Yearly Archives: 2016
Fannie Mae and Freddie Mac Loan Limit Update
The Federal Housing Finance Agency (FHFA) has established the 2017 maximum loan limits that will apply to conventional loans to be acqu...
FHA Loan Limit Update
The FHA has updated their loan limits effective for case numbers assigned on or after January 1, 2017. Mortgagee Letter 2016-20 explain...
VA Loan Limit Update
The VA has updated their loan limits effective for loans closed on or after January 1, 2017. VA Circular 26-16-36 explains the changes ...
FNMA Eliminates Continuity of Obligation Rule
Effective Date
This policy change is effective immediately.
The continuity of obligation policy is being eliminated in its entirety. Th...
Property Taxes in Unlimited Tolerance Category per CFPB not subject to cure
On February 10, 2016, the Consumer Financial Protection Bureau (CFPB) published a correction in the Federal Register which clarifies Pr...
