California passed a bill reenacting foreclosure prevention provisions under the Homeowner Bill of Rights. The Homeowner Bill of Rights was enacted in 2012 and established
District of Columbia passed a bill enacting the Uniform Law on Notarial Acts. The Uniform Law on Notarial Acts is modeled upon the Revised Uniform
Fannie Mae issued Servicing Guide Announcement SVC-2018-09 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: updated policies related to property
Freddie Mac issued Bulletin 2018-26 (Bulletin), announcing updates to foreclosure timeline requirements for all states. Per the Bulletin, Freddie Mac updated foreclosure timeline requirements to
VA announced county loan limits for 2019. The county loan limits are posted at: http://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp. The county loan limits apply to loans closed on or
FHA adopted rules removing the 10-year protection plan requirement for certain mortgages on newly constructed single family homes. A borrower must currently purchase a 10-year
New Jersey passed a bill amending the Residential Mortgage Lending Act (RMLA). The bill: adds several definitions to the RMLA; permits depository institutions to register
Pennsylvania passed a bill enacting the Vacant and Abandoned Real Estate Foreclosure Act (Act). The Act permits lenders and servicers to utilize an expedited foreclosure
To identify mortgage origination Quality Control audit exceptions that occur frequently, TENA analyzed the audit results from thousands of Origination QC audits that it completed
Fannie Mae issued Selling Guide Announcement SEL-2018-09 (Announcement), setting forth updates to the Selling Guide. As outlined in the Announcement, Fannie Mae updated the Selling
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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