COE) to streamline income verification. Per the Circular, the enhancements to the COE will
VA issued Circular 26-2021-04 amending forbearance provisions related to COVID-19. Per the Circular, VA extended the COVID-19 Forbearance start date to June 30, 2021. A
VA issued Circular 26-21-05 to extend the foreclosure and eviction moratorium in connection with COVID-19. The foreclosure and eviction moratorium is extended through June 30,
Fannie Mae issued Lender Letter LL-2019-06, announcing updates to mortgage insurance requirements. Per the Lender Letter, Fannie Mae updated the MassHousing Mortgage Insurance Fund’s Loan
Freddie Mac issued Bulletin 2021-5: Servicing Updates (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac updated requirements related to: Escrow
Freddie Mac issued Bulletin 2021-6 to extend the COVID-19 foreclosure moratorium and amend COVID-19 forbearance and payment deferral provisions. Per the Bulletin, Freddie Mac extended
Freddie Mac issued Guide Bulletin 2021-7 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-2021-02 to extend the COVID-19 foreclosure moratorium and amend COVID-19 forbearance provisions. Per the Lender Letter, Fannie Mae extended 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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