Tag: LLPA

Fannie Mae Lender Letter LL–2021-08 – Dated March 10, 2021 and Freddie Mac Bulletin 2021-11 – Dated March 31, 2021

Written by: Lloyd Rutherford, Staff Writer Second homes and Investment Property financing has tightened up based on a new mandate to Fannie Mae and Freddie Mac from the Treasury Department.  Pay attention to this article because it may affect some of the loans you have in your pipeline. Rule Synopsis: Fannie Mae and Freddie Mac […]

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Fannie Mae LL-2020-12 – New Adverse Market Refinance Fee – Freddie Mac Bulletin 2020-37 – Update to Market Condition Credit Fee in Price

Written by: Lloyd Rutherford, Staff Writer The new adverse market fee for refinances caused quite a stir in our industry recently. Read this article to find out which transactions are exempt from that fee! Rule Synopsis: Fannie Mae and Freddie Mac update their information on the addition of the new 50 basis point pricing hit. […]

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