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
Freddie Mac issued Bulletin 2018-24 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). As outlined in the Bulletin, Freddie Mac updated the Guide to
Freddie Mac introduced the CHOICEHome pilot program. CHOICEHome is a new type of manufactured home with features comparable to site-built homes. Under the pilot program,
Freddie Mac issued Bulletin 2018-25 (Bulletin), announcing temporary revisions to selling requirements for mortgage loans impacted by California wildfires. The revised requirements pertain to: age
Fannie Mae and Freddie Mac increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2019. The 2019 maximum
Freddie Mac issued Bulletin 2018-23 (Bulletin), introducing automated income and asset assessment capabilities in Loan Product Advisor. Per the Bulletin, the automated income and asset
Freddie Mac issued Bulletin 2018-21 (Bulletin), introducing the GreenCHOICE mortgage for energy and water efficiency home improvements. The GreenCHOICE mortgage provides flexibility to finance the
Freddie Mac issued Guide Bulletin 2018-22 (Bulletin), setting forth servicing updates to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac updated requirements pertaining to:
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.
