Announcement SEL-2014-02: Priority of Common Expense Assessments
January 14, 2014 (Updated February 25, 2014) - The Announcement limits the priority of regular common expense assessments
for mortgages secured by units in certain condo and planned unit development projects to no more than six months over Fannie
Mae’s mortgage lien.
Lender Letter LL-2014-01: Updates to Fannie Mae-Approved Mortgage Insurers
February 4, 2014 - Fannie Mae has approved the acquisition of CMG Mortgage Insurance Company (CMG) and its affiliates by Arch
U.S. MI Holdings, Inc. Until further notice, the MI Code and ULDD Enumerated Value used to identify loans insured by CMG
remain unchanged. Fannie Mae has suspended the approval of the following affiliates of existing approved mortgage insurers--MGIC
Indemnity Corporation (MIC), Radian Mortgage Assurance Inc. (RMAI), and Genworth Residential Mortgage Assurance Corporation
Announcement SEL-2014-01: Pricing Update Change
January 8, 2014 - In Selling Guide Announcement SEL-2013-09, Pricing Update, Fannie Mae announced pricing changes as directed
by the Federal Housing Finance Agency (FHFA). On January 8, 2014, FHFA directed Fannie Mae to delay implementation of these
changes until further notice.
Announcement SEL-2013-09: Pricing Updates
December 16, 2013 - Announcement SEL-2013-09 describes changes to guaranty fees, loan-level price adjustments, and the Adverse
Market Delivery Charge. Both the LLPA Matrix and the Refi Plus LLPA Matrix have been updated.
Announcement SEL-2013-08: Selling Guide Updates
October 22, 2013 - A number of topics have been updated in the Selling Guide related to the use of a power of attorney, eligibility
criterion for DU Refi Plus" and Refi Plus" loans, and master hazard insurance policies for multiple unaffiliated projects.
An updated version of FAQs for Project Insurance Requirements.