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03/22/2019 Both Closing Times and Pull Through Rates Improved in February
Mortgage News Daily.com by Jann Swanson - Ellie Mae's Origination Insight Report for February is headlined by both a decrease in closing times and, more significantly, further declines in mortgage interest rates. The company said the average interest rates for loans originated on its platform during the month was 4.86 percent. This was 15 basis points lower than the January average.
03/22/2019 ADFINET UPDATES

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

FREDDIE MAC HAS RELEASED:

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

Freddie Mac Update-02/15/19, entitled Loan Product Advisor Updates Support New VA Policies, Single Security and Home Possible

Bulletin 2019-5, regarding Selling Updates

FANNIE MAE HAS RELEASED:

Lender Letter LL-2019-03 , regarding Interest Rate Spread for Fixed-Rate MBS and Servicing Fee Requirements for Fixed-Rate Loans

Servicing Guide Announcement SVC-2019-01, regarding Servicing Guide Updates

Selling Guide Announcement SEL-2019-02, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of January 22, 2019

Fannie Mae DU Release Notes for Lenders , Release Date of January 28, 2019

FHA HAS RELEASED:

Housing Notice HN 2019-04 , entitled Standardization of REAC Inspection Notification Timelines

Mortgagee Letter 2019-03 , entitled Section 221(d)(4) and Section 220 New Construction and Substantial Rehabilitation Multifamily Projects with Low Income Housing Tax Credits (“LIHTC” or “Tax Credit”) Pilot Program.

GINNIE MAE HAS RELEASED:

APM 19-01, entitled Recall and Re-issuance of Waivers

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 26-19-5, entitled VA-Guaranteed Cash-Out Refinancing Home Loans(AQ42)

03/21/2019 Is now a good time to purchase a home?
Housingwire.com by Alcynna Lloyd - NAR Chief Economist Lawrence Yun said several factors are helping to improve the attitudes of potential homebuyers.
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