Announcements

2017 Announcements

Announcement 2017 : 08 - BlitzDocs Workflow Enhancements

May 8, 2017 REMN Wholesale is pleased to announce enhancements to BlitzDocs which provide additional email notifications for corresponding actions throughout the loan process. Loan Setup Once the Loan Set-Up Department is in receipt of the following items, the Broker will be notified that the loan is Sent for LE Review: FNM 3.2 file uploaded […]

Announcement 2017 : 07 - Electronic Disclosure Enhancements

April 17, 2017 This Announcement replaces all previous Announcements on this topic. REMN Wholesale is pleased to announce enhancements to electronic delivery of lender disclosures as described below. Effective with new loans submitted on and after April 17, 2017, REMN Wholesale will send electronic disclosures to all borrowers with an email address via Encompass by […]

Announcement 2017 : 06 - Manufactured Home Property Eligibility

February 21, 2017 REMN Wholesale is pleased to announce that effective February 13, 2017 we will be offering Manufactured Homes to our eligible properties. The Manufactured Home guidelines will be eligible for FNMA, FHLMC and FHA programs at this time. Manufactured Home lending allows REMN Wholesale to expand on the product line for homes that […]

Announcement 2017 : 05 - FEMA Disaster Declaration – Louisiana

February 13, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana due to Severe Storms, Tornadoes, and Straight-line Winds. Declaration Date: February 11, 2017 Incident Period: February 7, 2017 The following parishes were identified by FEMA: Livingston Parish and Orleans Parish. If the subject property is located in […]

Announcement 2017 : 04 - FHA, USDA, and VA Program Enhancements

February 9, 2017 REMN Wholesale is pleased to announce guideline enhancements to our government loan programs (FHA, USDA, and VA) as outlined below.  These enhancements are effective immediately and may be applied to new submissions and loans currently in the pipeline. FHA, USDA, and VA Borrowers with a qualifying credit score of 620-639: Requirement for […]

Announcement 2017 : 03 - FEMA Disaster Declaration – Mississippi

February 2, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Mississippi due to Severe Storms, Tornadoes, Straight-line Winds, and Flooding. Declaration Date: January 25, 2017 Incident Period: January 20, 2017 to January 21, 2017 The following counties were identified by FEMA: Forrest, Lamar, Lauderdale and Perry counties. If […]

Announcement 2017 : 02 - FEMA Disaster Declaration – Georgia

February 2, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Georgia due to Severe Storms, Tornadoes, and Straight-line Winds. Declaration Date: January 25, 2017 Incident Period: January 2, 2017 The following counties were identified by FEMA: Dougherty County. If the subject property is located in one of the […]

Announcement 2017 : 01 - FEMA Disaster Declaration – Georgia

February 2, 2017; rev. February 6, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Georgia due to Severe Storms, Tornadoes, and Straight-line Winds. Declaration Date: January 26, 2017 Incident Period: January 21, 2017 – January 26, 3017 The following counties were identified by FEMA: Berrien, Cook, Crisp, Dougherty, […]

2016 Announcements

Announcement 2016 : 24 - FEMA Disaster Declaration – South Carolina

October 13, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for an incident that occurred in the State of South Carolina. Declaration Date: October 11, 2016 Incident Period: October 4, 2016 The following counties were identified by FEMA: Beaufort, Berkeley, Charleston, Colleton, Darlington, Dillon, Dorchester, Florence, Georgetown, Horry, Jasper, Marion, and Williamsburg. […]

Announcement 2016 : 22 - FEMA Disaster Declaration – Georgia

October 13, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for an incident that occurred in the State of Georgia. Declaration Date: October 8, 2016 Incident Period: October 4, 2016 The following counties were identified by FEMA: Bryan, Camden, Chatham, Glynn, Liberty, and McIntosh Counties If the subject property is located in […]

Announcement 2016 : 21 - FEMA Disaster Declaration – North Carolina

October 13, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for an incident that occurred in the State of North Carolina. Declaration Date: October 10, 2016 Incident Period: October 4, 2016 The following counties were identified by FEMA: Beaufort, Bertie, Bladen, Columbus, Cumberland, Edgecombe, Greene, Harnett, Hoke, Johnston, Lenoir, Nash, Pitt, Robeson, […]

Announcement 2016 : 20 - REMN Prepared Initial Loan Estimate, Broker Channel

October 11, 2016 REMN Wholesale is pleased to offer the service for Mortgage Brokers to request REMN prepared Initial Loan Estimates.  REMN WS will complete your initial Loan Estimate (LE), request must be received within 24 hours of application. Initial disclosure package sent to the borrower(s) includes: Loan Estimate Intent to Proceed Settlement Service Provider […]

Announcement 2016 : 19 - Conventional AMC Revisions

October 11, 2016, rev. October 14, 2016 REMN Wholesale is pleased to announce revisions to our Conventional AMCs in the States of Utah and Virginia for Broker Loans to ACT Appraisal Management, Integrity Appraisal Management for Texas, and Property Val for the state of Maine as reflected below. ACT Appraisal Management (AR, AZ, CA, IL, […]

Announcement 2016 : 23 - FEMA Disaster Declaration – Florida

September 29, 2016 rev 9/30/16   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Florida due to Hurricane Hermine Declaration Date: September 28, 2016 Incident Period: August 31, 2016- September 12, 2016 The following counties were identified by FEMA: Citrus, Dixie, Hernando, Hillsborough, Leon, Levy, Pasco and Pinellas If […]

