Archived Announcements

• 2021

  • February

    • February 18, 2021 - REMINDER - Redesigned Uniform Residential Loan Application (URLA)
    • February 2, 2021 - Holiday Closure
  • January

    • January 26, 2021 - FHA DACA Eligibility
    • January 15, 2021 - VA Temporary Forbearance Flexibility
    • January 13, 2021 - Redesigned Uniform Residential Loan Application (URLA)
    • January 5, 2021 - IRS Form 4506-C and Holiday Closure
• 2020

  • December

    • December 11, 2020 - Holiday Closure
    • December 3, 2020 - FHA 2021 Loan Limits
    • December 1, 2020 - 2021 Conforming Loan Limits
  • November

    • November 17, 2020 - Temporary Self-Employed Income Requirements
    • November 10, 2020 - FHA Temporary Forbearance Flexibility
  • October

    • October 28, 2020 - Temporary Eligibility Requirements
    • October 26, 2020 - USDA HOI and Holiday Closure
    • October 26, 2020 - Wholesale E-Documents
    • October 26, 2020 - FHA Temporary Forbearance Flexibility
  • September

    • September 28, 2020 - Columbus Day
    • September 24, 2020 - Age of Documentation - Paystubs
    • September 21, 2020 - USDA 2021 Conditional Commitment and FHA Forbearance
  • August

    • August 27, 2020 - Revised Adverse Market FEE
    • August 25, 2020 - Optimal Blue for FSM Wholesale/Correspondent
    • August 24, 2020 - Rental Housing Obligations, Lender Recertifications and Holiday Closure
    • August 20, 2020 - Temporary FHA Rental Income Guidance
    • August 13, 2020 - FNMA & FHLMC ADVERSE MARKET FEE
    • August 4, 2020 - VA IRRRL Loans and FHA Rental Income
  • June

    • June 23, 2020 - HomeReady and Home Possible 2020 Income Limits
    • June 22, 2020 - Updated Temporary Mortgage Eligibility Guidance
    • June 19, 2020 - Holiday Closure
    • June 8, 2020 - Verification of All Mortgages and Self-Employed Borrowers
    • June 2, 2020 - Revised Gov't FICO
  • May

    • May 29, 2020 - Extension for Tax Transcripts
    • May 13, 2020 - Forbearance Additional Guidance
    • May 7, 2020 - LIBOR ARM, USDA Loan Limits, Medical Dr Program and Holiday Closure Reminder
  • April

    • April 30, 2020 - Loan Modifications, Forbearance, Tax Transcripts and Tax Returns
    • April 22, 2020 - Temporary Minimum FICO for Government Loans
    • April 21, 2020 - Conforming Min FICO and Max LTV for Investment Properties
    • April 7, 2020 - VVOE and Employment - Additional Guidance
    • April 7, 2020 - Policy on Forbearance
    • April 7, 2020 - Tax Transcripts
  • March

    • March 31, 2020 - Revised Minimum FICO for FHA and VA
    • March 30, 2020 - Appraisal Temporary Guidance
    • March 30, 2020 - Good Friday Holiday Closure
    • March 27, 2020 - VVOE and Employment
    • March 27, 2020 - FHA/VA Low FICO (including low FICO streamlines)
    • March 9, 2020 - ARM Rental Gift Frozen Credit
  • February

    • February 4, 2020 - Holiday Closure Reminder
  • January

    • January 16, 2020 - VA Blue Water Navy Vietnam Veterans Act of 2019 - Entitlement and Guaranty
    • January 8, 2020 - Holiday Closure Reminder
• 2019

  • December

    • December 6, 2019 - 2020 Loan Limits
  • Novmeber

    • November 26, 2019 - Freddie Mac Student Loan Revisions, Holiday Schedule
    • November 21, 2019 - VA Funding Fee updates
    • November 15, 2019 - RD Tech Fee, Taxpayer First Act, FNMA Homebuyer Education and Holiday Closure
    • November 4, 2019 - FSM FHA Low FICO and VA Federal Delinquent Debt
    • November 1, 2019 - Name Change and Lender Recertification Reminder
  • October

