Compliance NewsHub
Agency | GSE News

This topic consolidates all announcements, newsletters, bulletins, handbook/guide updates, and general news coming from FHFA, Fannie Mae, FHA, Freddie Mac, GNMA, RHS, and VA.

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September 25, 2023

Ginnie Mae APM 23-11: Revised HMBS Pooling Eligibility Requirements

Ginnie Mae announced the revision to pooling eligibility requirements for Home Equity Conversion Mortgage (HECM) Mortgage-Backed Securities (HMBS).

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September 21, 2023

USDA Changes to the Eligibility of Certain Rural Areas

On October 1, 2023, the new ineligible area maps for the Rural Development Single Family Housing (SFH) and Multi-Family Housing programs will be updated to the USDA Income and Property Eligibility Site at https://eligibility.sc.egov.us.

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September 20, 2023

Fannie Mae AMN/HSSN 29.2 Release Notes

Fannie Mae announced that during the weekend of September 23, 2023, they will implement Release 29.2, which includes the changes and enhancements described below for Asset Management Network (AMN)/HomeSaver Solutions™ Network (HSSN).

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September 19, 2023

VA Circular 26-22-16, Change 1

The purpose of this Circular is to remove the “Pricing Sheet” from the stacking order for loans selected for FFLR.

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September 19, 2023

FHA INFO 2023-77 FHA Catalyst: Claims Module Now Supports Bulk Submissions

The FHA has announced an enhancement in the FHA Catalyst: Claims Module that enables bulk submissions of supplemental claims, including supporting and required documentation that allows users to no longer be required to individually submit supplemental claims.

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September 19, 2023

Fannie Mae Fraud Alert: Identity Theft in Atlanta, GA

Fannie Mae has issued a Fraud Alert involving loans originated in suburban Atlanta, GA that have misrepresented borrower profiles in multiple loans that indicate identity theft and have allowed perpetrators to make off with large sums of money at closing.

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LEARN WHY CLIENTS LOVE ACES

LEARN WHY CLIENTS LOVE ACES

"By partnering with ACES, we have witnessed an overall improvement in the quality of our reviews. The platform has enabled us to focus on pre-funding reviews and allocate our resources to other areas where defects need correction."

-Hilda Melendez, Quality Control Systems Director at Lennar Mortgage

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September 14, 2023

Fannie Mae Beyond the Guide

Fannie Mae has released a guide on how to get the most from your quality control program.

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September 14, 2023

Fannie Mae FAQs

Fannie Mae released common questions about the features, requirements, and benefits of the RefiNow™ mortgage, an affordable refinancing option aimed at making it easier and less expensive for qualifying homeowners to reduce their monthly housing costs.

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September 12, 2023

Fannie Mae Uniform Loan Delivery Dataset

The GSEs announced they will update the Uniform Loan Delivery Dataset (ULDD) to align with current GSE requirements and support the continued improvement of our loan delivery standards.

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September 11, 2023

USDA Changes to the Eligibility of Certain Rural Areas

The new ineligible area maps for the Rural Development Single Family Housing and Multi-Family Housing programs will be updated to the USDA Income and Property Eligibility Site effective October 1, 2023.

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INTRODUCING: ACES PROTECT®

INTRODUCING: ACES PROTECT®

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September 07, 2023

USDA Fiscal Year 2024 Conditional Commitment Notice

This notice provides the fiscal year 2024 fee structures and issuance of conditional commitments for the Single-Family Housing Guaranteed Loan Program.

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September 07, 2023

FHA INFO 2023-75 FHA Waives Requirement that Unnecessarily Prevents or Delays Qualified Borrowers from Obtaining FHA-insured Mortgages

The Federal Housing Administration has issued a waiver to a requirement that FHA-approved mortgagees flag rejected loans in the FHA Connection (FHAC) system.

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September 07, 2023

Fannie Mae Project Standards Requirements FAQ

Fannie Mae has published a Frequently Asked Questions document for Project Standards Requirements to provide responses to common questions related to Fannie Mae’s project review methods and policies for determining project eligibility for mortgages secured by units in condo, co-op, and planned unit development (PUD) projects.

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September 07, 2023

Freddie Mac Bulletin 2023-18

In this bulletin, Freddie Mac announced changes to student loan payment amounts included in the debt payment-to-income (DTI) ratio and refinance mortgage.

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