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Mortgage News
02/15/2019 Mortgage Bankers Estimate 29% Surge in New Home Sales
Mortgage News by Jann Swanson - While we have not yet seen figures from the Census Bureau for December let alone January, the Mortgage Bankers Association (MBA) is reporting a surge in new home sales last month. Those sales, while unchanged from January 2018, increased by 43 percent compared to December 2018.

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Industry Letter, regarding Reminders on Servicing Mortgages Impacted by Eligible Disasters

Freddie Mac Update-01/29/19, entitled Loan Selling Advisor®-New Enhancements, Reminders and Edits

Bulletin 2019-3, regarding Revised Guidance and Requirements Related to the Federal Government Shutdown


Lender Letter LL-2019-02 , regarding Impact of Federal Government Shutdown (Selling)

Servicing Guide Announcement SVC-2018-10, regarding Foreclosure Time Frames and Compensatory Fee Requirements

Selling Guide Announcement SEL-2018-09, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of December 20, 2018

Fannie Mae DU Release Notes for Lenders , Release Date of October 31, 2018


Housing Notice HN 2018-11 , entitled Rental Assistance Demonstration (RAD) – Supplemental Guidance 3.B

Mortgagee Letter 2018-12 , entitled 2019 Nationwide Home Equity Conversion Mortgage (HECM) Limits


APM 18-08, entitled High Balance Loans

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


Circular 26-19-2, entitled VA Loan Origination Guidance During a Federal Government Shutdown

02/14/2019 Moody's: Mortgage delinquencies are on the rise by Jessica Guerin - A report released this week by the Federal Reserve Bank of New York revealed that the rate of delinquencies was steady at 4.65% in the last quarter, but Moody’s Investors Service says this is a cycle low that will change in the coming quarters as loosening underwriting standards and rising interest rates impact loan performance.


Of Interest
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