The Compliance NewsHub

Your Financial Credit & Compliance Research Library.

Compliance Updates and News that Matter

The Compliance NewsHub delivers mortgage, credit and compliance headlines and breaking news to help compliance and quality control professionals easily find relevant news and important regulatory dates.

Recent News

Agency | GSE News | February 02, 2023

USDA Interest Rate Decrease for SFH Direct Programs

USDA has announced an interest rate decrease effective February 1, 2023.

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Agency | GSE News | February 02, 2023

Fannie Mae Update to Lender Letter (LL-2022-05)

Fannie Mae has updated LL-2022-05, Updates to Loan-level Price Adjustments, to include details about the removal of the requirement for Special Feature Code (SFC) 873. Lenders can stop delivering SFC 873 as our internal pricing system will determine when the waiver applies for whole loans delivered and purchased on and after March 1 and loans delivered into March 1 issue MBS pools beginning Feb. 1.

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Agency | GSE News | February 02, 2023

Fannie Mae Selling Guide Announcement (SEL-2023-01)

This selling guide update helps to provide equitable and sustainable access to housing by expanding the use of site-built homes as comparable sales for MH Advantage® homes, and making enhancements to support borrowers with nontraditional credit, promotes safe and responsible lending by implementing new eligibility requirements for cash-out refinance transactions and makes several miscellaneous updates.

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Agency | GSE News | February 02, 2023

VA Circular 26-23-4, Change 1

With Change 1 to VA Circular 26-23-4, VA is extending the effective date from February 1, 2023, to April 1, 2023.

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Agency | GSE News | February 02, 2023

VA Circular 26-23-3, Change 1

With Change 1 to VA Circular 26-23-3, VA is extending the effective date from February 1, 2023, to April 1, 2023.

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Agency | GSE News | February 02, 2023

Delivering Manufactured Housing Loans to Fannie Mae FAQs

Fannie Mae has published a FAQs to address questions for both standard single and multi-width Manufactured Housing and Manufactured Housing Advantage underwriting.

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LEARN WHY CLIENTS LOVE ACES

"Of all the systems and vendors we vetted, ACES had what we needed to accomplish from start to finish."

- Wesley Klepfer, Compliance Program Director at Celink

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Agency | GSE News | February 02, 2023

Fannie Mae Servicing Transfer Form 629 User Guide February 2023

Fannie Mae has provided an updated Servicing Transfers Form 629 User Guide.

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Agency | GSE News | February 02, 2023

Ginnie Mae APM 23-03: Revised Requirements for Re-Performing Loans

Ginnie Mae has announced that they have established new temporary pooling eligibility requirements for Re-Performing Loans and implemented the associated RG pool type in APM 20-15.

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