Fannie Mae issued Servicing Guide Announcement SVC-2019-07 (Announcement), updating requirements relating to the cancellation of property and flood insurance following a foreclosure sale. Per the

Washington passed a bill amending breach of security disclosure requirements. Under the bill, a person that owns or licenses personal information of a Washington resident

Montana adopted rules decreasing license renewal fees under the Montana Mortgage Act. The rule adoption went into effect November 9, 2019. See Montana Secretary of

Fannie Mae issued a Selling and Servicing Notice – Taxpayer First Act and Use of Tax Return Information (Notice) relating to the sharing and disclosure

VA issued Circular 26-19-29, describing measures mortgagees may employ to provide relief to home loan borrowers affected by Tropical Storm Imelda. The measures include: the

Texas adopted rules amending the model Conditional Qualification Letter and the model Conditional Approval Letter forms. The model forms are available to lenders and brokers

New York passed a bill enacting transfer of servicing requirements with respect to modified mortgage loans. Under the bill, a servicer acquiring a mortgage loan

Illinois passed a bill requiring data collectors to notify the attorney general in the event of a security breach. Under the bill, a data collector

Oregon passed a bill amending foreclosure complaint and Notice of Sale requirements under the judicial foreclosure process. Under the bill, a foreclosure complaint in a

Nevada passed a bill consolidating the Mortgage Banker Act (chapter 645E) and the Mortgage Broker Act (chapter 645B). Under the bill, all mortgage loan origination