Yearly Archives: 2016
VA Loan Limit Update
The VA has updated their loan limits effective for loans closed on or after January 1, 2017. VA Circular 26-16-36 explains the changes ...
FHA Loan Limit Update
The FHA has updated their loan limits effective for case numbers assigned on or after January 1, 2017. Mortgagee Letter 2016-20 explain...
Fannie Mae and Freddie Mac Loan Limit Update
The Federal Housing Finance Agency (FHFA) has established the 2017 maximum loan limits that will apply to conventional loans to be acqu...
CFPB Delays Implementation of TILA-RESPA Integrated Disclosure Rule until October 1st
The Bureau of Consumer Financial Protection (CFPB) announced that they will issue a proposed amendment to delay the implementation of...
FNMA Eliminates Continuity of Obligation Rule
FNMA Eliminates Continuity of Obligation Rule
Effective Date
This policy change is effective immediately.
The continuity of ob...
Property Taxes in Unlimited Tolerance Category per CFPB not subject to cure
On February 10, 2016, the Consumer Financial Protection Bureau (CFPB) published a correction in the Federal Register which clarifies Pr...