Tag: Title

Fannie Mae & Freddie Mac – Updated FAQs for COVID – Dated September 1, 2021

Written by: Lloyd Rutherford, Staff Writer As COVID restrictions on the housing market start to unwind the FAQs are an important way to update your knowledge about what rules are or are not in effect. 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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Tax & Insurance Liability When Client is Named in a Family Trust

Body Question: Our client’s name is on a property that is under a family trust. He is one of three trustees for this property, and it is owned free and clear. How do I handle the tax and insurance liability? Answer: If your client is only on the title, or in this case as trustee […]

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Fannie Mae – Updated FAQs for COVID – Updated January 14, 2021 and Freddie Mac – Updated January 13, 2021

Written by: Lloyd Rutherford, Staff Writer FAQs are a fantastic way to get clarification on guidelines that may not have all the answers!  Take a few minutes each month to update your knowledge on the newest FAQs that we discuss in the rule’s issues.  Remember, that Mortgage Currentcy hosts the most recent FAQs on our […]

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Fannie Mae & Freddie Mac – December Updates FAQs for COVID – NEW Mortgage Forbearance Chart – All Agencies

Written by: Lloyd Rutherford, Staff Writer Trying to keep up with guideline changes can be challenging in normal environments.  Throw in COVID and now we have another layer to be concerned with.  Stay up to date on our monthly updates from the agency FAQs to learn what has changed. NEW Mortgage Forbearance Chart – All […]

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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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