Restricted Stock

Freddie Mac – Multiple Selling Guide Updates – Bulletin 2019-5 – Dated March 6, 2019 – Updated-Divorced & Separated Borrowers Chart – All Agencies

Written By: Lloyd Rutherford, Staff Writer This is a big update with a lot of important changes from Freddie Mac.  Take the time to digest the upcoming rule changes by reading through this article and the accompanying bulletin. Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will [...]

2019-03-10T14:30:04-05:00March 10th, 2019|

FHA – Restricted Stock Units as Income – Can restricted stock units be used as income to qualify for repaying a mortgage?

Answer: Restricted Stock Units (RSUs) have become a popular compensation and talent retention option for many tech companies.  This income can be really confusing, as this ‘compensation’ is taxed as income (typically at vesting) based on the value of the stock at that time.  RSUs themselves are not considered income for qualifying purposes on an [...]

2018-09-25T09:59:30-05:00September 25th, 2018|

Freddie Mac – Stock Income: Can “Stock Income” that is reported on W2’s, paystub and VOE be used to qualify a borrower?

Answer: Although this is not necessarily a new ‘income’ source in the professional world, it is a relatively new income source to be considered as income for mortgage repayment within the mortgage lending industry. Fannie Mae does not speak to this type of income (restricted stock or restricted stock units) but Freddie Mac specifically allows for [...]

2018-05-29T17:08:22-05:00April 24th, 2018|