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04/24/2018 Debunking the 20% Down Myth
Freddiemac.com - Are you looking to buy a home this spring, but are worried you don't have enough for a 20% down payment? Good news: You can put down less than 20%. In fact, the average down payment for first-time homebuyers in 2017 was 5%, and 10% for repeat buyers, according to the National Association of REALTORS®. And, it's possible to put down even less.
04/24/2018 ADFINET UPDATES

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

FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Defining Responsible Lending with Changes to Lender Gift and Grant Requirements

Freddie Mac Update-03/01/18, entitled Clarification on EDR Default Action Codes for Extend Modification

Bulletin 2018-3, regarding Selling Updates

FANNIE MAE HAS RELEASED:

Lender Letter LL-2017-11 , regarding Temporary Suspension of Foreclosure Sales in Puerto Rico and the U.S. Virgin Islands

Servicing Guide Announcement SVC-2018-02, regarding Servicing Guide Updates

Selling Guide Announcement SEL-2018-03, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of December 19, 2017

Fannie Mae DU Release Notes for Lenders , Release Date of January 30, 2018

FHA HAS RELEASED:

Housing Notice HN 2018-02 , entitled Refinancing of Pre-1974 Section 202 Direct Loans and Subsequent Issuance of Tenant Protection Vouchers (TPVs) or Senior Preservation Rental Assistance Contracts

Mortgagee Letter 2018-02 , entitled Extension of Disaster Foreclosure Moratoriums for Specified Areas Impacted by Hurricane Maria

GINNIE MAE HAS RELEASED:

APM 18-03, entitled Limited Acceptability of Mortgage Priority Guarantee Policies for Securities Issued on January 1, 2016 or earlier

MPM 16-01, entitled Notice Regarding Ginnie Mae Reviews of Collateral Modifications of Multifamily and Healthcare Loans Backing Ginnie Mae MBS in REMICs

VA HAS RELEASED:

Circular 26-18-5, entitled Department of Veterans Affairs (VA) Property Management and Servicing Contract

04/23/2018 Black Knight: Delinquencies drop to 12-month low - But hurricane impact still lingers
Housingwire.com by Kelsey Ramirez - National delinquencies fell in March to a 12-month low, but despite that, the recent hurricanes continue to have a negative effect on foreclosures, according to the latest report from Black Knight.
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