Tag: VVOE

Fannie Mae Selling Guide Announcement SEL–2020-03 – Updated August 27, 2020

Written by: Lloyd Rutherford, Staff Writer The scariest phrase in mortgage lending today is “Self-Employed Borrower”.  The agencies have gotten hypersensitive to those who own their own companies during a pandemic.  Read through this article to hear a “true confession” and the resources you need to work with clients that are self-employed! Rule Synopsis: Fannie […]

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Freddie Mac – COVID19 Updates – Condo Projects – Appraisal FAQs – ChoiceRenovation

Written by:  Lloyd Rutherford, Staff Writer Effective Immediately with all loans in Process! Rule Synopsis: Freddie Mac issued another Bulletin (2019-11) related to the COVID-19 related issues and they also updated their FAQ document to add additional questions that have cropped up due to the pandemic. Freddie Mac is taking a different approach than Fannie […]

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