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In this mortgage letter, FHA announced updates and streamlined policies for the HECM program to improve the long-term performance of the program.
View SourceThis Bulletin announces changes to the single-family ARMs Refinitiv public replacement index names.
View SourceSearch our Compliance Calendar for current
regulatory changes & updates from Fannie,
Freddie, FHA, VA, and USDA.
The Federal Housing Administration (FHA) posted a draft borrower disclosure corresponding to its draft Mortgagee Letter Payment Supplement on the Single-Family Housing Drafting Table (Drafting Table) for public feedback on November 16, 2023.
View SourceThe Federal Housing Administration (FHA) posted a draft Mortgagee Letter seeking feedback on proposed updates to its 203(k) Rehabilitation Mortgage Insurance Program.
View SourceIn this lender letter, Fannie Mae announces updates to the Loan Modification Agreement (Form 371), originally published on October 11, 2023.
View SourceIn this lender letter, Fannie Mae announces the loan limits for 2024.
View Source"We are already ahead of the game and without having to add additional FTEs."
- Julie Baril, QC Manager at Norcom Mortgage
The Declared Rate for determining high-interest/high-point home loans in Vermont will be eight percent in 2024.
View SourceThe Federal Housing Administration (FHA) announced that the maximum claim amount for a Home Equity Conversion Mortgage (HECM) in 2024 will increase from $1,089,300 in calendar year 2023 to $1,149,825 effective for FHA case numbers assigned on or after January 1, 2024.
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