Federal Housing Finance Agency Announces Extension of HARP
The Federal Housing Finance Agency (FHFA) announced the extension of the Home Affordable Refinance Program (HARP). Pursuant to the announcement, FHFA has directed Fannie Mae
The Federal Housing Finance Agency (FHFA) announced the extension of the Home Affordable Refinance Program (HARP). Pursuant to the announcement, FHFA has directed Fannie Mae
Freddie Mac issued Bulletin 2017-12 (Bulletin), announcing revisions to rental income qualification requirements. Per the Bulletin, the revisions include expanded requirements, additional specificity and guidance
Freddie Mac issued Bulletin 2017-10 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide. Under the Bulletin, Freddie Mac added a new Chapter to the Single-Family
Freddie Mac issued an industry letter announcing changes under the Home Possible Mortgage Program with respect to a borrower’s acceptance of gifts and grants from
Freddie Mac issued Bulletin 2017-9 (Bulletin), announcing updates to Freddie Mac’s servicing requirements. The servicing updates relate to: loss mitigation property valuation requirements; modification requirements
Freddie Mac issued Bulletin 2017-7 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide. Building on the collateral representation and warranty relief announced in Bulletin 2017-3,
Freddie Mac issued Bulletin 2017-7 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide. Under the Bulletin, Freddie Mac expands the mortgage types eligible for collateral
Freddie Mac issued Bulletin 2017-6 (Bulletin), announcing updates to Freddie Mac’s servicing requirements. The Bulletin announces servicing updates in response to the CFPB’s recent amendments
Freddie Mac issued Bulletin 2017-04 (Bulletin), issuing requirements with respect to the new Investor Reporting Change Initiative (Initiative) announced in Bulletin 2016-15. The Bulletin provides
Freddie Mac issued Bulletin 2017-3 (Bulletin), announcing collateral representation and warranty relief for eligible mortgages. In accordance with the Bulletin, Freddie Mac will not, with
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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