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May 1, 2024
/PRNewswire/ -- In a strategic update to its Selling Guide, Freddie Mac announces the adoption of IRS Form 8821 as an alternative for obtaining tax transcript...
April 9, 2024
Fannie Mae described the appraisal profession's trajectory in limiting use of such language as a "success story."
March 11, 2024
Get creative with your ideas, get courageous with your prospecting and be consistent in your approach to building and branding.
February 7, 2024
The February Selling Guide updates the GSE's qualifying ARM interest rate and adds 10 years to the cash-out refi term for manufactured homes.
January 23, 2024
Yesterday’s Commentary had a note about Atlantic Bay’s “LinkedIn traffic picking up.” I have been assured by Atlantic Bay’s CEO that the company continues to enjoy its 27 years in business and will remain independent! I apologize for any confusion yesterday’s note caused, and the Commentary continues. The conference in New Orleans also continues, with talk of repurchases, credit & verification costs skyrocketing (you’ll see it on your ...
January 19, 2024
The deed-restricted block of buildings at Hunter Creek Condominiums has been deemed “unavailable” to conventional loans, limiting financing options for potential buyers, in part because they are “in need of critical repairs.” Hunter Creek Condominiums...
December 26, 2023
On December 20, Fannie Mae issued SVC-2023-06, announcing updates made to its Servicing Guide. The updates include new financial reporting requirements requiring large non-depository...
November 28, 2023
Partnership aimed at modernizing the appraisal industry, completing new property data reports required by the GSEs.
November 8, 2023
You should know that caffeine increases the power of aspirin and other painkillers, which is why it is found in some medicines. You should also know the “50-50-90 rule”, which definitely applies to me: Anytime you have a 50-50 chance of getting something right, there's a 90 percent probability you'll get it wrong. Cute sayings aside, one thing you don’t want to be wrong on is Fair Lending, and every lender, and their employees, should know the rules and regul...
November 2, 2023
The document also updates seller/servicer eligibility requirements and clarified shared appreciation payment policies.