News & Analysis as of

Mortgage Servicers Executive Orders

Orrick, Herrington & Sutcliffe LLP

FHA rescinds three appraisal policies in new mortgagee letter

On March 19, the FHA rescinded three mortgagee letters related to appraisal policies in its Single Family Housing programs through Mortgagee Letter 2025-08. The letter rescinds FHA Single Family Housing policy changes issued...more

Morgan Lewis

New York Executive Orders Temporarily Limit Bank, Mortgage Servicer, and Landlord Remedies

Morgan Lewis on

In response to the coronavirus (COVID-19) crisis, New York Governor Andrew Cuomo has issued two executive orders that place temporary restraints on the ability of banks, residential mortgage servicers, and landlords to...more

Ballard Spahr LLP

NY Allows Remote Notarization for Real Estate and Mortgage Industries

Ballard Spahr LLP on

On March 20, 2020, Governor Andrew Cuomo of New York issued Executive Order 202.7 (Order). This Order makes an important directive, effective through April 18, 2020, pursuant to the Governor’s authority during a disaster or...more

Sullivan & Worcester

May, June and July Developments

Sullivan & Worcester on

With a straight face, President Trump has issued an executive order on June 20th that would expand Apprenticeship opportunities in the US in order to expand jobs. The CFTC has adopted some final rules on records...more

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