Tag: VOE

Freddie Mac Selling Guide Updates – Bulletin 2021-12 – Dated April 7, 2021

Written by: Lloyd Rutherford, Staff Writer In this update, Freddie Mac releases important updates to Affordable Lending, Income and Assets and the 10-Day Pre-Closing Verification requirements. Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will focus on the topics that benefit originators. The updates announced in this […]

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Freddie Mac Selling Guide Updates – Bulletin 2021-9 – Dated March 3, 2021 – Multiple Effective Dates

Written by: Lloyd Rutherford, Staff Writer This selling guide update has a couple of small surprises and one big one.  Be sure to read through this article to determine what you need to check in your pipeline! Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will focus […]

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FAQs for COVID-19 Impact – Fannie Mae Lender Letter 2020-3, 2020-4- Freddie Mac Bulletin 2020-14 and FAQs.

Written by: Lloyd Rutherford, Staff Writer Staying up to date with all of the temporary guidance for COVID-19 is a challenge, to say the least.  Our experts are scouring through all of these updates and breaking them down to help guide you through these changes. Rule Synopsis: The GSE’s (Fannie Mae and Freddie Mac), at […]

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Fannie Mae Updated Lender Letter LL-2020-04 – COVID19 Impact to Appraisals – Condos – Renovation – FAQs

Written by:  Lloyd Rutherford, Staff Writer Rule Synopsis: Fannie Mae published UPDATED directions and guidance for appraisals (LL-2020-4) due to the impact on industries due to COVID-19 and these updates caused the FAQ document to be updated as well. Fannie Mae is using the original Lender Letters and their original FAQ document to update and […]

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USDA Covid-19 Guideline Updates – Appraisals – Repair Inspections & Employment Verification

USDA posted an announcement on April 8th 2020 addressing flexibility and guidance during the Covid-19 pandemic. The announcement is addressing similar issues to the other agencies such as appraisals and employment verifications, so just like the other agency announcements we recommend that you review them in their entirety if these programs are a large part […]

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