FHA issued Mortgagee Letter 2020-39 to extend the temporary endorsement process for mortgages placed in forbearance due to COVID-19. The temporary process has been extended
FHA issued Mortgagee Letter 2020-40 to extend temporary verification of self-employment, rental income and 203(k) rehabilitation escrow account provisions due to COVID-19. The temporary provisions
FHA issued Mortgagee Letter 2020-38 (Letter), announcing expanded claim submission capabilities in FHA Catalyst. Per the Letter, mortgagees may now utilize the FHA Catalyst: Claims
Fannie Mae and Freddie Mac increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021. The 2021 maximum
Texas adopted rules amending provisions with respect to home equity loans. The adopted rules: Clarify “state of emergency” for purposes of permitting a home equity
Fannie Mae amended Lender Letter LL-2020-07: COVID-19 Payment Deferral (Letter). Per the Letter, Fannie Mae eliminated the requirement to report a delinquency status code for
FHA published an update to its Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes revisions and additional clarifications to various FHA policies
Mississippi passed a bill enacting the Revised Law on Notarial Acts. The Revised Law on Notarial Acts is modeled upon the Revised Uniform Law on
Fannie Mae amended Lender Letter LL-2020-03 to extend temporary verification of employment and power of attorney flexibilities due to COVID-19, and to amend temporary requirements
Fannie Mae amended Lender Letters LL-2020-04 to extend temporary appraisal flexibilities due to COVID-19. The temporary flexibilities have been extended through December 31, 2020. Click
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
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.
