Tag: LPA

Freddie Mac Selling Guide Updates – Bulletin 2020-43 – Dated November 4, 2020

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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Fannie Mae – Updated FAQs for COVID – Updated September 17, 2020 and Freddie Mac – Updated FAQs for COVID – Updated September 24, 2020

Written by: Lloyd Rutherford, Staff Writer The COVID FAQs from Fannie Mae and Freddie Mac are huge.  It is important to keep up with how COVID related issue will affect your clients now and into the future. Rule Synopsis: The GSE’s (Fannie Mae and Freddie Mac) have updated their FAQ documents for COVID related (temporary) […]

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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 – LPA Feedback Message Updates – Effective March 29, 2020

Written by: Lloyd Rutherford, Staff Writer LPA [Loan Product Advisor] continues to become more sophisticated to assist lenders in avoiding mistakes that result in denied loans or buybacks.  Read through this article to learn the new feedback messages being adopted by Freddie Mac in March. Rule Synopsis: Freddie Issues notification that they are updating Feedback […]

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