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08/30/2016 FHFA Previews New High LTV Refi Offering
National Mortgage Professional Magazine by Phil Hall - The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac are readying a new refinance offering aimed at borrowers with high loan-to-value (LTV) ratios.
08/30/2016 ADFINET UPDATES

Click link above for more of the latest updates to Adfinet.

FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Information Related to the Know Before You Owe TILA-RESPA Integrated Mortgage Disclosure Rule

Freddie Mac Update-8/25/16, entitled New Freddie Mac Enhanced Relief RefinanceSM Mortgage to Provide High-LTV Refinance Options Post-HARP

Bulletin 2016-16, regarding Selling Updates

FANNIE MAE HAS RELEASED:

Servicing Guide Announcement SVC-2016-07, regarding Servicing Guide Updates

Selling Guide Announcement SEL-2016-06, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of July 21, 2016

Fannie Mae DU Release Notes for Lenders , Release Date of June 20, 2016

FHA HAS RELEASED:

Housing Notice HN 2016-06 , entitled Implementation of the Standardized Firm Commitment Templates for Section 220, 221 (d)(4), 223(f), 223(a)(7), 231, 241 (a)

Mortgagee Letter 2016-12 , entitled 203(k) Rehabilitation Mortgage Insurance Program: 203(k) Consultant Draw Inspection Fee

GINNIE MAE HAS RELEASED:

APM 16-04, entitled Implementation of Streamlined Investor Reporting

MPM 16-01, entitled Notice Regarding Ginnie Mae Reviews of Collateral Modifications of Multifamily and Healthcare Loans Backing Ginnie Mae MBS in REMICs

VA HAS RELEASED:

Circular 26-16-23, entitled Special Relief Following Louisiana Severe Storms and Flooding

08/29/2016 USDA slashing mortgage fees
Housingwire.com by Ben Lane - Borrowers who use the U.S. Department of Agriculture’s Rural Housing Service to get a mortgage could soon pay significantly less for their loan, as the USDA announced that it is about to cut its loan fees for lenders who use the USDA’s Single Family Housing Loan Guarantee Program.
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