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.
Help meet the diverse needs of today’s buyers with HomeReady, Fannie Mae’s enhanced affordable lending product, to be available later this year.
Carlos Perez, Chief Credit Officer for Single Family, provides an executive summary of key selling policy updates in the August 25 Selling Guide announcement.
The update includes allowing cash back on pair-offs of a mandatory whole loan commitment to all Fannie Mae-approved lenders as a standardized process; update as it pertains to the required documentation for removing recourse from HomeStyle Renovation mortgages; align the requirements for attached PUD units with the existing requirements for detached PUD units; policy changes pertaining to self-employed income policy; and other miscellaneous updates and changes.
Find a range of mortgage products, eligibility options, and solutions to help lenders meet borrowers' needs. Includes information on 97% LTV options, MyCommunityMortgage, and more.