News & Analysis as of

Freddie Mac New Legislation

McGlinchey Stafford

COVID Law Imposes Forbearance and Loss Mitigation Requirements

McGlinchey Stafford on

On June 17, 2020, Governor Andrew Cuomo signed S8428/A10530 and S8243-C/A10351-B into law. Collectively, in relevant part, the legislation creates N.Y. Banking Law ยง 9-x, which relates to residential forbearances as a result...more

Clark Hill PLC

Window on Washington - Vol. 1, Issue 40

Clark Hill PLC on

Busy January: Congress has left town with a long list of items that it will need to handle in January and throughout the first quarter of 2018. The continuing resolution that Congress just passed only funds the government...more

Ballard Spahr LLP

New Law Affects FHA Requirements for Condominium Financing

Ballard Spahr LLP on

President Obama signed the Housing Opportunity Through Modernization Act (H.R. 3700) into law on July 29. Title III of the Act will significantly modify Federal Housing Administration (FHA) condominium mortgage insurance...more

Ballard Spahr LLP

Oklahoma Issues Guidance on New Mortgage Lender License

Ballard Spahr LLP on

The State of Oklahoma provided guidance regarding implementation of a recent amendment to its Secure and Fair Enforcement for Mortgage Licensing Act (Oklahoma SAFE Act)....more

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