Archive for the ‘Deadlines’ Category

Jul
01
2011

FNMA: Policy changes relating to new reporting requirements in SVC-2011-12 are effective for mortgage insurance notifications of rescissions, denials, and mortgage insurer-initiated cancellations dated on or before 10/1/11. SVC 2011-12

FNMA: Policy changes relating to new reporting requirements in SVC-2011-12 are effective for mortgage insurance notifications of rescissions, denials, and mortgage insurer-initiated cancellations dated on or before 10/1/11.

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Jul
01
2011

FNMA: All outstanding repurchase requests relating to mortgage insurance rescissions, mortgage insurer-initiated cancellations, and claim denials received by lenders prior to 4/30/11 must be resolved by lender no later than 9/30/11… SVC 2011-12

FNMA: All outstanding repurchase requests relating to mortgage insurance rescissions, mortgage insurer-initiated cancellations, and claim denials received by lenders prior to 4/30/11 must be resolved by lender no later than 9/30/11… SVC 2011-12

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Jul
01
2011

HUD: 7/29/11 is last day to obtain new H4H case number. ML 2011-20

HUD: 7/29/11 is last day to obtain new H4H case number. ML 2011-20

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Jun
23
2011

HUD Multifamily: “New HUD Survey Instructions, Form HUD-92457A-M, and Report, Form HUD-92457M, will be required submission documents for multifamily housing programs in connection with firm commitments issued on or after September 1, 2011…” ML 2011-21

HUD Multifamily: “New HUD Survey Instructions, Form HUD-92457A-M, and Report, Form HUD-92457M, will be required submission documents for multifamily housing programs in connection with firm commitments issued on or after September 1, 2011…” ML 2011-21

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Jun
14
2011

HUD: EPM documents should be delivered to NSC no later than 10/24/11.

HUD: EPM documents should be delivered to NSC no later than 10/24/11.

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Jun
14
2011

HUD: Lenders with LI authority must complete insuring process on H4H cases in FHA connection on or before 9/30/11.

HUD: Lenders with LI authority must complete insuring process on H4H cases in FHA connection on or before 9/30/11.

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Jun
14
2011

HUD: H4H cases submitted under direct endorsement process must be received no later than 9/16/11.

HUD: H4H cases submitted under direct endorsement process must be received no later than 9/16/11.

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May
31
2011

FHLMC: Effective for conventional mortgages that require appraisal reports and have delivery dates on or after 3/19/12, Freddie Mac is requiring all appraisal photographs to be in color and eliminating accetability of facsimile copies of appraisal reports. Bulletin 2011-10

FHLMC: Effective for conventional mortgages that require appraisal reports and have delivery dates on or after 3/19/12, Freddie Mac is requiring all appraisal photographs to be in color and eliminating acceptability of facsimile copies of appraisal reports. Bulletin 2011-10

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May
31
2011

FHLMC: Effective for mortgages with settlement dates or appraisals with effective dates on or after 9/1/11, Freddie Mac is updating chapter 44 of Guide to align requirements for reviewing appraisal report and underwriting the property with current appraisal report forms, and to provide additional information related to properties with certain conditions or quality of construction issues. Bulletin 2011-10

FHLMC: Effective for mortgages with settlement dates or appraisals with effective dates on or after 9/1/11, Freddie Mac is updating chapter 44 of Guide to align requirements for reviewing appraisal report and underwriting the property with current appraisal report forms, and to provide additional information related to properties with certain conditions or quality of construction issues. Bulletin 2011-10

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May
31
2011

FNMA: Effective no later than 7/15/11, all servicers must use Fannie Mae Network Provider to obtain BPO or appraisal, in compliance with applicable state law, to complete evaluation of preforeclosure sale or deed-in-lieu of foreclosure… SVC-2011-06

FNMA: Effective no later than 7/15/11, all servicers must use Fannie Mae Network Provider to obtain BPO or appraisal, in compliance with applicable state law, to complete evaluation of preforeclosure sale or deed-in-lieu of foreclosure… SVC-2011-06

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