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.
On November 28, 2023, the FHFA) announced the maximum conforming loan limits also known as CLL, which can impact the entitlement calculation for some Veterans.
View SourceIn this bulletin, Freddie Mac has announced several Selling updates, which include new conforming loan limit values for 2024, employed income documentation and verification requirements, cash-out refinance mortgage requirements, and much more.
View SourceSearch our Compliance Calendar for current
regulatory changes & updates from Fannie,
Freddie, FHA, VA, and USDA.
The Uniform Property Dataset (UPD) was implemented and is now available for lenders to use but will be required to use as of April 1, 2024.
View SourceBallard Spahr LLP--John L. Culhane, Jr., Richard J. Andreano, Jr., Michael Gordon & Alan S. Kaplinsky
The House of Representatives has voted to override the CFPB’s final Section 1071 small business lending rule following the Senate's vote to override the 1071 rule and the President is also expected to Veto the resolution and there is unlikely to be sufficient votes to override his veto.
View SourceThe purpose of this Circular is to announce a foreclosure moratorium and update servicers on how to assist borrowers.
View SourceIn this APM, Ginnie Mae has announced the high balance loan amount for pools and loan packages submitted on or after January 1, 2024.
View Source"By partnering with ACES, we have witnessed an overall improvement in the quality of our reviews. The platform has enabled us to focus on pre-funding reviews and allocate our resources to other areas where defects need correction."
-Hilda Melendez, Quality Control Systems Director at Lennar Mortgage
In this mortgage letter, FHA announced updates and streamlined policies for the HECM program to improve the long-term performance of the program.
View SourceThis Bulletin announces changes to the single-family ARMs Refinitiv public replacement index names.
View Source