New Jersey passed a bill requiring additional information to be provided with the foreclosure summons and complaint, and the “notice of the pendency of the
New Jersey passed a bill amending timing and content requirements with respect to the “notice of intention to foreclose” (Notice). Under the bill, a foreclosing
New Jersey passed a bill extending the timing requirement for a foreclosure sale involving vacant and abandoned property. Under the bill, a sheriff must now
New Jersey passed a bill requiring a foreclosing lender or servicer’s attorney to provide the property deed to the Sheriff following a foreclosure sale. Under
New Jersey passed a bill amending the content of the “notice of intention to foreclose” (Notice). Pursuant to the bill, a lender or servicer must
In excess of 35,000 mortgage servicing Quality Control reviews were conducted during the first quarter of 2019 with nearly 2,000 unique audit exceptions cited by
FHA issued Mortgagee Letter 2019-07, extending the effective date of Mortgage Letter 2019-06 (Downpayment Assistance and Operating in a Governmental Capacity). Per the Mortgagee Letter,
VA revised chapters 2, 5 and 12 of the Lender’s Handbook (M26-7). Chapter 2 (Veteran’s Eligibility and Entitlement) has been revised to reflect updates to
VA issued Circular 26-19-11, describing measures mortgagees may employ to provide relief to home loan borrowers affected by flooding in Nebraska. The measures include: the
Freddie Mac issued Bulletin 2019-8 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mace revised requirements relating to: approved servicer reimbursement
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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