Updated text in first and fifth checkbox options. (Date of Release to Production: 02/22/24)

Updated text in first and fifth checkbox options. (Date of Release to Production: 02/22/24)

Updated text in first checkbox option. (Date of Release to Production: 02/22/24)

Updated by replacing the "Lender" field with "Provided By". (Date of Release to Production: 02/22/24)

Updated by replacing the "Lender" field with "Provided By". (Date of Release to Production: 02/22/24)

The Office of the Assistant Secretary for Housing – Federal Housing Commissioner has issued a final rule to amend the Department of Housing and Urban Development’s (“HUD”) requirement for branch office registration. The final rule removes the requirement under 24 CFR 202.5(k) that a lender or mortgagee must register each branch office where they conduct FHA business with HUD.

The New Jersey Department of Banking and Insurance has released Bulletin 24-01 regarding the annual review of the definition of a “high cost home loan” under the New Jersey Home Ownership Act of 2002 (the “Act”).  High cost home loans in New Jersey are subject to additional lender requirements under the Act unless the principal loan amount exceeds the maximum threshold amount. 

New Fannie Mae form (07/2021 version). (Date of Release to Production: 02/22/24)

New Fannie Mae form (07/2021 version). (Date of Release to Production: 02/22/24)

New Fannie Mae form (07/2021 version). (Date of Release to Production: 02/22/24)