Freddie Mac issued Bulletin 2021-17, introducing the Refi Possible refinance mortgage. Per the Bulletin, the Refi Possible mortgage is a new “no-cash out” refinance mortgage

Freddie Mac issued Bulletin 2021-21 announcing a cap structure on the sale of mortgages secured by second home and investment properties. Per the Bulletin, for

Fannie Mae issued a modified Lender Letter LL-2021-10, to update RefiNow requirements related to eligible subordinate financing, borrower’s payment history, and base income documentation. The

RHS announced the expiration of the temporary verification of employment, appraisal and repair inspection provisions implemented on March 27, 2020 due to COVID-19. The temporary

FHA issued Mortgagee Letter 2021-14, extending the implementation date of the April 19, 2021 publication of the Single Family Housing Policy Handbook (Handbook 4000.1). Per

FHA issued Mortgagee Letter 2021-13, modifying the calculation of student loan payments for purposes of determining debt-to-income ratios. Per the Mortgagee Letter, lenders must now

FHA issued Mortgagee Letter 2021-15 to establish the new COVID-19 Advance Loan Modification option, to extend the COVID-19 foreclosure and eviction moratorium, and to expand

Freddie Mac issued Bulletin 2021-23 to extend the COVID-19 foreclosure moratorium through July 31, 202. Per the Bulletin, the foreclosure moratorium does not apply to

Fannie Mae issued Lender Letter LL-2021-02 to extend the COVID-19 foreclosure moratorium until July 31, 2021. Per the Lender Letter, the foreclosure moratorium does not

Freddie Mac issued Bulletin 2021-22 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac announced the replacement index for the Cost