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 of loan payments; a 90 day foreclosure moratorium; the waiver of late charges; and the suspension of credit bureau and VA reporting. The Circular also encourages servicers to extend special forebearance to National Guard members that experience financial difficulties as a result of their service.
State Compliance Summary
Arizona Permits Employees to Work at Remote Locations
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
February 24, 2025
