Illinois Requires Attorney General Notification in the event of a Security Breach
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
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
VA issued Circular 26-19-17, Change 1, amending guidance previously announced in Circular 26-19-17 relating to Interest Rate Reduction Refinancing Loans (IRRRLs) and the VA Funding
FHA published the quarterly update to its Single Family Housing Policy Handbook (SF Handbook 4000.1). This publication updated and clarified FHA’s servicing and claims policies,
New Jersey passed a bill codifying the state’s Foreclosure Mediation Program (Program). Under the bill, the Program applies to a foreclosure action involving an owner-occupied
Oregon passed a bill amending the Consumer Identity Theft Protection Act (CITPA). Under the bill, the definition of “personal information” is expanded to include user
Utah passed a bill authorizing remote notarizations and establishing requirements for the performance of remote notarizations. A remote notarization is defined as a notarial act
VA issued Circular 26-19-27, describing measures mortgagees may employ to provide relief to home loan borrowers affected by Hurricane Dorian. The measures include: the forebearance
California passed a bill removing the exemption for attorneys from the Rosenthal Fair Debt Collection Practices Act (RFDCPA). Under the bill, attorneys are no longer
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
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
Sign up below to receive regulatory updates from all around the mortgage industry, delivered right to your inbox.
You will also receive an email with a link to the PDF.