condominium

Freddie Mac- Multiple Selling Guide Updates – Bulletin 2018-18 – Dated October 17, 2018 [NEW MTP™ Freddie Mac HomePossible® Program|UPDATED Condo Eligibility Chart|Updated 97% Fannie vs. Freddie Chart|UPDATED MTP™-Freddie Condos That Don’t Qualify]

Written By: Lloyd Rutherford, Staff Writer Freddie Mac continues to make some big changes to their guidelines.  Sometimes they giveth and sometimes they taketh away.  Read this update to see what is new and what has changed. Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will focus [...]

2018-11-09T08:47:41-05:00November 9th, 2018|

Freddie Mac – Multiple Selling Guide Updates – Bulletin 2018-13 – Dated August 29, 2018-Multiple Effective Dates – UPDATED 97% Chart – UPDATED Student Loan Chart

Written By: Lloyd Rutherford, Staff Writer Updates, changes, consolidations, effective dates…Wow!  Freddie was busy this month.  There are a lot of changes here, so be sure to read through them all to stay up to date! Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will focus on [...]

2018-10-16T17:15:29-05:00September 9th, 2018|

Fannie Mae Selling Guide Announcement SEL-2018-07 – Dated September 4, 2018

Written By: Lloyd Rutherford, Staff Writer Fannie Mae has some exciting news about Property inspection waivers that will serve many of you well.  In addition, there are condo updates that you need to read through to keep up to date. Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This [...]

2018-09-10T11:24:22-05:00September 9th, 2018|

Fannie Mae Selling Guide Announcement SEL-2018-05 – Dated June 5, 2018 – NEW CHART-Manufactured Homes-All Agencies-UPDATED Chart-Condo Project Reference Chart-UPDATED MTPs™ Fannie Condo Project Approval Rules-Fannie Prohibited Condos, NEW MTP™ – Manufactured Homes Back in Fashion

By: Lloyd Rutherford, Staff Writer Manufactured Homes are becoming a strong and viable alternative in areas where prices have become unaffordable for many buyers.  The new options in this sector are looking pretty nice, and gone are many of the “old stigmas” about manufactured housing.  All originators should take a look at this update to [...]

2018-07-10T10:49:57-05:00July 6th, 2018|

Freddie Mac Multiple Selling Guide Updates – Bulletin 2018-5 – Dated March 28, 2018 – Effective Immediately and June 28, 2018

By: Lloyd Rutherford, Staff Writer Freddie Mac is increasing their LTV’s, TLTV’s and HTLTV’s for Condominiums, Second Homes and 2-Unit Primary Residences.  Plus, many other Condo changes. Be sure to read through this article thoroughly to ensure you are up to date! Rule Synopsis: Freddie Mac is updating their selling guide for a variety of [...]

2018-05-29T17:38:26-05:00April 9th, 2018|