Freddie Mac issued Bulletin 2019-4 (Bulletin), announcing revisions to the Single-Family Seller/Servicer Guide (Guide). Per the Bulletin, Freddie Mac: revised requirements with respect to borrowers
Fannie Mae issued Selling Guide Announcement SEL-2019-01 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae has transitioned to Loan Quality
Fannie Mae issued Lender Letter LL-2019-1 (Lender Letter), providing guidance related to the federal government shutdown. The Lender Letter clarifies Fannie Mae’s expectations and requirements
Fannie Mae issued Lender Letter LL-2019-2 (Lender Letter), establishing a 2 month minimum reserve requirement for borrowers impacted by the federal government shutdown (Shutdown). Per
Freddie Mac issued Bulletin 2019-3 (Bulletin), establishing a 2 month minimum reserve requirement for borrowers impacted by the federal government shutdown (Shutdown). Per the Bulletin,
Freddie Mac issued Bulletin 2019-2 (Bulletin), providing guidance related to the federal government shutdown. Per the Bulletin, borrowers impacted by the federal government shutdown meet
The Pennsylvania Department of Banking and Securities issued a bulletin increasing the residential mortgage threshold under the Loan Interest and Protection Law (LIPL). Under the
VA issued Circular 26-18-29, eliminating the requirement that appraisers include a Market Conditions Addendum in all VA appraisals. Appraisers are, however, still required to include
VA adopted rules amending requirements with respect to “cash-out” refinance loans. The adopted rules implement section 309 of the Economic Growth, Regulatory Relief and Consumer
Fannie Mae issued Lender Letter LL-2018-06, providing guidance related to the federal government shutdown. The Lender Letter sets forth temporary guidance with respect to selling
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