Tag: LOS

Universal – Alternatives to the Traditional LOS System? An Insights Report from STRATMOR Group

Written By:  Tammy Butler, Master CMB The CFPB continues to clarify industry questions from lenders regarding TRID disclosures and RESPA requirements.  In this update the bureau addresses, construction loans. Interpretive Comments: Collecting data and watching for trends in our industry is one of the many tasks performed by STRATMOR Group, a mortgage industry advisory firm.  […]

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Fannie Mae HomeReady FAQ’s and HomeReady Product Matrix – Updated March 22, 2018 – New Fannie Mae Chart Added – HomeReady Matrix™

By: Lloyd Rutherford, Staff Writer Fannie Mae has added to their HomeReady™ FAQ document and issued a HomeReady™ Product Matrix.  If you work with the HomeReady™ program, be sure to read this update. Rule Synopsis: Fannie Mae updated their HomeReady™ FAQ document and their Product Matrix – the update really was to adapt the links […]

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Fannie Mae-HomeReady® FAQ’s – Updated January 24, 2018

By: Lloyd Rutherford, Staff Writer Fannie Mae expanded their HomeReady® FAQ document to assist more lenders in using the program.  This is a great program to know and understand, so take the time to read through this update and the materials referenced. Rule Synopsis This document has 39 total questions. Fannie Mae has not updated […]

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Fannie Mae DU Validation Service FAQ’s – Updated January 16, 2018

By: Lloyd Rutherford, Staff Writer Using DU can be a complete pleasure or a real pain!  As lenders have questions, Fannie releases updated DU Validation Service FAQs.  It’s important to read through these as they are issued to correct any issues you may be having. Rule Synopsis: Fannie Mae updated their DU Validation FAQ document. […]

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