Access the Guide via the link below or AllRegs.com.
Provides information and resources related to condo, co-op, and planned unit development (PUD) project eligibility and requirements, including review types and insurance requirements.
View a variety of resources and training to help lenders build effective strategies to manage risk through a focus on loan quality. Includes a link to the Appraiser Quality Monitoring (AQM) list.
The update includes removal of the requirement that revolving account be closed at or prior to closing in order to exclude the payment from the DTI ratio; extension of DU Refi Plus & Refi Plus; updates to information about the Affidavit of Affixture for manufactured housing loans; clarification of CLTV & HCLTV ratio requirements for project reviews for FL condos; replacement of references to “eCommitting”, “eCommitONE”, “National Underwriting Center” & “NUC”; and other misc. updates and changes.
This Announcement updates policy requirements related to the seller/servicer’s net worth and liquidity and subservicing and outsource vendor requirements.
The May 2015 Appraiser Quality Monitoring (AQM) list has been posted on the Appraiser Quality Monitoring page.
Find a range of mortgage products, eligibility options, and solutions to help lenders meet borrowers' needs.