CFPB Publishes Updated Version of HMDA Small Entity Compliance Guide
The CFPB published an updated version of the HMDA Small Entity Compliance Guide (Guide). Updates to the Guide include incorporation of content from the HMDA
The CFPB published an updated version of the HMDA Small Entity Compliance Guide (Guide). Updates to the Guide include incorporation of content from the HMDA
Arizona passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is defined as a notarial act
The New Jersey Department of Banking and Insurance issued a bulletin amending the high-cost home loan limit under the Home Ownership Security Act of 2002
Michigan passed a bill amending the content of the notice of foreclosure by advertisement (Notice). Under the bill, a lender or servicer must now include
Fannie Mae published an updated and redesigned Quality Control (QC) Self-Assessment. The QC Self-Assessment is designed to help manage quality risk and comply with Fannie
RHS adopted a rule implementing changes to loss claim and loss mitigation processes. The rule streamlined the loss claim process for lenders who have acquired
The CFPB published additional guidance related to disclosure of construction and construction-permanent loans under the TILA-RESPA Integrated Disclosure (TRID) Rule. The CFPB published two guides
Fannie Mae and Freddie Mac published a revised implementation timeline for the redesigned Uniform Residential Loan Application (URLA) and updated automatic underwriting systems (AUS). The
Kentucky passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is a notarial act performed for
Idaho passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is defined as a notarial act
FHA issued Title I Letter (TIL) TIL-489, adopting the Uniform Residential Loan Application (URLA) for the Title I loan programs. Per the TIL, FHA replaced
FHA issued Mortgagee Letter 2025-01, updating Defect Taxonomy to include Servicing Loan Reviews. Per the Mortgagee Letter (ML), FHA updated the Single Family Housing Policy
RHS adopted rules amending manufactured housing provisions under the Single Family Housing Guaranteed Loan Program. The adopted rules: The final rule is effective March 4,
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