Colorado Amends Renewal Deadline Date for Supervised Lender License under Uniform Consumer Credit Code

Colorado passed a bill amending the renewal deadline date for a supervised lender license under the Uniform Consumer Credit Code. Under the bill, the renewal deadline date for a supervised lender license was changed to July 1st of each year (previously January 31 st of each year). As a result of the change, licenses issued in 2023 expire on July 1, 2024. The Colorado Attorney General may assess an additional fee in January 2024 to cover the costs of administering this change. The bill went into effect August 8, 2023.

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Latest Regulatory News from the TENAlert Blog

State Compliance Summary

Delaware Repeals Sunset Date of Automatic Residential Mortgage Foreclosure Mediation Program

Delaware passed a bill repealing the sunset date of the Automatic Residential Mortgage Foreclosure Mediation Program (Program). Under the bill, the sunset date of the

August 16, 2024

Rural Housing Service

RHS Adopts Final Rule Amending Special Servicing Options for Non-Performing Loans and Adjusting the Mortgage Recovery Advance Process

RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing the adoption of a final rule amending special servicing options for non-performing loans and adjusting the

August 16, 2024

Freddie Mac

Freddie Mac Issues Bulletin 2024-11: Servicing Updates

Freddie Mac issued Bulletin 2024-11 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to accounting cycle policies are

August 14, 2024

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