Written By: Lloyd Rutherford, Staff Writer If you understand how to use community seconds, especially in high cost areas, you have a leg up on your competition! Read this article to understand how these are used and how they can help you gain more business. Rule Synopsis: Fannie Mae recently updated their requirements for Community [...]
By: Lloyd Rutherford, Staff Writer Fannie Mae has big news regarding community seconds and PIWs. Be sure to fill up your knowledge tank with this update! Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This article will focus on the topics that benefit originators. For lenders that are full [...]
By: Lloyd Rutherford, Staff Writer Fannie Mae has added to their HomeReady⢠FAQ document and issued a HomeReady⢠Product Matrix. If you work with the HomeReady⢠program, be sure to read this update. Rule Synopsis: Fannie Mae updated their HomeReady⢠FAQ document and their Product Matrix â the update really was to adapt the links [...]