With the passage of new laws in Massachusetts and Delaware, all but five states, as well as the District of Columbia, now have permanent laws in place permitting remote online notarization (“RON”).

Regulatory Updates

Texas Updates Regulations Impacting Mortgage Originations and Mortgage Servicing

Reversal of “Chevron Deference” Doctrine Gives Rise to Regulatory Uncertainty

FHA Distinguishes GSEs from Government Institutions

VA Announces Foreclosure Moratorium as Servicers Implement New Loan Repayment Program

CFPB Investigating Junk Fees in Mortgage Transactions

FHA Announces New Cybersecurity Incident Reporting Requirements

FHA Increases Maximum Allowable Assumption Fee

Fannie Mae Publishes Fair Servicing Best Practices Guide

Illinois Legislation Prohibits Misleading Marketing Aimed at Borrowers

Texas Authorizes Remote Ink Signed Notarizations

Illinois Allows Loan Originators to Work Remotely

California Becomes Latest State to Permit RON

Maine Adds Annual PMI Cancellation Notice Requirement

North Dakota Revises Licensing for Lenders; Adds Licensing Requirement for Servicers

North Carolina Delays Effective Date for Remote Electronic Notarization Act

Maine Requires Mortgage Holders to Notify Homeowner’s Insurance Company of Sale or Transfer of Mortgage

FHA Seeks Industry Input on New Partial Claim Program

FHFA Announces Rescission of DTI-Based Fees

FHA Extends COVID-19 Forbearance Through May

Massachusetts and Delaware Become Latest States to Permit Remote Online Notarization

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