Loretta Salzano and Jenny Dozier will be speaking on a variety of hot topics at key conferences throughout the country. Conference attendance is a great way to stay informed on the latest happenings in the industry – and it provides…
Loretta Salzano and Jenny Dozier will be speaking on a variety of hot topics at key conferences throughout the country. Conference attendance is a great way to stay informed on the latest happenings in the industry – and it provides…
Fannie Mae and Freddie Mac Announce Use of Form 1103 Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will require lenders to use the Supplemental Consumer Information Form (“SCIF”) as part of the application process for loans…
Arizona Arizona passed House Bill 2612, which updates verbiage in the Arizona Mortgage Brokers, Mortgage Bankers, and Loan Originators Act. House Bill 2612 is effective September 23, 2022. Florida Florida amended its regulation implementing Florida’s statute on excise tax. The…
Loretta Salzano will be speaking on a variety of hot topics at key conferences throughout the country. Conference attendance is a great way to stay informed on the latest happenings in the industry – and it provides a fabulous opportunity…
Since our inception, we’ve remained committed to delivering the highest quality of services to our clients, and we are honored and humbled to reach this milestone. We are excited to have the continued privilege to provide practical advice and solutions…
Fannie Mae On February 2, 2022, Fannie Mae issued Selling Guide 2022-01, which updated Section B5-3.2-06 related to the Renovation Loan Agreement. The Renovation Loan Agreement (Form 3731) has been revised to reflect these changes. Form 3731 is revised to…
California The Governor of California signed into law Assembly Bill 948, the Fair Appraisal Act (“Act”). While most provisions apply to appraisers licensed under the Real Estate Appraisers’ Licensing and Certification Law, the Act also amends the Civil Code to…
Loretta Salzano will be speaking on a variety of hot topics at key conferences throughout the country. Conference attendance is a great way to stay informed on the latest happenings in the industry – and it provides a fabulous opportunity…
FHFA Announces GSE Conforming Loan Limits for 2022 The Federal Housing Finance Agency (“FHFA”) announced that the maximum conforming loan limit for first mortgages secured by one-unit properties acquired by Fannie Mae and Freddie Mac in 2022 will be $647,200,…
Colorado The Governor of Colorado signed House Bill 1282, which enacts the Nonbank Mortgage Servicer Act. The Act took effect January 1, 2022. Illinois The Governor of Illinois signed into law Senate Bill 595, which amends the legal procedures for…