Compliance NewsHub

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Compliance Updates and News that Matter

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.

Recent News

Agency | GSE News | December 01, 2023

FHA Mortgagee Letter 2023-23: Updates to the Home Equity Conversion Mortgage (HECM) Program

In this mortgage letter, FHA announced updates and streamlined policies for the HECM program to improve the long-term performance of the program.

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Agency | GSE News | November 30, 2023

Freddie Mac Bulletin 2023-23 LIBOR Replacement Index

This Bulletin announces changes to the single-family ARMs Refinitiv public replacement index names.

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Agency | GSE News | November 30, 2023

FHA INFO 2023-98 FHA Seeks Feedback on Draft Payment Supplement Borrower Disclosures

The Federal Housing Administration (FHA) posted a draft borrower disclosure corresponding to its draft Mortgagee Letter Payment Supplement on the Single-Family Housing Drafting Table (Drafting Table) for public feedback on November 16, 2023.

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Agency | GSE News | November 30, 2023

FHA INFO 2023-97 FHA Seeks Further Feedback on Proposed Updates to its 203(k) Rehabilitation Mortgage Insurance Program

The Federal Housing Administration (FHA) posted a draft Mortgagee Letter seeking feedback on proposed updates to its 203(k) Rehabilitation Mortgage Insurance Program.

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Agency | GSE News | November 30, 2023

Fannie Mae Servicing Guide Announcement(SVC-2023-05 Update

In this lender letter, Fannie Mae announces updates to the Loan Modification Agreement (Form 371), originally published on October 11, 2023.

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Agency | GSE News | November 30, 2023

Fannie Mae Lender Letter 2023-09 Confirmation of Conforming Loan Limit Values for 2024

In this lender letter, Fannie Mae announces the loan limits for 2024.

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State News | November 29, 2023

Vermont Announces Declared Rate for 2024

The Declared Rate for determining high-interest/high-point home loans in Vermont will be eight percent in 2024.

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Agency | GSE News | November 29, 2023

FHA 2024 Home Equity Conversion Mortgage (HECM) Loan Limits

The Federal Housing Administration (FHA) announced that the maximum claim amount for a Home Equity Conversion Mortgage (HECM) in 2024 will increase from $1,089,300 in calendar year 2023 to $1,149,825 effective for FHA case numbers assigned on or after January 1, 2024.

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