On March 18, 2020, Fannie Mae published Lender Letter LL-2020-02 regarding temporary servicing requirements due to the impact of Coronavirus COVID-19. LL-2020-02 was updated with additional information on March 25, ...
On March 28, 2020, Freddie Mac published Bulletin 2020-4 regarding temporary servicing requirements due to the impact of Coronavirus COVID-19. Freddie Mac is working together with Fannie Mae under the ...
On March 18, 2020, the United States Department of Housing and Urban Development (HUD) published Mortgagee Letter 2020-04 regarding guidance for foreclosures and evictions in connection with Coronavirus COVID-19. Mortgagee ...
On March 16, 2020, the Department of Veterans Affairs (VA) published Circular 26-20-7 regarding special relief and safety for those affected by Coronavirus COVID-19. Circular 26-20-7 provides the following information: ...
On March 19, 2020, Freddie Mac announced that their Loan Product Advisor customer test environment (CTE) has been updated for lenders to begin testing the changes that support the Uniform ...
The U.S. Department of Housing and Urban Development (HUD) has published an update to Form HUD-92541 Builder's Certification of Plans, Specifications, and Site (rev. 03/2018). The publication is due to ...
Today marks the inaugural publication of Secured Overnight Financing Rate (SOFR) Averages and a SOFR index by the Federal Reserve Bank of New York (New York Fed). The New York ...
Today, the Federal Deposit Insurance Corporation (“FDIC”) announced the members for the new Advisory Committee of State Regulators (“ACSR”). In November of 2019, the FDIC Board approved the establishment of ...
Fannie Mae and Freddie Mac (the GSEs) have published updated Adjustable-Rate Mortgage (ARM) Notes and Riders with new index fallback language for new closed-end, residential ARMs. The language is based ...
Fannie Mae and Freddie Mac (the GSEs) have made the interactive (fillable) PDF versions of the redesigned Uniform Residential Loan Application (URLA) available on their respective websites. The interactive PDFs ...