Fannie Mae issued Selling Guide Announcement SEL-2022-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae updated requirements to allow the
Fannie Mae revised the Texas Home Equity Security Instrument Form (Form 3044.1). The revision to the Texas Home Equity Security Instrument removes language in the
Fannie Mae issued Servicing Guide Announcement SVC-2022-05 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: added requirements for compliance with
Fannie Mae issued Lender Letter LL-2022-03, mandating the use of Supplemental Consumer Information Form (Form 1103) for loans sold to Fannie Mae with application dates
Fannie Mae updated Lender Letter LL-2021-03: Impact of COVID-19 on Origination to remove the suspension of bulk acquisitions, and update the allowable delivery time for
Fannie Mae issued Selling Guide Announcement SEL-2022-06 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: added requirements for compliance with
Freddie Mac issued Bulletin 2022-14 and Fannie Mae issued Lender Letter LL-2022-02, providing requirements for loans impacted by the Equifax coding issue. Per the Bulletin
Fannie Mae updated the area median incomes (AMIs) used to determine a borrower’s eligibility for HomeReady mortgage loans and RefiNow transactions. The 2022 AMIs will
Fannie Mae issued Servicing Guide Announcement SVC-2022-04 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae: transitioned the process for ordering
Fannie Mae issued Selling Guide Announcement SEL-2022-05 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: updated policy on limited cash-out
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