FHA issued Mortgagee Letter 2019-07, extending the effective date of Mortgage Letter 2019-06 (Downpayment Assistance and Operating in a Governmental Capacity). Per the Mortgagee Letter,
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
FHA issued Mortgagee Letter 2016-05 providing additional guidance related to Mortgagee Optional Election (MOE) assignments. This Mortgagee Letter provides mortgagees with instructions on requesting an
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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