FHA announced the forward mortgage loan limits for 2018. The 2018 “floor” and “ceiling” loan limits for a one-unit property are increased to $294,515 and $679,650, respectively (rather than $275,665 and $636,150). The 2018 “ceiling” for the special exception areas of Alaska, Hawaii, Guam and the Virgin Islands is $1,019,475. The forward mortgage loan limits apply to loans with case numbers assigned on or after January 1, 2018.
Fannie Mae
Fannie Mae Issues Servicing Guide Announcement SVC-2024-06
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.
November 14, 2024