    • October 31, 2019 - FNMA Homeownership Education and Rental Income updates, AML, Monthly Debt Obligations and Veterans Day
    • October 30, 2019 - FHA Condo Single-Unit Approval Process
  • September

    • September 30, 2019 - Fannie Mae Homeownership Education Updates; Holiday Closure
    • September 23, 2019 - Revised USDA Student Loan Payment
    • September 18, 2019 - Lender Recertification Requirements
    • September 16, 2019 - USDA Commitment Authority
    • September 4, 2019 - VA Certification Acknowledgment for IRRRL
    • September 3, 2019 - First State Mortgage Services, LLC
  • August

    • August 26, 2019 - First State Mortgage
    • August 19, 2019 - Holiday Closure
    • August 14, 2019 - VA and FHA Updated Refinance Requirements; updated FHA 4000.1
  • July

    • July 19, 2019 - FHA and VA Income Commencing After the Note Date Guidelines
    • July 12, 2019 - VVA IRRRL Recoupment
    • July 3, 2019 - VA Certificate of Eligibility (COE) Required for IRRRL loans and Revised Funding Fee Exemption status on COE
  • June

    • June 25, 2019 - Updated Home Possible Income Limits and Holiday Closure
    • June 17, 2019 - VA Water Testing; Updated HomeReady Income Limits, Private Flood Insurance and Flood Insurance for Detached Structures
  • May

    • May 23, 2019 - VA Handbook Revision – Ordering the COE and the Appraisal
    • May 17, 2019 - FHA Low FICO and VA Handbook Updates
    • May 6, 2019 - Fannie Mae HomeReady Update and Holiday Closure Reminder
    • May 2, 2019 - Home Possible update and FHA Extension
  • April

    • April 26, 2019 - Revised IRS Form 4506-T
    • April 24, 2019 - Third Party Origination Channel Registration and Submission Updates
    • April 16, 2019 - FNMA Loan Level Price Adjustment for Second Homes
    • April 10, 2019 - Freddie Mac Alimony & Maintenance Update
    • April 1, 2019 - Visa Requirements and Holiday closure
  • February

    • February 21, 2019 - VA Cash-Out Transactions
    • February 7, 2019 - February 2019 Holiday Closures
  • January
• 2018

  • December

    • December 19th, 2018 - 2019 FHA and VA Loan Limits; January 2019 Holiday Closures
    • December 10th, 2018 - 2019 Loan Limits, Freddie Mac Rental Income Amendments, Condo Property Flood Insurance Requirements, Fannie Flood Insurance updates and Conforming Product Suite
  • November

    • November 5th, 2018 - Updated 4506-T, Holiday Hours
  • October

    • October, 26th, 2018 - Freddie Mac Rental Income and Veterans Day
  • September

    • September 17th, 2018 - RD Commitment Authority, HARP, IRS Business Tax Transcripts, FHLMC Revisions, and Holiday Closure
  • August

    • August 23rd, 2018 - Lender Recertification Requirements; TPO HMDA Reminder
    • August 14th, 2018 - Holiday Closure, Freddie Mac Revisions and Fraud Trends
  • July

    • July 18th, 2018 - Condominum Questionnaires
  • June

    • June 13th, 2018 - HomeReady & HomePossible Updates, FHLMC & FNMA Future Income, VA Circular 26-18-3, MI Reminder and Holiday Closure
  • May

    • May 16th, 2018 - Holiday Announcement
  • April

    • April 19th, 2018 - Introducing First Look Appraisals, LLC AMC
  • March

    • March 20th, 2018 - Holiday Reminder
  • February

    • February 14, 2018 - Loan Amount Adjustments for Third Party Originators
  • January

    • January 12, 2018 - Holiday Reminder
    • January 16, 2018 - UCD/LQA and Closing Document Preparation
    • January 25, 2018 - Revised FHA/VA Seasoning; Overlay Removal; Holiday Closure Reminder
• 2017

  • December

    • December 18, 2017 - 2018 FHA and VA Loan Limits; Holiday Closure
    • December 7, 2017 - 2018 Loan Limits
    • December 1, 2017 - Freddie Mac Guide Updates; Agency Conforming Cash-Out Refinance
  • November

