Freddie Mac extended the effective date for the revised rental income qualification requirements announced in Single-Family Seller/Servicer Guide Bulletin 2017-12. The effective date of the revised rental income qualification requirements has been extended to November 30, 2018 (previously effective February 9, 2018). However, lenders may implement the revised requirements in their entirety immediately.
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
