Fannie Mae Selling Guide Announcement SEL–2019-06 – Dated July 3, 2019

Written by: Lloyd Rutherford, Staff Writer Important updates from Fannie Mae’s seller bulletin, especially for those of you working with HomeReady® Buyers! Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This article will focus on the topics that benefit originators. The updates announced in this Selling Guide Announcement that [...]

2019-07-09T10:50:39-05:00July 10th, 2019|

USDA-Rule Update Alert!

By: David Hail, Staff Writer Rule Synopsis: The Single Family Housing Guaranteed Loan Program suspended the requirement of Internal Revenue Service (IRS) Form 4506-T for all adult household members until further notice.  The suspension is effective December 21, 2017 and applies to all final GUS and manually underwritten loan submissions to USDA. Supporting Resource: USDA-Suspension [...]

2018-06-01T13:05:07-05:00February 9th, 2018|