Fannie Mae issued Selling Guide Announcement SEL-2021-11 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: modified the definition of principal
Fannie Mae issued Selling Guide Announcement SEL-2019-01 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae removed the requirement that the
Fannie Mae issued Selling Guide Announcement SEL-2018-01 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, monthly payments due under an IRS income
Fannie Mae issued Selling Guide Announcement SEL-2017-10 (Announcement), setting forth updates to the Selling Guide. As set forth in the Announcement, Fannie Mae updated policy
Fannie Mae issued Selling Guide Announcement SEL-2017-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, lenders must use the new Fannie Mae/Freddie
Fannie Mae issued Selling Guide Announcement SEL-2017-05, setting forth updates to the Selling Guide. Under the updated Selling Guide, Fannie Mae will accept delivery and
Fannie Mae issued Selling Guide Announcement SEL-2016-04 (Announcement). This Announcement updates the Selling Guide with respect to: modifications of single-closing conversion of construction-to permanent loans;
Fannie Mae issued Selling Guide Announcement SEL-2016-02 (Announcement). This Announcement: eliminates the continuity of obligation policy; clarifies lender obligations for reporting a breach of a
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early
Tennessee passed a bill increasing the permissible interest rate for closed-end loans under the Industrial Loan and Thrift Companies Act (ILTCA). Under the bill, the
Utah passed a bill amending the Residential Mortgage Practices and Licensing Act (RMPLA) with respect to the use of prescreened trigger lead information. Under the
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