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 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 issued Lender Letter LL-2017-07. Per the Lender Letter, Fannie Mae is extending the disaster policies communicated in recent Lender Letters to all hurricanes
Fannie Mae issued Lender Letter LL-2017-04, providing additional underwriting flexibility for mortgage loans impacted by Hurricane Harvey. In accordance with the Lender Letter, Fannie Mae
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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