Fannie Mae issued Servicing Guide Announcement SVC-2018-05 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae has partnered with certain mortgage
Fannie Mae issued Lender Letter LL-2018-03, updating and streamlining the process for terminating conventional mortgage insurance (MI). The updated process relates to borrower-initiated requests for
Fannie Mae issued Lender Letter LL-2018-04, announcing disaster policy updates and reminders. Pursuant to the Lender Letter, Fannie Mae increased the maximum reimbursement limit for
Fannie Mae issued Selling Guide Announcement SEL-2018-05 (Announcement), setting forth updates to the Selling Guide. As outlined in the Announcement, the Selling Guide has been
Fannie Mae issued Servicing Guide Announcement SVC-2018-04 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae consolidated current forbearance plan workout
Fannie Mae issued Lender Letter LL-2018-02, providing updates and additional details regarding the upcoming High Loan-to-Value Refinance option (available later this year). Fannie Mae introduced
Fannie Mae updated the area median incomes used to determine a borrower’s eligibility for HomeReady mortgage loans. The 2018 HomeReady income limits will be available
Fannie Mae issued Servicing Guide Announcement SVC-2018-03 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae updated requirements with respect to
Fannie Mae issued Reverse Mortgage Servicing Manual Announcement RVS-2018-01 (Announcement), setting forth updates to the Reverse Mortgage Loan Servicing Manual (Manual). Per the Announcement, servicers
Fannie Mae issued Selling Guide Announcement SEL-2018-03 (Announcement), setting forth updates to the Selling Guide. As outlined in the Announcement, the Selling Guide has been
RHS issued a SFH Guaranteed Origination Notice (Notice) revising the effective date of a recently adopted rule amending manufactured housing provisions under the Single Family
RHS issued a SFH Guaranteed Servicing Notice (Notice) revising the effective date of recent revisions to the SFH Guaranteed Loan Program (SFHGLP) Technical Handbook (HB-1-3555).
Arizona adopted a rule permitting employees (including loan originators) to work at remote locations. Under the adopted rule, a mortgage banker licensed under the Mortgage
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