HUD recently issued ML 2020-50, which re-extends interim procedures for site access for Section 232 mortgage insurance applications during the COVID-19 pandemic. HUD initially...
Freddie Mac and Fannie Mae have recently issued COVID-19 related updates with respect to servicing. Freddie Mac issued Bulletin 2021-3 and Fannie Mae issued...
The New York legislature recently passed a bill granting certain eviction and foreclosure protections, among other protections, for residential tenants and homeowners suffering from...
Late last year the Department of Veterans Affairs (VA) issued Circular 26-20-40 under Executive Order 13945, extending foreclosure and eviction relief previously announced and...
FHA recently extended several temporary provisions and policy waivers to help mitigate the impacts of the COVID-19 pandemic on FHA-insured borrowers. These extensions include,...
HUD recently issued Mortgagee Letter 2020-44 which extends the date by which Mortgagees must approve the initial COVID-19 forbearance and the HECM Extension Period...
HUD recently issued Mortgagee Letter 2020-45, which further extends through March 31, 2021, the temporary guidance originally published in Mortgagee Letter 2020-16 (ML 2020-16)...
HUD recently issued Mortgagee Letter 2020-43, which extended HUD’s moratorium on foreclosures and evictions for borrowers with FHA-insured Single Family mortgages covered under the...
Fannie Mae recently updated two Lender Letters, LL-2020-03 and LL-2020-04, to further extend certain temporary policies related to COVID-19. LL-2020-03 addresses temporary COVID-19 measures...
WBK continues to update its chart of coronavirus-related communications from state mortgage regulators, for use in our state licensing practice. It is available on this...
Fannie Mae recently updated Lender Letters 2020-03 and 2020-04 regarding existing temporary origination and appraisal policies and flexibilities issued in response to COVID-19. Fannie...
In response to the COVID-19 pandemic, Ginnie Mae recently issued All Participant Memorandum (APM) 20-14, which allows, under certain conditions, the use of alternative...
