Tag: Escrow

Will Fannie or Freddie allow an escrow waiver for flood insurance?

Question: Do either Fannie Mae or Freddie Mac allow escrow waivers when a property is in a flood zone, or is it mandatory to escrow? Flood Insurance Requirements – All Agency Chart Answer: Escrow waiver policies for Fannie Mae and Freddie Mac are outlined below in the Reference section.  I see nothing here that makes […]

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Fannie Mae – Selling Guide Announcement SEL-2019-01 – Dated February 6, 2019

Written By: Lloyd Rutherford, Staff Writer Several selling guide updates were issued to clarify policy.  Read this article to stay up to date on those changes. 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 […]

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