Category: Freddie Mac

Freddie Mac Selling Guide Updates – Bulletin 2019-22 – Dated November 6, 2019

Written by: Lloyd Rutherford, Staff Writer Working in the affordable lending arena is a great niche that with a little education will yield you some excellent results. This article highlights some of the opportunities and recent changes in affordable lending with Freddie Mac. Rule Synopsis: Freddie Mac is updating their selling guide for a variety […]

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Financial obligations that are part of your Divorce Decree, such as child support and alimony, are binding when it comes to financing a home. However, sometimes circumstances change that are not reflected in your Divorce Decree. This is why it’s important for us to talk about your situation before you start shopping for a home!

Related Article Title: Divorce Decree – Documenting a Change of Circumstance Question: A divorce decree states that a borrower is required to pay alimony until ex-spouse is remarried or cohabitates with someone else. The ex-spouse has been cohabitating with someone for 4 years and as such my borrower has not made an alimony payment. How […]

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Divorce Decree – Documenting a Change of Circumstance

Question: A divorce decree states that a borrower is required to pay alimony until ex-spouse is remarried or cohabitates with someone else. The ex-spouse has been cohabitating with someone for 4 years and as such my borrower has not made an alimony payment. How do I document this so that the liability is not counted? […]

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There are big changes to the Employer Assisted Homeownership Benefits guidelines that are very positive for both the employer and employee.  As employers compete for talented employees, this is one way they are winning that game. Employers, if you do not know how this works, contact me today!

Related Article Title: Freddie Mac – Bulletin 2019-2019– Dated October 2, 2019 Written by: Lloyd Rutherford, Staff Writer Wow! Big update from Freddie Mac this month. There are lots of little details so make sure that you read through this update carefully! Rule Synopsis: Freddie Mac is updating their selling guide for a variety of […]

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Freddie Mac now requires a minimum of a 12-month history for hourly, commission, bonus, overtime and tip income.

Related Article Title: Freddie Mac – Bulletin 2019-2019– Dated October 2, 2019 Written by: Lloyd Rutherford, Staff Writer Wow! Big update from Freddie Mac this month. There are lots of little details so make sure that you read through this update carefully! Rule Synopsis: Freddie Mac is updating their selling guide for a variety of […]

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