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05/22/2015 MBA Forecast: Here’s why mortgage lending will grow despite weak 1Q
Housingwire.com by Trey Garrison — Broad economic growth in the US got off to a slow start to 2015, with a stronger US dollar, lower exports, and trade/inventory disruptions on the West Coast serving as headwinds, according to the latest forecast from the Mortgage Bankers Association.
05/22/2015 ADFINET UPDATES

Click link above for new updates to Adfinet.

FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Reminder of Requirements for Notification of Certain Seller/Servicer Activities and Changes

Bulletin 2015-5, regarding Servicing Updates.

FANNIE MAE HAS RELEASED:

Fannie Mae DU Release Notes for Government Loans, Release Date of December 23, 2014

Fannie Mae DU Release Notes for Lenders, dated February 17, 2015 for April 2015 Release

Servicing Announcement 2015-06, concerning Miscellaneous Servicing Policy Changes

Selling Announcement SEL-2015-03, regarding Selling Guide Updates

Lender Letter LL-2015-03, entitled Tools and Processes to Increase Certainty and Reduce Repurchase Risk for Lenders

FHA HAS RELEASED:

Mortgagee Letter 2015-09, entitled Home Equity Conversion Mortgage (HECM) Program – Life Expectancy Set-Aside Growth Rate and Clarification to Section 3.98 of the HECM Financial Assessment and Property Charge Guide

Housing Notice H-2015-03, entitled Transferring Budget Authority of a Project-Based Section 8 Housing Assistance Payments Contract under Section 8(bb)(1) of the United States Housing Act of 1937.

GINNIE MAE HAS RELEASED:

APM 15-06, entitled Clarification of Requirements for Custodial Funds and Custodial Accounts

MPM 14-03, entitled Change in Methodology Used to Calculate Final Distribution Date for Accretion Directed Classes in Ginnie Mae Multifamily REMIC and MX Transactions and Revised Accountants’ Agreed-Upon Procedures Report

VETERANS AFFAIRS HAS RELEASED:

Circular 26-15-4, entitled Policy Changes for Specially Adapted Housing Compliance Inspector Exam and Compliance Inspector Qualifications

RURAL HOUSING SERVICE HAS RELEASED:

Administrative Notice 4776, entitled Single Family Housing Guaranteed Loan Program-Electronic Signatures

05/21/2015 Fannie and Freddie set new financial rules for mortgage servicers and sellers
Housingwire.com by Ben Lane - In January, Fannie Mae and Freddie Mac announced a proposal for new minimum financial requirements for mortgage sellers and servicers that do business with the government sponsored enterprises, specifically targeting nonbanks.

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