Fannie Mae issued a modified Lender Letter LL-2021-10, to update RefiNow requirements related to eligible subordinate financing, borrower’s payment history, and base income documentation. The updated requirements are effective immediately.
Click to view the Fannie Mae Lender Letter LL-2021-10: https://www.tenaco.com/wp-content/uploads/2021/06/Update-to-Fannie-Mae-Lender-Letter-LL-2021-10-06-16-21.pdf
Sign up for mortgage regulatory updates compiled from Fannie Mae, Freddie Mac, FHA, VA, RHS, Individual State Compliance & more. Subscribe to the TENAlert to receive an email notification the same day new updates are posted!
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,
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
You will also receive an email with a link to the PDF.
