Fannie Mae issued Lender Letter LL-2021-05, announcing the retirement of CMT-indexed ARMs. Per the Lender Letter, to be eligible for delivery to Fannie Mae, all CMT ARMs must have application dates on or before Jun. 30, 2021. In addition, all CMT ARMs must be purchased as whole loans on or before Sep. 30, 2021 or delivered into MBS pools with issue dates on or before Sep. 1, 2021.
Click to view the Fannie Mae Lender Letter LL-2021-05: https://www.tenaco.com/fannie-mae-lender-letter-ll-2021-05/
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FHA issued Title I Letter (TIL) TIL-489, adopting the Uniform Residential Loan Application (URLA) for the Title I loan programs. Per the TIL, FHA replaced
FHA issued Mortgagee Letter 2025-01, updating Defect Taxonomy to include Servicing Loan Reviews. Per the Mortgagee Letter (ML), FHA updated the Single Family Housing Policy
RHS adopted rules amending manufactured housing provisions under the Single Family Housing Guaranteed Loan Program. The adopted rules: The final rule is effective March 4,
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