Ginnie Mae Increases Maximum Loan Amount for High Balance Loans
Ginnie Mae increased the maximum loan amount for high balance loans. In 2018, the maximum loan amount for a high balance loan secured by a
Ginnie Mae increased the maximum loan amount for high balance loans. In 2018, the maximum loan amount for a high balance loan secured by a
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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