This topic consolidates all announcements, newsletters, bulletins, handbook/guide updates, and general news coming from FHFA, Fannie Mae, FHA, Freddie Mac, GNMA, RHS, and VA.
DS News–Eric C. Peck
According to the Federal Housing Finance Agency (FHFA) third-quarter 2023 Foreclosure Prevention and Refinance Report, the GSEs completed 43,356 foreclosure prevention actions during the 3rd quarter of 2023, raising the total number of homeowners who have been helped to 6,861,827 since the start of the GSE conservatorship in September 2008.
Fannie Mae has introduced this job aid to provide instructions for obtaining reports on claims for all workout incentives submitted in Property 360™ and for capitalized advances submitted before Oct. 1, 2023, and reporting for capitalized advance claims submitted after October 1, 2023.
Search our Compliance Calendar for current regulatory changes & updates.
Fannie Mae has revised the Attorney Authorization Approval (AAA) Matrix to reflect the increase in non-standard hourly rates effective January 1, 2024.
On Wednesday, December 20th, 2023, HUD published in the Federal Register, Volume 88, No. 243 a new Rule titled, "Regulatory and Administrative Requirement Flexibilities Available to Native American Programs During CY 2024 and CY 2025 to Tribal Grantees To Assist With Recovery and Relief Efforts on Behalf of Families Affected by Presidentially Declared Disasters." The rule goes into effect on January 1st, 2024.
In this servicing guide announcement, Fannie Mae announced updates to include changes to the financial reporting requirements and several miscellaneous updates.
Fannie Mae announced that during the weekend of February 10, 2024, they will implement an update to Desktop Underwriter® (DU® ) Version 11.1.
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Join us at the Broadmoor in Colorado Springs on May 18-20, 2025.
The Federal Housing Administration (FHA) introduced pre-recorded training webinars and information that allow FHA-approved mortgagees and other stakeholders in FHA transactions to learn about FHA policies, programs, and technology at their own pace.
In this Bulletin, Freddie Mac announced updates to delinquency reporting and COVID-19 hardships, the LIBOR replacement index, servicing mortgages secured by properties subject to resale restrictions, forbearance late notice and payment reminders, and much more.
In this announcement, Fannie Mae announced updates to the Selling Guide, which included changes to the income calculator, verification of employment alternatives, restricted stock units and restricted stock, and much more.
Fannie Mae has published the 25th edition of the periodic update for residential appraisers servicing their customers.
"We are already ahead of the game and without having to add additional FTEs."
- Julie Baril, QC Manager at Norcom Mortgage
The Department of Veterans Affairs (VA) seeks public comment on the minimum property requirements (MPRs) for VA-guaranteed and direct loans.
FHA has implemented a change in processing Section 223 (f) insured project loans combined with new Low Income Housing Tax Credits (LIHTC).
Fannie Mae published updates to its modification interest Rates effective December 14,2023.
Freddie Mac published updates to its modification interest Rates effective December 14, 2023.