    • November 17th, 2017 - Amended 2018 HMDA LAR 2018
    • November 17th, 2017 - DU Loan Case Files: At least one Borrower has no credit score and another Borrower has a credit score
    • November 17th, 2017 - Assets as a Basis for Repayment of Obligations
    • November 17th, 2017 - Holiday Hours
    • November 6th, 2017 - Veterans Day Holiday
  • October

    • October, 6th, 2017 - Columbus Day Holiday
  • September

    • September 18th, 2017 - Uniform Closing Dataset (UCD); Rollout of New Front End LOS System
  • August

    • August 31st, 2017 - Labor Day Holiday; Lender Recertification Requirements
  • July

    • July 30th, 2017 - DU Version 10.1
  • June

    • June 11th, 2017 - New HDMA Rules
  • March

    • March 7th, 2017 - CFPB RE Commissions
  • January

    • January 23, 2017 - 2017 FHA Monthly Mortgage Insurance Reduction - Rescinded by HUD
    • January 10, 2017 - 2017 FHA Monthly Mortgage Insurance Reduction
• 2016

  • December

    • December 7, 2016 - 2017 Loan Limit Increases
  • November

    • November 18, 2016 - VA-IRRL Eligibility; Conventional Self-Employment K-1 Distributions & Cash Flow Analysis; New Medical Doctor Loan Product; Thanksgiving Day Closure
  • August

    • August 30, 2016 - Rural Housing Fee Change;
      FNMA HomeReady® Guideline Changes;
      Annual Recertification Required by 10-15-16
  • July

    • July 21, 2016 - USDA Upfront Guarantee
      Fee Change; Home Possible Pre-purchase Counseling Change; New FHA 92900A Requirement
    • July 7, 2016 - 4506T Processing Vendor Requirements
    • July 5, 2016 - Home Possible® Change to Median Income Limits
  • June

    • June 27, 2016 - EAD Requirement; FHA and VA Updates; USDA Participation List Form; Delay in FNMA DU 10.0 Release
  • May

    • May 20, 2016 - CFPB Home Loan Toolkit Delivery Acknowledgement
  • April

    • April 21, 2016 - MSI E-Sign Policy
    • April 19, 2016 - Changes to Require Mortgage Insurance Coverage for Home Possible® Loans
  • March

    • March 28, 2016 - USDA Changes to Qualifying and Utilization of GUS
  • February

    • February 18, 2016 - USDA Underwriting Revision
    • February 5, 2016 - FHA 4000.1 Gift Fund documentation requirements; Occupancy documentation requirements for FHA Streamline Refinances
  • January

    • January 6, 2016 - Flood Insurance Escrow Requirements
    • January 22, 2016 - Rural Housing; Changes to Utilization of GUS
• 2015

  • December

    • December 18, 2015 - Fannie & Freddie 2016 Conforming Loan Limits
    • December 9, 2015 - MSI E-Sign Policy
    • December 3, 2015 - Home Ready Mortgage Product; FHA Low Fico Product
  • November

    • November 18, 2015 - New DU Release; Product Updates; Guideline Changes
    • November 9, 2015 - Underwriting Revisions; Forms Update; Veteran's Day
  • October

    • October 30, 2015 - Expanded Access to Credit; Underwriting Updates
    • October 15, 2015 - Loan Officer Compensation; MSI Fee Schedule; MyCommunity Mortgages
  • September

    • September 30, 2015 - USDA Commitment Authority
    • September 18, 2015 - Underwriting Revisions
    • September 18, 2015 - TRID - October 3, 2015
    • September 10, 2015 - Rural Housing Upfront Fee; Conventional FRM LTV with Secondary Financing
    • September 3, 2015 - Annual Recertification Notice
    • September 2, 2015 - FHA Handbook
  • August

    • August 27, 2015 - Labor Day; Fannie Mae Limited Review
    • August 20, 2015 - Student Loans; NMLS Requirements; Jumbo Loans
  • July

    • July 28, 2015 - TRID Extension; Underwriting Updates
    • July 9, 2015 - Jumbo Appraisal Requirements; VA FICO
  • June

