Written by: Lloyd Rutherford, Staff Writer You never want to end up on the wrong side of fraud. Even if you are innocent, you still have to contend with the cost of your defense. Freddie Mac’s “True Lies” series is a great way to stay up to date on what they have uncovered in mortgage […]
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Written by: Lloyd Rutherford, Staff Writer Self-Employed borrowers were never super-easy for originators. With COVID, they have become even more difficult. Read this article to update your knowledge on this important market segment. Rule Synopsis: Freddie Mac is updating this bulletin originally issued on November 13, 2020. The Bulletin is intended to solely address the […]
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Written by: Lloyd Rutherford, Staff Writer Trying to keep up with guideline changes can be challenging in normal environments. Throw in COVID and now we have another layer to be concerned with. Stay up to date on our monthly updates from the agency FAQs to learn what has changed. NEW Mortgage Forbearance Chart – All […]
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Written by: Lloyd Rutherford, Staff Writer This update includes many more updates than just the loan limits. Big changes for Solar Panels, Power of Attorney requirements, Home Possible LTVs, Sweat Equity and Cash-On-Hand. Read through this excellent overview from our expert regarding what you need to know! UPDATED MC Chart – Solar Panels – All […]
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Written by: Lloyd Rutherford, Staff Writer Article Intro Paragraph LPA Resubmission requirements have changed, so read through this update to find out important details. Also in this update are guidance to Condominiums, Coops, or Condo Hotels for those of you working in those markets. Rule Synopsis: Freddie Mac is updating their selling guide for a […]
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