ARCHIVED BLOG POSTS
2009
There are some TEMPORARY revisions to the GA Dream Recovery (formerly Plus) Down Payment Assistance Program. FOR A LIMITED TIME THERE ARE SPECIAL GUIDELINES FOR HOME BUYERS PURCHASING IN COUNTIES DESIGNATED AS DISASTER AREAS Twenty One (21) GA counties have been designated as Federal Disaster A...
10/08/2009
Fannie Mae has recently announced changes to their underwriting guidelines. These changes are effect with new loan submissions to Desktop Originator® (DO®)/Desktop Underwriter® (DU®) Version 8.0 on or after December 12, 2009. The changes include: The DU documentation expiration will be updated t...
10/03/2009
On September 18, 2009, HUD announced changes to the validity period of a FHA appraisal. This announcement was made in Mortgagee Letter 2009-30. These changes are effective for all FHA case numbers assigned on or after January 1, 2010. This mortgagee letter announces a change to the validity per...
10/03/2009
On September 18, 2009, HUD announced changes to the guidelines pertaining to the transferring of a FHA appraisal. This announcement was made in Mortgagee Letter 2009-29. These changes are effective for all FHA case numbers assigned on or after January 1, 2010. This mortgagee letter addresses th...
10/03/2009
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Rodney Mason, VP of Mtg Lending
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