FHA issued Mortgagee Letter 2021-02 announcing expanded capabilities in the FHA Catalyst: Single Family Origination Module for collection of the Uniform Closing Dataset (UCD). Beginning
FHA introduced the new FHA Catalyst: Servicing Module. The Servicing Module uses case information retained in the Single Family Origination Module to perform servicing queries.
CFPB Exempts Certain Depository Institutions and Credit Unions from Higher-Priced Mortgage Loan Escrow Account Requirement The CFPB adopted rules adding an exemption to the escrow
Freddie Mac issued Bulletin 2021-3 to extend the foreclosure moratorium in connection with COVID-19. The foreclosure moratorium is extended through February 28, 2021. Click to
RHS extended the foreclosure and eviction moratorium, and the forbearance deadline, related to COVID-19. The foreclosure and eviction moratorium is extended through March 31, 2021.
FHA issued a Waiver of Single Family Housing Directive (Waiver) permitting individuals that are classified under the Deferred Action for Childhood Arrivals (DACA) program and
FHA issued Mortgagee Letter 2021-03 to extend the foreclosure and eviction moratorium in connection with COVID-19. The foreclosure and eviction moratorium is extended through March
Freddie Mac issued Bulletin 2021-2 (Bulletin) announcing revisions to age of tax return requirements, and providing guidance related to income stability for self-employed borrowers. Per
Fannie Mae issued Lender Letter LL-2021-02 to extend the foreclosure moratorium in connection with COVID-19. The foreclosure moratorium is extended through February 28, 2021. Click
Fannie Mae issued Servicing Guide Announcement SVC-2021-01 (Announcement). Per the Announcement, Fannie Mae incorporated Lender Letter LL-2020-13 (which extended automatic reclassification triggers from 4 to
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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