VA issued Circular 26-22-18 (Circular), announcing the Federal Housing Finance Agency maximum conforming loan limits (CLL) for 2023. Per the Circular, VA announced that the
Fannie Mae and Freddie Mac increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2018. The 2018 maximum
Ginnie Mae revised the definition of a “high balance loan” in accordance with the increased 2017 conforming loan limits announced by the Federal Housing Finance
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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