FHA rescinded Mortgagee Letter 2019-06: Downpayment Assistance and Operating in a Government Capacity Guidance.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 is effective immediately. Per FHA, the definitive policy guidance for FHA’s downpayment assistance program continues to be found in Section II.A.4.d.ii. of the Single Family Housing Policy Handbook 4000.1.
Fannie Mae
Fannie Mae Issues Selling Guide Announcement SEL-2025-02
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
April 3, 2025
