Fannie Mae extended the expiration date of the DU Refi Plus program and the Refi Plus program. The new expiration date is September 30, 2017
Fannie Mae announced a newly redesigned Uniform Residential Loan Application (URLA) along with a corresponding standardized Uniform Loan Application Dataset (ULAD) Mapping Document. The redesigned
Fannie Mae issued Servicing Guide Announcement SVC-2016-07 (Announcement). The Announcement: sets forth the Independent Dispute Resolution (IDR) process for servicing breaches under the remedies framework
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
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
Fannie Mae issued Servicing Guide Announcement SVC-2016-06 (Announcement). The Announcement: establishes servicer responsibility for monitoring a post- foreclosure bankruptcy attorney (based on the timing of
Fannie Mae updated the area median incomes used to determine a borrower’s eligibility for HomeReady mortgage loans. The 2016 HomeReady income limits will be available
Fannie Mae issued Selling Guide Announcement SEL-2016-05 (Announcement). The Announcement: updates the Selling Guide to simplify the way income limits are applied for HomeReady; updates
Fannie Mae issued Servicing Guide Announcement SVC-2016-05 (Announcement). This Announcement updates the Servicing Guide with respect to: retirement of delinquency counseling requirements for community lending
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