FHA issued FHA Info #21-95 announcing the postponement of the transition of the Single Family Default Monitoring System from FHA Connection to FHA Catalyst. The
FHA issued Mortgagee Letter 2019-15, updating Home Equity Conversion Mortgage (HECM) requirements with respect to Mortgagee Optional Election (MOE) assignments. A MOE assignment allows a
FHA issued Mortgagee Letter 2019-14, updating loss mitigation procedures for borrowers whose home or place of employment is located in a presidentially-declared major disaster area
FHA rescinded Mortgagee Letter 2019-06: Downpayment Assistance and Operating in a Government Capacity Guidance. The Mortgagee Letter went into effect April 18, 2019. The rescission
FHA issued Mortgagee Letter 2019-11, reducing the maximum loan-to-value (LTV) and combined loan-to-value (CLTV) percentages for cash-out refinance mortgages. Per the Mortgagee Letter, the maximum
FHA indefinitely suspended the effective date of Mortgagee Letter 2019-06: Downpayment Assistance and Operating in a Government Capacity Guidance. In Mortgagee Letter 2019-06, FHA clarified
FHA published the quarterly update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). Revisions to the SF Handbook include updated policy guidance, clarifications,
FHA issued Mortgagee Letter 2019-08, clarifying and revising policy with respect to the Construction to Permanent (CP) and Building on Own Land (BOOL) programs. As
FHA corrected borrower qualification criteria for the FHA-HAMP option in the Single Family Housing Policy Handbook. FHA updated the handbook to state that the borrower’s
FHA issued a Waiver of Housing Directive (Waiver) pertaining to the timeline for initiating damage inspections in presidentially-declared disaster areas in Iowa. FHA currently requires
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
Fannie Mae revised the West Virginia Security Instrument Form (Form 3049). The revision updates paragraph 1 (pertaining to payment of principal, interest, escrow items, prepayment
Freddie Mac issued Bulletin 2025-4 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac introduced the Freddie Mac Income Calculator, designed
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