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URLA February 1, 2020 Mandate Rescheduled; New Requirements Provided
At the direction of the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the GSEs) announced in June 2019 that the o...
FHA Mortgagee Letter 19-11 Maximum Loan-To-Value and Combined Loan-To-Value Percentages for Cash-Out Refinance Mortgages
The Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2019-11, “Maximum Loan-to-Value and Combined Loan...
Texas Department of Insurance (TDI) Adopts Order for Rate and Rule Revisions for Title Insurance – Effective September 1, 2019
The Texas Commissioner of Insurance has issued an order adjusting the basic premium rate for title insurance and amending R-5, R-8 an...
RESPA Section 8 Violations Emphasized in Recent FDIC Report
The FDIC recently published its 2018 Consumer Compliance Supervisory Highlights, detailing common violations of consumer protectio...
ALTA Policy Forms Update: Final Publications and Technical Corrections
The ALTA Board of Governors approved a recommendation to revise the ALTA Closing Protection Letters and adopt new Endorsements during ...
Fannie Mae LL-2018-06 – Impact of Federal Government Shutdown
Fannie Mae has issued Lender Letter LL-2018-06 to provide temporary guidance on selling and servicing policies that may be impacted b...
FHA: Streamlining Warranty Requirements – Removal of 10-Year Protection Plan Requirements effective – 03/14/2019
Effective March 14, 2019, FHA will no longer require a 10-Year Warranty/Protection Plan on new construction properties.
This final ...
FHA: Streamlining Warranty Requirements – Removal of 10-Year Protection Plan Requirements effective – 03/14/2019
Effective March 14, 2019, FHA will no longer require a 10-Year Warranty/Protection Plan on new construction properties.
This final r...
Removal of FHA Inspector Roster
HUD publishes the final rule streamlining the inspection requirements for FHA singl...
TRID “Black Hole” Fix Effective June 1, 2018
The Consumer Financial Protection Bureau (CFPB) recently finalized a long-awaited amendment to its TILA/RESPA Integrated Disclosure (TR...
