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05/25/2020 Mortgage rate drops to within 1 basis point of all-time low
Housingwire.com by Kathleen Howley - The average U.S. rate for a 30-year fixed mortgage dropped to within one basis point of an all-time low this week, according to Freddie Mac.

05/25/2020 ADFINET UPDATES

Click link above for more of the latest updates to Adfinet.

FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Updated Requirements Related to Single Security Initiative

Freddie Mac Update-04/14/2020, entitled Extended URLA Implementation Timeline

Bulletin 2020-11, regarding Selling Guidance related to COVID-19

FANNIE MAE HAS RELEASED:

Lender Letter LL-2020-05 , regarding Payment Deferral

Servicing Guide Announcement SVC-2020-01, regarding Servicing Guide Updates

Selling Guide Announcement SEL-2020-02, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of January 8, 2020

Fannie Mae DU Release Notes for Lenders , Updated Release Date of February 18, 2020

FHA HAS RELEASED:

Housing Notice HN 2020-03 , entitled Revision of the Section 223(f) Policy Requiring Three Years of Post-Construction Sustained Occupancy

Mortgagee Letter 2020-12 , entitled Updated Guidance for Home Equity Conversion Mortgage (HECM) Claim Type 22 (CT-22) Assignment Claims during the COVID-19 National Emergency

GINNIE MAE HAS RELEASED:

APM 20-02, entitled Annual Audited Financial Statement Deadline Extension

VA HAS RELEASED:

Circular 26-20-14, entitled New Appraisal Review Requirements and Instructions Regarding Department of Veterans Affairs Appraisal Management Service for the Lender Appraisal Processing Program and the Servicer Appraisal Processing Program Staff Appraisal Reviewers

05/22/2020 Mortgage delinquencies nearly double in April on COVID-19 shock
Housingwire.com by Kathleen Howley - The U.S. delinquency rate rose to 6.45% from 3.39% in March, the largest monthly increase ever recorded, Black Knight said in a report on Thursday. It was almost triple the previous record gain in 2008, near the beginning of the financial crisis.
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