Tag: Insurance

Fannie Mae – Updated FAQs for COVID – Dated July 29, 2020 and Freddie Mac – Updated FAQs for COVID – Dated July 29, 2020

Written by: Lloyd Rutherford, Staff Writer The agencies are being bombarded with questions during COVID.  This FAQ addresses many of the most common questions.  Take the time to read through these and make your life easier! Rule Synopsis: The GSE’s (Fannie Mae and Freddie Mac) have updated their FAQ documents for COVID-related (temporary) changes to […]

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Fannie Mae – Updated FAQs for COVID – Dated July 1, 2020 and Freddie Mac – Updated FAQs for COVID – Dated July 1, 2020

Written by: Lloyd Rutherford, Staff Writer What to do with COVID-19, and its impact on your clients, continues to evolve with the agencies.  Read through this update where the agencies address the latest FAQs. Rule Synopsis: The GSE’s (Fannie Mae and Freddie Mac) have updated their FAQ documents for COVID-related (temporary) changes to Mortgage Origination, […]

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Freddie Mac Selling Guide Updates – Bulletin 2020-20 – Dated June 3, 2020

Written by: Lloyd Rutherford, Staff Writer Freddie Mac made a very convenient change for lenders seeking property insurance requirements, and helped those of you who work with condominiums.  Read through this update if you think these changes may impact your business. Interpretive Comments: Property Insurance Requirements Freddie Mac is adding the Property Insurance Requirements to […]

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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 […]

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Fannie Mae-Combined FAQ and Fact Sheet Article – Project Standards Requirements FAQ’s – Updated June 2018 – Ineligible Condo Characteristics – Updated June 2018 and At-a-Glance Condo and Insurance Requirements – Updated June 2018

By: Lloyd Rutherford, Staff Writer Fannie Mae is really pumping out the resources to help you do more condo loans and educate you on their dramatic changes. Anyone who has condos in their origination area needs to pay attention to this update and the update from Freddie Mac this month! Rule Synopsis: Due to multiple […]

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