FNMA: For certain transactions, all whole mortgage loans must be delivered by 4/29/11 or included in MBA pools with issue dates on or before 4/1/11.

FNMA: Use of SFC 165 is effective.

FNMA: For manually underwritten loans, effective date for new minimum borrower contribution and source of funds requirements, employment/income requirements, revolving DTI ratio.

Fannie Mae updates servicing guide regarding forbearance, income eligibility, & HAMP requirements. read more

Fannie Mae provides guidance to servicers for implementing Second Lien Modification Program (2MP). read more

HUD announces second HECM option, HECM Saver, with lower upfront loan closing costs… read more

HUD enhances FHA Connection to support Sponsored Originations. read more

Fannie Mae updates Selling Guide. Includes simplified high LTV ratio transactions, etc. read more

FHLMC: Effective date for enhanced fraud prevention requirements and requirement for servicers to notify Freddie Mac within 24 hours of filing a blocked property or rejected transaction report with OFAC.

FHA posts ML 10-32 for MULTIFAMILY: Revision to Policy for Partial Payment of Claims and Mortgage Modifications. read more