Freddie Mac issued Bulletin 2019-1 (Bulletin), providing guidance related to the federal government shutdown. The Bulletin sets forth temporary guidance on selling and servicing policies that may be impacted by the government shutdown. The policies are effective immediately and automatically expire when the government resumes full operations.
Fannie Mae
Fannie Mae Updates Area Median Incomes used to Determine Borrower Eligibility for HomeReady, RefiNow and Duty to Serve Loans
Fannie Mae updated the area median incomes (AMIs) used to determine a borrower’s eligibility for HomeReady, RefiNow, and Duty to Serve loans. The 2024 AMIs
May 13, 2024
