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<title>Washington State Foreclosure Prevention Fee – Remittance Information</title>
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<p class="MsoNormal">Hello WLTA Members,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">More on SB 5686.  We will discuss this at our next board meeting on Thursday, August 21, 2025.  See you then! 
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<div>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#003087">Ashley B. Callahan</span></b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#003087"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#003087">WLTA, President<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#003087"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">Direct Line: 425.835.7404<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><a href="mailto:acallahan@ortc.com"><span style="color:#003087">acallahan@ortc.com</span></a><o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> WA OIC <<a href="mailto:insurance.wa@public.govdelivery.com">insurance.wa@public.govdelivery.com</a>>
<br>
<b>Sent:</b> Thursday, July 17, 2025 3:01 PM<br>
<b>To:</b> <a href="mailto:EXECDIRECTOR@WASHINGTONLANDTITLE.COM">EXECDIRECTOR@WASHINGTONLANDTITLE.COM</a><br>
<b>Subject:</b> Washington State Foreclosure Prevention Fee </span><span style="font-size:11.0pt;font-family:"Sans Serif Collection",sans-serif">�</span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> Remittance Information<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:1.0pt;font-family:"Helvetica Neue";color:white">Updates from the OIC
<o:p></o:p></span></p>
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<span style="font-size:15.0pt;font-family:"Arial",sans-serif;color:black">Washington State Foreclosure Prevention Fee – Remittance Information</span><span style="font-size:15.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></h1>
<p style="margin-bottom:12.0pt"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#232323">This message is being sent on behalf of the Washington State Department of Commerce.<o:p></o:p></span></p>
<p style="margin-bottom:12.0pt"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#232323"><a href="https://links-2.govdelivery.com/CL0/https:%2F%2Flawfilesext.leg.wa.gov%2Fbiennium%2F2025-26%2FPdf%2FBills%2FSession%2520Laws%2FSenate%2F5686-S2.SL.pdf%3Fq=20250613152103%26utm_content=%26utm_medium=email%26utm_name=%26utm_source=govdelivery%26utm_term=/1/010101981a6824a1-b8957852-f790-4ba4-b3d6-9174632f5614-000000/gjbwViKbt1Ml9kJsSdoUrSfCO-ynTRX5C-EdJyZF-KA=414" target="_blank"><span style="color:#1D5782">Expanding
 and Funding the Foreclosure Mediation Program</span></a> (E2SSB 5686) becomes effective July 27, 2025. E2SSB 5686 amends the Deeds of Trust Act, chapter 61.24 RCW, to expand and fund the foreclosure mediation program that is overseen by the Department of Commerce.
 Section 8 of E2SSB 5686 requires the assessment and collection of a new Foreclosure Prevention Fee.<o:p></o:p></span></p>
<p style="margin-bottom:12.0pt"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#232323">Detailed payment instructions and information regarding Individualized Agreements are now available on the Department of Commerce’s Foreclosure Fairness
 Program <strong><span style="font-family:"Arial",sans-serif"><a href="https://links-2.govdelivery.com/CL0/https:%2F%2Fwww.commerce.wa.gov%2Fhomeownership%2Fforeclosure-fairness%2F%3Futm_content=%26utm_medium=email%26utm_name=%26utm_source=govdelivery%26utm_term=/1/010101981a6824a1-b8957852-f790-4ba4-b3d6-9174632f5614-000000/IlaZfToF7asq3pZ9RIv_7fdiHqO-yTDbrrGelBkCDVM=414" target="_blank"><span style="color:#1D5782">website</span></a></span></strong> under the
 “Foreclosure Prevention Fee” dropdown menu.<o:p></o:p></span></p>
<p style="margin-bottom:12.0pt"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#232323">The remittance information can also be found in the links below:<o:p></o:p></span></p>
<ul type="disc">
<li class="MsoNormal" style="color:#232323;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l0 level1 lfo3">
<strong><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><a href="https://links-2.govdelivery.com/CL0/https:%2F%2Fdeptofcommerce.app.box.com%2Fs%2Fnkm3g8ox5g9yaf0yeuaxhosu8fuahnq4%3Futm_content=%26utm_medium=email%26utm_name=%26utm_source=govdelivery%26utm_term=/1/010101981a6824a1-b8957852-f790-4ba4-b3d6-9174632f5614-000000/k2e7nqzANw4hjDlabijcQ6mBbOOkJRALnmDGz8jB3eE=414" target="_blank"><span style="color:#1D5782">Remittance Instructions – Foreclosure
 Prevention Fee</span></a></span></strong><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></li><li class="MsoNormal" style="color:#232323;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l0 level1 lfo3">
<strong><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><a href="https://links-2.govdelivery.com/CL0/https:%2F%2Fdeptofcommerce.app.box.com%2Fs%2Fhzicdjuo48rjl4jnunrbxop2t5pou6uf%3Futm_content=%26utm_medium=email%26utm_name=%26utm_source=govdelivery%26utm_term=/1/010101981a6824a1-b8957852-f790-4ba4-b3d6-9174632f5614-000000/O_7LvPzOuphcnOw1Vmlt3XqTMXrbU-sulqXpGcxwO2s=414" target="_blank"><span style="color:#1D5782">Electronic Funds Transfer Instructions</span></a></span></strong><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p></o:p></span></li><li class="MsoNormal" style="color:#232323;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-list:l0 level1 lfo3">
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