Starting this month, Selling Guide updates will be published on the first Wednesday of the month instead of the first Tuesday.
These updates were made in February: process changes related to Loan Quality Connect implementation, references to cost of funds index and associated ARM plans removed, clarifications to postponed improvement requirements, and more.
Lender Letter LL-2019-02 provides additional guidance on selling policies to supplement the temporary guidance described in Lender Letter LL-2018-06, Impact of Federal Government Shutdown, that applies to borrowers who are impacted by the federal government shutdown.
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