    • June 12, 2015 - Derogatory Credit
    • June 2, 2015 - New Jumbo Guidelines; Conforming Revolving Credit
  • May

    • May 28, 2015 - Tax Transcript Rejections; Derogatory Credit
    • May 20, 2015 - Memorial Holiday
  • April

    • April 29, 2015 - Student Loans - Conforming Loans
    • April 22, 2015 - Integrated Disclosures - Effective August 1, 2015
  • March

    • March 27, 2015 - Holiday Reminder
    • March 20, 2015 - Tax Transcripts
  • February

    • February 5, 2015 - FHA Streamline; Holiday Reminder; Florida Restrictions; RESPA
  • January

    • January 29, 2015 - Fannie 97; Important Reminders; Loan Purchase and Sale Agreement Change
    • January 22, 2015 - FHA Form Requirement
    • January 15, 2015 - USDA Eligibility; FHA Annual MIP; Reminders
• 2014

  • December

    • December 18, 2014 - MSI New Origination System; Holiday Schedule Reminder; Loan Limits Reminder; Fannie 97
    • December 10, 2014 - DU Version 9.2 - New Lock Deadline; Holiday Reminders
    • December 4, 2014 - Holidays; DU Version 9.2; Reminders and USDA
  • November

    • November 20, 2014 - Important Reminders and Jumbo Guidelines Updated
    • November 14, 2014 - USDA Suspension; FICO Enhancements; Guideline Clarification
    • November 5, 2014 - Holiday Reminders, ATR/QM Points/Caps for 2015; Compliance Reminder
  • October

    • October 16, 2014 - DU Government Loans Release
    • October 9, 2014 - Holiday Reminder; Various Topics
    • October 1, 2014 - LP Condos; Special Purpose Refinance; USDA
  • September

    • September 25, 2014 - USDA Fee Increase; Fannie Mae Retirement of the HomePath® Product; Extended Income Tax Filing Deadline
    • September 11, 2014 - Request for Information; USDA Information
    • September 8, 2014 - Recertification; Affinity Processing
  • August

    • August 26 -Elimination of HomePath®; Holiday Reminder; Freddie Mac Updates
    • August 20 -Mod Corr Seller Guide; Web Site; Customer Identification; Good News; Jumbo Updates
    • August 14 -Underwriting Updates; Tax Payment Rule; Jumbo Loans; MIN
  • July

    • July 30 -Mod Corr Partner Annoucement
    • July 2 - Holiday Reminder; New York; CFPB; FHA/VA; AIR Acknowledgement
  • June

    • June 11 -Affiliate Business Certification; AIR and CFPB Appraisal
    • June 4 -Government FICO - 580 & 620
  • May

    • May 29 - Conforming Clarification
    • May 22 - Mod Correspondent Program
  • January

    • January 23 - Points and Fees; Financial Reform Disclosures; Anti-Flipping
    • January 17 - Holiday Reminder; CFPB; Gift Funds
    • January 9 - CFPB and Various Topics
• 2013

  • December

    • December 19 - Holiday Reminder; Announcement Note; CFPB - Audit Requirements and Rep/Warrant; Business Funds; DU Gifts
    • December 12 - Holiday Schedule; 2014 Loan Limits; CFPB Tidbits; AMC Pricing
    • December 5 - AIR Borrower Acknowledgement; AMC Price Change; Tax Transcripts
  • November

    • November 21 - Thanksgiving Holiday; Homepath®; QM Points & Fees; 3/1 ARM Elimination
    • November 14- Reminders; Heads Up for CFPB; Sub-Prime Loans; USDA
    • November 8 - All MSI Wholesale Partners Re: Reminders
  • October

    • October 31 - FHA Streamlines; New York; Veteran's Day; DU Version 9.1; Tax Transcripts
    • October 24 - FHA Revisions; Revised Lock Times; Fannie 97; Tax Transcripts; USDA and HomePath®
    • October 10 - Columbus Day and Other Important Reminders; Fannie 97
    • October 3 - Government Shutdown Impact; Jumbo Revisions; Government FICO
  • September

