FHA recently announced that they are extending certain temporary COVID-19 related policies first announced in Mortgagee Letter 2020-24, including those related to verification of...
Oregon Governor Kate Brown recently signed into law House Bill 2009, which, among other things, provides relief to borrowers that were financially impacted as...
The Federal Reserve Board recently issued an interim final rule which excepts certain loans guaranteed under the Small Business Administration’s Paycheck Protection Program (PPP)...
Governor Asa Hutchinson signed into law SB340 to permit the remote notarization of documents due to the COVID-19 pandemic. This legislation is effective retroactive...
Fannie Mae updated Lender Letter LL-2021-04 to extend the effective date of LL-2021-04 through May 31, 2021. These policies were initially published in March...
Governor Andrew Cuomo recently signed an extension of both the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 and the COVID-19 Emergency Protect...
FHA recently announced a clarification concerning the timing of a mortgagee’s review of borrowers in a pandemic-related forbearance for a COVID-19 loss mitigation option. ...
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...
The CFPB Office of Research recently published a special issue brief detailing trends among borrowers in forbearance and delinquent on their mortgages since the...
The NCUA recently issued an interim final rule to temporarily modify the prompt corrective action (PCA) regulations to help federally insured credit unions (FICUs)...
In their latest Handbook 4000.1 Transmittal, FHA announced multiple updates, including the publication of updates to the Servicing and Loss Mitigation section (Section III)...
