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
Fannie Mae amended Lender Letter LL 2020-02 to extend the suspension of foreclosure-related activities for borrowers impacted by COVID-19. The suspension of foreclosure activities is
FHA extended the foreclosure and eviction moratorium in connection with the Presidentially-declared COVID-19 national emergency. The foreclosure and eviction moratorium is extended through December 31,
VA extended the foreclosure moratorium for borrowers affected by COVID-19. The foreclosure moratorium is extended through December 31, 2020. Click here to view the VA
VA extended the eviction moratorium for borrowers affected by COVID-19. The eviction moratorium is extended through December 31, 2020. Click to view the VA Circular
RHS extended the foreclosure moratorium and provided additional guidance for servicing loans impacted by COVID-19. The foreclosure moratorium is extended through December 31, 2020. RHS
Freddie Mac issued Bulletin 2020-34 (Bulletin): COVID-19 Foreclosure Moratorium Extension and Disaster Forbearance Updates. The Bulletin announces the extension of the COVID-19 foreclosure moratorium through
VA issued Circular 26-20-28: Interest Rate on Loan Modifications with a Trial Payment Plan (Circular). The Circular provides guidance to mortgage loan servicers regarding 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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