    • September 26 - Underwriting Chapter - Fall Housekeeping
    • September 19 - Future Income; Disputed Accounts; Flood Insurance
    • September 12 - Freddie Mac LP High Balance and Underwriting Changes
  • August

    • August 28 - Reminders and More Good News
    • August 21 - Good News; VA 100% Cash Out; FACTA Alert
    • August 9 - FHA Changes; Underwriting Changes; Reminders
    • August 1 - Multiple Topics
  • July

    • July 26 - Underwriting Clarifications
    • July 18 - VA IRRRL; Updated CPM
    • July 3 - Fannie DU 97%; Massachusetts; Holiday Reminder
  • June

    • June 27 - Holiday; Gift Funds; Large Deposits
    • June 20 - Electronic Submission of Underwriting Conditions and Other Topics
    • June 6 - FHA HPML
  • May

    • May 30 - Conforming High Balance; Reminders; Clarifications
    • May 23 - Reminders and New Jersey Restriction
    • May 16 - Multiple Topics and FHA High Balance Streamlines
    • May 2 - USDA Clarifications and Revised InHouse Appraisal Rebuttal Form
  • April

    • April 19 - USDA Ratio Waiver Changes
    • April 11 - USDA Ratio Waiver Changes
    • April 5 - Multiple Topics
  • March

    • March 28 - Reminders; LPMI; Flood Insurance Reminder
    • March 21 - Maximum LTV; Co-Signed Real Estate Obligations; FHA Reminder
    • March 14 - VA Jumbo Loans; Conventional Jumbo Declining Markets
  • February

    • February 27 - Life of Loan Flood Certs and Financed Properties
    • February 21 - All MSI Wholesale Partners Re: Foreign Income; MGIC
    • February 14 - Holiday Reminder; POA and USDA
    • February 7 - Jumbo Loan Revision; Delinquent Property Taxes & Underwriting Changes
    • February 4 - Conforming FRM LTV Reduction and Other Topics
  • January

    • January 17 - VA Appraisal Ordering Changes; Underwriting Changes and Other Topics
    • January 9 - Underwriting Revisions; VA IRRRL Enhancement; USDA Pilot Refinance Discontinued
• 2012

  • December

    • December 19 - Multiple Topics
    • December 13 - Fannie Mae Waiver Fee; Relock Policy; and Other Topics
    • December 6 - Anti-Steering; USDA; Minimum Trade Lines
  • November

    • November 29 - REO; Matrices; Multiple Properties and Fannie Mae PIW
    • November 19 - 2075; Trust Certification; Investment Property; LP Relief Refinances
    • November 8 - November Holiday Reminders
    • November 1 - Hurricane Sandy - Added Counties- Matrix Updated
  • October

    • October 31 - Disaster Policy Reminder and Conforming Investment
    • October 25 - Various and Multiple Topics
    • October 15 - Various Topics
  • September

    • September 28 - Anti-Steering Disclosure
    • September 27 - USDA FUNDING; USDA FEE CHANGE REMINDER; Other USDA Issues
    • September 20 - Borrower Paid Compensation; DU Refi Plus; DU Version 9.0 and Other Topics
    • September 11 - Temporary Extension Fee; DU Refi Plus
    • September 7 - VA Loan Limits; Enhancements to Connexions
  • August

    • August 30 - Underwriting Clarifications; Labor Day Closing
    • August 23 - New AMC Added; Funding Reminder and Labor Day Reminder
    • August 20 - USDA 2012 Refinance Allocations Depleted Today
    • August 16 - FHA Streamline Overlay; USDA Changes and Other Topics
    • August 9 - FHA Streamline Overlay; Reminders and Other Topics
    • August 3 - Refinance Restrictions; Underwriting Changes; Appraiser Credentials and Other Topics
    • August 2 - RD Pilot Refinance-Originator Compensation Issue
  • July

    • July 26 - Multiple Topics
    • July 18 - Reps/Warrants; Disaster Policy and Other Topics
    • July 10 - Important Reminders; FHA/VA Revisions and Other Topics
  • June

