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10/11/2019 Refinancing Activity Fuels Mortgage Application Activity
Mortgage Professional Magazine.com by Phil Hall - A surge in refinancing helped drive up mortgage applications activity for the week ending Oct. 4, according to data from the Mortgage Bankers Association (MBA).
10/11/2019 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-09/17/19, entitled Loan Product Advisor Feedback Message Updates–Effective October 2019

Bulletin 2019-20, regarding Selling Updates

FANNIE MAE HAS RELEASED:

Lender Letter LL-2019-07 , regarding Advance Notice of Fannie Mae-Initiated Principal and Interest Drafts for Scheduled/Scheduled and Scheduled/Actual Portfolio Mortgage Loans

Servicing Guide Announcement SVC-2019-06, regarding Servicing Guide Updates

Selling Guide Announcement SEL-2019-08, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of August 20, 2019

Fannie Mae DU Release Notes for Lenders , Release Date of June 13, 2019

FHA HAS RELEASED:

Housing Notice HN 2019-10 , entitled Incentives for FHA Mortgage Insurance for Properties Located in Opportunity Zones

Mortgagee Letter 2019-17 , entitled Home Equity Conversion Mortgage (HECM) Program – Condominium Requirements

GINNIE MAE HAS RELEASED:

APM 19-06, entitled Counterparty Risk Management Policy Series – Volume 3: New Rating Requirements, New Risk Factors, Revised Financial Requirements, and Other Revised Participation Requirements

VA HAS RELEASED:

Circular 26-19-24, entitled Servicer Loss Mitigation Letters on Delinquent Loans

10/10/2019 It’s official: Appraisals are no longer required on some home sales of $400,000 and under
Housingwire.com by Ben Lane - Beginning Oct. 9, 2019, certain home sales of $400,000 and under will no longer require an appraisal.
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