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01/21/2019 Fannie, Freddie issue new mortgage lending rules due to prolonged shutdown
Housingwire.com by Kelsey Ramirez - Fannie Mae and Freddie Mac, in consultation with the Federal Housing Finance Agency, announced new mortgage origination requirements in light of the ongoing government shutdown.
01/21/2019 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-01/16/19, entitled Guide Bulletin 2019-3 Updates Selling Guidance and Requirements Related to the Federal Government Shutdown

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

FANNIE MAE HAS RELEASED:

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

FHA HAS RELEASED:

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

GINNIE MAE HAS RELEASED:

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

VA HAS RELEASED:

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

01/18/2019 Price Cuts on New Construction Homes Becoming More Common
Zillowmediaroom.com - Home shoppers may be able to find a better deal on a new construction home than they could a year ago. A new Zillow® analysis finds that price cuts were more common in the fourth quarter of 2018 than in the first quarter.
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