RHS Amends Income Limits under Single Family Housing Guaranteed Loan Program
RHS amended the income limits under the Single Family Housing Guaranteed Loan Program. Appendix 5 of the Single Family Housing Guaranteed Loan Program Technical Handbook
RHS amended the income limits under the Single Family Housing Guaranteed Loan Program. Appendix 5 of the Single Family Housing Guaranteed Loan Program Technical Handbook
FHA published the quarterly update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). Revisions to the SF Handbook include updated policy guidance, clarifications,
Freddie Mac issued Bulletin 2019-16 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac amended: area median income limits for Home
Fannie Mae issued Selling Guide Announcement SEL-2019-06 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae amended: HomeReady income limits; IRS
Freddie Mac extended the effective date of the revised HOME Possible mortgage requirements (previously announced in Bulletin 2019-07). Bulletin 2019-07 revised Home Possible mortgage requirements
VA issued Circular 26-19-17: Funding Fee Guidance to Lenders and Servicers. Per the Circular, a lender: Must not advise a borrower who believes they are
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 Lender Letter LL-2019-06, amending income eligibility requirements for HomeReady loans. Per the Lender Letter, to be eligible for a HomeReady loan, a
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
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