An Emergency Rule setting forth the required criteria for the software to be used by notaries performing remote notarizations was filed by the Missouri...
FHA recently issued Mortgagee Letter 2020-30 (ML 2020-30) to expand FHA’s underwriting guidelines for borrowers in forbearance and who are seeking new FHA insured...
VA issued Circular 26-20-12, Change 1 that modifies parts of Circular 26-20-12 by clarifying the loan modification option, VA purchase option, and removes a...
On August 31, 2020, California Governor Gavin Newsom signed Assembly Bill 3088 (AB 3088) enacting the Tenant, Homeowner, and Small Landlord Relief and Stabilization...
The Florida Governor and the Texas Supreme Court have extended certain borrower protections through September 30, 2020, in response to COVID-19. Florida’s Governor, Ron...
The Department of Veterans Affairs (VA) issued Circular 26-20-29 to extend its eviction moratorium for borrowers affected by COVID-19 through December 31, 2020. The...
The CFPB recently published a report identifying key trends from COVID-19 on consumer credit use and access. The report analyzes data provided by the...
On August 27, 2020, Fannie Mae updated several Lender Letters, LL-2020-03, LL-2020-04, and LL-2020-06, to its single-family sellers communicating temporary policies in response to...
Fannie Mae and Freddie Mac recently issued guidance on the new adverse market refinance fee, which WBK previously covered here, and Freddie Mac updated...
On August 27, 2020, FHA published Mortgagee Letter 2020-27. The Mortgagee Letter extends the moratoriums (initially put into place through Mortgagee Letter 2020-04) on...
The SBA recently issued guidance including a new set of Frequently Asked Questions (FAQs) on Paycheck Protection Program (PPP) Loan Forgiveness. Generally, in relation...
