Tag: Pension

VA, Certificate of Eligibility (COE) Enhancements to Streamline Income Verification – Circular 26-21-03 – Effective March 19, 2021.

Written by: Tracey Rumsey, Staff Writer VA is making procedural changes to the certificate of eligibility and verification of benefits.  These are important changes, so if you work with Veteran clients you need to read this update. Effective date March 19, 2021 Summary Beginning March 19, 2021, lenders should no longer submit VA Form 26-8937, […]

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Fannie Mae Selling Guide Updates – SEL-2020-07 – Dated December 16, 2020

Written by: Lloyd Rutherford, Staff Writer Selling guide updates are always an important read!  This month there are some big changes that will help you do more business. Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This article will focus on the topics that benefit originators. The updates announced […]

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Fannie Mae Issues Fact Sheet for the Impact to Tax Returns and Income Reporting due to the Tax Cuts and Jobs Act – Dated April 16, 2019 [NEW MTP™- The Top 6 Tax Return Changes Affecting Income Documentation] AND [Updated Chart – Retirement Income Chart]

Written By:  Lloyd Rutherford, Staff Writer Those who master the art of deciphering the tax return for qualification purposes are those who master their market.  The tax return and requirements have changed drastically.  This article will keep you up to date on what you need to know. Rule Synopsis: Fannie Mae publishes a useful Fact […]

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