    • June 27 - Mortgage History and Important Reminders
    • June 26 - USDA Revisions and Clarifications
    • June 7 - Jumbo Product; Updated Online Tracking System; Clarifications
  • May

    • May 31 - Anti-Money Laundering; Reminders
    • May 24 - Reminders - Holiday Closing and Other Topics
    • May 17 - Reminders- NMLS; ULDD and Memorial Day
    • May 10 - MSI FHA Jumpstart Program and Funding Reminder
    • May 4 - LP Relief Refinance; Employee Loans
  • April

    • April 26 - Reps/Warrants; Pricing Policies and Other Topics
    • April 20 - FHA Amended Dates; DU Refi Plus® and Other Topics
    • April 12 - USDA Revisions; Other Topics
    • April 5 - Reminders- FHA MIP; MSI Early Closing; Split MI Correction
  • March

    • March 28 - USDA Rural Refinance Pilot; Appraisal Fees
    • March 16 - Credit Report Requirements; Other Topics
    • March 9 - Appraisal Form 2075; FHA Changes
    • March 2 - Multiple Topics
  • February

    • February 17 - Multiple Properties to One Borrower and Other Topics
    • February 10 - Multiple Topics
    • February 2 - Multiple Topics and Important Reminders and Tips
  • January

    • January 12 - USDA; Temporary Extension Fee; Borrower Privacy
    • January 6 - VA Loan Limits and Other Important Reminders and Tips
• 2011

  • December

    • December 16 - Holiday Reminder; Announcement Note; CFPB - Audit Requirements and Rep/Warrant; Business Funds; DU Gifts
    • December 8 - Holiday Schedule; 2014 Loan Limits; CFPB Tidbits; AMC Pricing
  • November

    • November 23 - Thanksgiving Holiday; Homepath®; QM Points & Fees; 3/1 ARM Elimination
    • November 17- Reminders; Heads Up for CFPB; Sub-Prime Loans; USDA
    • November 3 - All MSI Wholesale Partners Re: Reminders
  • October

    • October 27 - FHA Streamlines; New York; Veteran's Day; DU Version 9.1; Tax Transcripts
    • October 20 - Disclosure Language
    • October 13 - USDA; VA Funding Fee; Tax Extension Deadlines
  • September

    • September 29 - USDA Changes
    • September 23 - UAD Clarification; NMLS Clarification; Other Topics
    • September 15 - Reminders and Other Topics
    • September 8 - Multiple Topics
  • August

    • August 25 - USDA, Temporary Loan Limits and Other Topics
    • August 18 - UAD Reminders and Elimination of 2075
    • August 11 - FHA Updates and other Multiple Topics
    • August 4 - Multiple Topics
  • July

    • July 28 - Multiple Topics
    • July 21 - Multiple Topics
    • July 15 - Multiple Topics
    • July 8 - Underwriting Clarifications, Pricing Policy Revisions
  • June

    • June 10 - CPM Instructions and Other Topics
    • June 3 - Underwriting Enhancements and Other Topics
  • May

    • May 26 - Multiple Topics
    • May 19 - Multiple Topics and Important Reminders
    • May 18 - Security Update - Protecting Your Private Information with Email Encryption
    • May 12 - HomePath®; FHA Streamline Enhancements; Modified Mortgage Revisions and Other Topics
    • May 6 - Modified Mortgage Requirements, VA High Balance and other Topics
  • April

    • April 14 - Multiple Topics
    • April 1 - LO Compensation Delayed by US Court of Appeals
  • March

    • March 31 - Multiple Topics
    • March 25 - LO Compensation and other Multiple Topics
    • March 15 - Loan Officer Compensation
    • March 10 - MSI Overlays for FHA; USDA Changes and Other Topics
    • March 3 - FHA New Guidance and Other Topics
  • February

    • February 24 - FHA Changes and Other Topics
    • February 17 - Multiple Topics
    • February 10 - Multiple Topics
  • January

    • January 27 - Various Important Reminders and Clarifications
    • January 13 - Conventional FICO; Reminder HUD Anti-Flipping; Contract Underwriters
    • January 6 - Regulatory Reminders and Various Topics