Search our Compliance Calendar for current
regulatory changes & updates from Fannie,
Freddie, FHA, VA, and USDA.
The Compliance NewsHub delivers mortgage, credit and compliance headlines and breaking news to help compliance and quality control professionals easily find relevant news and important regulatory dates.
Fannie Mae has published FAQs addressing questions about standard single- and multi-width MH and MH Advantage underwriting.
View SourceThe USDA Single Family Housing Guaranteed Loan Program has announced revisions to technical Handbook-1-3555, Chapter 9, Income Analysis, and Chapter 10, Credit Analysis and Handbook 1-3560, Table of Contents, and Chapter 15 Attachments.
View SourceSearch our Compliance Calendar for current
regulatory changes & updates from Fannie,
Freddie, FHA, VA, and USDA.
Fannie Mae has announced "Strategies for Healthy Credit", their new credit course for Spanish-speaking borrowers.
View SourceThe Uniform Appraisal Dataset, UAD, and Forms Redesign team has released additional documentation to support ongoing implementation efforts to supplement the initial documentation released in March 2023.
View SourceBallard Spahr LLP--Peter D. Hardy, Scott Diamond, Siana Danch & Kaley Schafer
The Financial Crimes Enforcement Network, FinCEN, has published a Small Entity Compliance Guide for beneficial ownership information reporting under the Corporate Transparency Act, as well as updated FAQs regarding CTA compliance.
View SourceOn September 22, 2023, the Governor of New York signed into law changes to section 462 of the real property law related to the property disclosure statement, effective March 20, 2024.
View Source"We are already ahead of the game and without having to add additional FTEs."
- Julie Baril, QC Manager at Norcom Mortgage
Lenders advised to remain vigilant to ensure downward trend continues
View SourceGinnie Mae announced the revision to pooling eligibility requirements for Home Equity Conversion Mortgage (HECM) Mortgage-Backed Securities (HMBS).
View Source