Fannie Mae and Freddie Mac increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2020. The 2020 maximum

Freddie Mac issued Bulletin 2019-23 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). Per the Bulletin, Freddie Mac has created two new sections in

Oregon passed a bill, requiring that a “notice of veterans assistance” be provided to borrowers subject to foreclosure. The “notice of veterans assistance” must state:

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