FHA issued Mortgagee Letter 2020-31, announcing the incorporation of the FHA Defect Taxonomy as an Appendix to the Single Family Housing Policy Handbook.  The Defect

VA issued Circular 26-20-33: Deferment as a COVID-19 Loss Mitigation Option for CARES Act Forbearance Cases (Circular). Per the Circular, servicers may offer borrowers (who

VA issued Circular 26-20-34 (Circular), describing measures mortgagees may employ to provide relief to home loan borrowers affected by Hurricane Laura. The measures include: the

FHA issued Mortgagee Letter 2020-30 (Letter), announcing underwriting guidelines for borrowers with previous mortgage payment forbearance. The Letter outlines requirements borrowers must meet to request

Fannie Mae amended Lender Letter LL-2020-04 to extend temporary appraisal flexibilities due to COVID-19. The temporary appraisal flexibilities have been extended through September 30, 2020.

Fannie Mae amended Lender Letter LL-2020-03 (Letter) to extend temporary selling policies and flexibilities due to COVID-19. The Letter also updated requirements related to the

Fannie Mae updated the effective date of Lender Letter LL-2020-12: New Adverse Market Refinance Fee (Letter). Per the letter, implementation of the 50 basis point

Freddie Mac issued Bulletin 2020-35 (Bulletin) announcing a new effective date and additional criteria for the Market Condition Credit Fee in Price (MCCFP). Per the

VA issued Circular 26-20-31 (Circular), describing measures mortgagees may employ to provide relief to home loan borrowers affected by California wildfires. The measures include: the

VA issued Circular 26-20-32 (Circular), describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms in Iowa. The measures