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Fannie Mae Selling & Servicing News, Featured News – Aug. 3: Fannie Mae to begin accepting SOFR ARMs
As of Aug. 3, Fannie Mae will accept SOFR Adjustable-Rate Mortgages (ARMs) and begin issuing SOFR-based MBS. All Fannie Mae Single-Fa...
CFPB Releases LIBOR Transition Details
The Consumer Financial Protection Bureau (CFPB) recently released new items related to the London Interbank Offered Rate (LIBOR) transi...
Schwartz & Associates is now Schwartz Manente
It is with great pleasure that we announce an exciting new chapter for our firm. Effective June 17, 2020, Schwartz & Associates has...
Fannie Mae: COVID-19 Impact on Originations and Appraisals Lender Letters
March 23, 2020
Featured News
COVID-19 impact on originations Lender Letter
We’ve issued Lender Letter LL-2020-03 providing rem...
USDA Technology Fee Implementation on January 1, 2020 – FINAL NOTICE
USDA Technology Fee Implementation on January 1, 2020
FINAL NOTICE
On January 1, 2020 the USDA Single Family Housing Guaranteed...
USDA: Conditional Commitments Required Before Closing
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USDA – Fiscal Year 2020 SFH Guaranteed Funds Now Available
USDA has announced that the Fiscal Year 2020 funding for Rural Development's Single Family Housing Guaranteed Loan Program has been aut...
USDA – Fiscal Year 2020 Conditional Commitment Notice
It's that time of year, USDA's fiscal year 2019 ends September 30, 2019 and the new fiscal year 2020 begins on October 1, 2019. USD...
CFPB Requests Comment on Temporary QM Replacement
In a recently issued advance notice of proposed rulemaking, the CFPB requested comment from industry stakeholders related to the upcom...
Texas Bill Clarifies eSigned Document Recording Rules
The recently passed Texas Senate Bill 2128 adds much needed clarity to recording requirements for electronically executed (eSigned) d...