Written by: Lloyd Rutherford, Staff Writer Here we go again! The timeline for the New 1003 has been revised due to the Pandemic. Read through this article for important date changes. Rule Synopsis: Fannie Mae and Freddie Mac announce the delay of the “Go Live” date for mandatory use of the updated and redesigned URLA […]
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Written by: Lloyd Rutherford, Staff Writer There have been a lot of changes and also changed effective dates for the new loan application. Stay up to date on what changed…again…and what you should prepare for in the upcoming months. Rule Synopsis: Fannie Mae and Freddie Mac released the “Go Live” date for mandatory use of […]
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Written by: Lloyd Rutherford, Staff Writer Here’s the latest update on the four-year-old “New URLA” drama! Rule Synopsis: Fannie Mae and Freddie Mac released information to inform the industry that they have published the updated and redesigned URLA (Form 1003 or Form 65) and supporting documentation. Interpretive Comments: Do you want to know how fast […]
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Written By: Lloyd Rutherford, Staff Writer It’s just around the corner! Soon we’ll all be using the new loan application. Read through this update for additional FAQs published by Fannie Mae and Freddie Mac. Rule Synopsis: Fannie Mae and Freddie Mac published an updated FAQ document for the new “Uniform Residential Loan Application” that is […]
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