Fannie Mae updated the Evaluation Notice Model Clause exhibit and the solicitation letters for the Streamlined Modification and the Streamlined Modification Post Disaster Forbearance. The
Freddie Mac announced updates to the Massachusetts Housing Finance Agency’s (MHFA) Mortgage Insurance Fund forms. On or after October 1, 2016, lender’s selling mortgages with
VA issued Circular 26-16-12 (Circular). The Circular describes measures mortgagees may employ to provide relief to home loan borrowers affected by a natural disaster, such
The US Department of Treasury, the US Department of Housing and Urban Development (HUD), and the Federal Housing Finance Agency (FHFA) released a joint paper
Fannie Mae issued Lender Letter LL-2016-04. The Lender Letter updates the MassHousing Mortgage Insurance Fund’s loan loss reserve agreement and other forms. The Lender Letter
Fannie Mae issued Selling Guide Announcement SEL-2016-05 (Announcement). The Announcement updates the HomeReady mortgage loan product. The updates: allow an occupant borrower of a HomeReady
HUD issued Mortgagee Letter 2016-11. The Mortgagee Letter sets forth FHA policy on using FHA insurance on new Title II forward mortgages for single family
VA issued Circular 26-16-18 (Circular) setting forth origination and loan processing requirements for VA loans when a property is subject to PACE obligations. Properties that
Quality Control for Origination Classroom Course Thursday, August 25 – Friday, August 26, 2016 | Chicago, IL In today’s highly regulated and scrutinized mortgage environment,
HUD issued Mortgagee Letter 2016-10. Under the Mortgagee Letter, the compounding interest rate (commonly referred to as the growth rate) used when calculating the servicing
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
Fannie Mae revised the West Virginia Security Instrument Form (Form 3049). The revision updates paragraph 1 (pertaining to payment of principal, interest, escrow items, prepayment
Freddie Mac issued Bulletin 2025-4 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac introduced the Freddie Mac Income Calculator, designed
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