Issue: Rules – March 10, 2020

Fannie Mae & Freddie Mac Covid 19 Temporary Guidance for Mortgage Processes

Written by:  Lloyd Rutherford, Staff Writer The Coronavirus, aka COVID-19, is unlike anything we have ever seen in our lifetime. Our Fannie and Freddie expert has read through and interpreted the main takeaways for our subscribers, and we strongly recommend that everyone take the time to read through this. Rule Synopsis: The GSE’s (Fannie Mae […]

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Fannie Mae Selling Guide Announcement SEL–2020-01 – Dated February 5, 2020

Written by: Lloyd Rutherford, Staff Writer Fannie Mae selling guide announcements contain a montage of updates that are important to read through when they are issued.  Following is the scoop on their latest guideline changes. Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This article will focus on the […]

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Fannie & Freddie Announce Agency Credit Score Solicitation – Dated February 18, 2020

Written by: Lloyd Rutherford, Staff Writer Just when you think you have mastered the credit scoring models, the agencies let you know that they may be changing them.  Read through this article to see what may be happening to credit scores in the next couple of years. Rule Synopsis: The GSE’s (Fannie Mae and Freddie […]

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Fannie Mae – FAQ’s – Appraisal Quality Monitoring (AQM) – Dated February 2020

Written by: Lloyd Rutherford, Staff Writer There is a lot about the appraisal process that goes unnoticed and can cause chaos on your loan files.  Those who pay attention to how the appraisal system works are in a better position to save a client’s loan, and stress less about getting the loan to closing! Rule […]

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Refinance Mania – Top 10 Tips for Success!

Written by:  Tammy Butler, Publisher-Mortgage Currentcy Refinance mania has hit, and this is a great time to make a little money to cover the lean times. However, in doing that, it is essential to be aware of issues that can cause your business problems after the market has settled down a bit. Here are our […]

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