Tag: FHFA

Fannie and Freddie Publish Refinance & Home Purchase Eligibility Requirements for Borrowers in Forbearance – FNMA LL-2020-03 – Updated May 19, 2020 and FHLMC Bulletin 2020-75 – Dated May 93, 2020 and FHFA Media Announcement – Dated May 19, 2020

Written by Lloyd Rutherford, Staff Writer Rule Synopsis: The GSE’s (Fannie Mae and Freddie Mac), at the direction of their regulator (the FHFA), have released information on temporary eligibility requirements for borrowers who are in forbearance, or recently ended their forbearance and are now looking to refinance an existing home or buy a new home. […]

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FAQs for COVID-19 Impact – Fannie Mae Lender Letter 2020-3, 2020-4- Freddie Mac Bulletin 2020-14 and FAQs.

Written by: Lloyd Rutherford, Staff Writer Staying up to date with all of the temporary guidance for COVID-19 is a challenge, to say the least.  Our experts are scouring through all of these updates and breaking them down to help guide you through these changes. Rule Synopsis: The GSE’s (Fannie Mae and Freddie Mac), at […]

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Fannie Mae & Freddie Mac Issue Covid19 Temporary Guidance – What You Need to Know!

Written by: Lloyd Rutherford, Staff Writer This is a must read article for anyone originating conventional loans. Fannie Mae and Freddie Mac have issued additional temporary guidance changes to assist lenders in navigating their pipeline during the Covid19 Pandemic. There have been a lot of releases and some of them are duplicated, so our expert […]

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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 & 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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