Fannie Mae Waives Loan-Level Price Adjustments for Specified Loans
Fannie Mae issued Lender Letter LL-2022-05, waiving loan-level price adjustments (LLPAs) for HomeReady loans, loans for first-time homebuyers with income at or below applicable area
Fannie Mae issued Lender Letter LL-2022-05, waiving loan-level price adjustments (LLPAs) for HomeReady loans, loans for first-time homebuyers with income at or below applicable area
Fannie Mae issued Lender Letter LL-2022-01: Loan-Level Price Adjustments (LLPAs). The LLPAs apply to second homes and high balance mortgage loans. In addition, Fannie Mae
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice, Default Status Code 10 was
FHA adopted a rule amending housing counseling agency communication methods. Per the rule adoption, participating agencies may provide housing counseling services at a facility or
VA issued Circular 26-24-19, clarifying documentation requirements related to supporting itemized fees and charges to the borrower (or assumer). Per the Circular, reasonable and customary
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