With the mortgage industry now using the redesigned Uniform Residential Loan Application, Fannie Mae and Freddie Mac today reminded lenders that as of May 1, the GSEs will no longer accept new loans submitted that use legacy formats. Subsequent resubmissions of loan casefiles already in the legacy format may continue on an as-needed basis through Feb. 28, 2022.
ABA, associations urge House to overturn SEC treatment of crypto custody assets
In a letter to House leaders, ABA and three banking associations expressed their support for a joint resolution to overturn...