Announcement 2016 : 17 - Conventional AMC Revisions

August 2, 2016 REMN Wholesale is pleased to announce revisions to our Conventional AMCs in the state of Illinois for Broker Loans to ACT Appraisal Management as reflected below. ACT Appraisal Management (AR, AZ, CA, IL, MN, MT, NE, NM, NV, OK, PA, WY) Momentum Appraisal Group, Inc (TX) Mortgage Management Consulting (All other states) […]

Announcement 2016 : 16 - Revision to HUD 92900-A

Effective August 1, 2016   Mortgagee Letter 2016-06 has updated the HUD 92900-A, HUD/VA Addendum to Uniform Residential Loan Application form effective for case numbers assigned on or after August 1, 2016. Click here for the new required document.   Please Note:  Broker and Emerging Banker originators must continue to use the previous version for […]

Announcement 2016 : 15 - Announcing the Expanded Plus Program

Effective July 18th, 2016 REMN Wholesale is pleased to announce we will be offering the Expanded Plus program.  Self-employed borrowers using alternative documentation will benefit from the flexibility offered by the Expanded Plus Program. Highlights of Expanded Plus are provided below. Expanded Plus documentation options: Full Doc and Alt-Doc Limited are available for wage earner/salaried […]

Announcement 2016 : 15 - Announcing the Expanded Plus Program

Effective July 18th, 2016 REMN Wholesale is pleased to announce we will be offering the Expanded Plus program.  Self-employed borrowers and borrowers using alternative documentation will benefit from the flexibility offered by the Expanded Plus Program.   Highlights of Expanded Plus are provided below.   Expanded Plus documentation options: Full Doc and Alt-Doc Limited are […]

Announcement 2016 : 14 - Announcing the Jumbo Choice Program

July 6, 2016 REMN Wholesale is pleased to announce the expansion of our Jumbo product offerings to include Jumbo Choice effective July 6, 2016. Jumbo Choice allows lower credit scores, higher LTVs and greater flexibility with derogatory credit events than our standard Jumbo program. Highlights of Jumbo Choice include: Minimum 661 credit score Maximum 90% […]

Announcement 2016 : 13 - Conventional AMC Revisions

July 1, 2016 REMN Wholesale is pleased to announce revisions to our Conventional AMCs in the states of Arizona and California for Broker Loans to ACT Appraisal Management as reflected below. ACT Appraisal Management (AR, AZ, CA, MN, MT, NE, NV, NM, OK, PA, WY) Momentum Appraisal Group, Inc (TX) Mortgage Management Consulting (All other […]

Announcement 2016 : 12 - FEMA Disaster Declaration – West Virginia

June 30, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Texas due to Severe Storms, and Flooding Declaration Date: June 25, 2016 Incident Period: June 22, 2016 The following counties were identified by FEMA: Clay, Fayette, Greenbrier, Kanawha, Monroe, Nicholas, Pocahontas, Roane, Summers, and Webster. If the subject […]

Announcement 2016 : 11 - FEMA Disaster Declaration – Texas

June 13, 2016, rev June 30, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Texas due to Severe Storms, and Flooding Declaration Date: June 11, 2016 Incident Period: May 26, 2016 – June 24, 2016 The following counties were identified by FEMA: Austin , Bastrop , Brazoria , Brazos […]

Announcement 2016 : 10 - Expiration of GFE Acceptance

April 29, 2016 Effective Monday 5/2/16 REMN Wholesale will no longer accept new loan submissions with an initial broker application date prior to 10/3/2015. All new loans received on or after 5/2/16 will be required to be in compliance with TRID Regulations.   Please contact your Account Executive with any questions.

Announcement 2016 : 9 - FEMA Disaster Declaration – Texas

April 26, 2016 rev. May 9, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Texas due to Severe Storms, and Flooding Declaration Date: April 25, 2016 Incident Period: April 17, 2016 – April 24, 2016 The following counties were identified by FEMA: Austin, Colorado, Fayette, Fort Bend, Grimes, […]

Announcement 2016 : 08 - FEMA Disaster Declaration – Mississippi

March 29, 2016 rev. April 13, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Mississippi due to Severe Storms and Flooding Declaration Date: March 25, 2016 Incident Period: March 9, 2016 The following counties were identified by FEMA: Bolivar , Clarke , Coahoma , Forrest , George , Greene […]

Announcement 2016 : 07 - FEMA Disaster Declaration – Texas

March 21, 2016 rev April 11, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Texas due to Severe Storms, Tornadoes and Flooding Declaration Date: March 19, 2016 Incident Period: March 7, 2016 The following counties were identified by FEMA: Erath, Gregg, Harrison, Henderson, Hood, Jasper, Limestone,  Marion, Newton, […]

Announcement 2016 : 06 - FEMA Disaster Declaration – Louisiana

March 14, 2016 – Revised March 21, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana due to Severe Storms and Flooding Declaration Date: March 13, 2016 Incident Period: March 8, 2016 The following counties were identified by FEMA: Allen, Ascension, Beauregard, Bienville, Bossier, Caddo, Calcasieu, Caldwell, Claiborne, […]

Announcement 2016 : 05 - FEMA Disaster Declaration – Arkansas

February 8, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Arkansas due to Severe Storms, Tornadoes, Straight-line Winds, and Flooding Declaration Date: February 5, 2016 Incident Period: December 26, 2015 to January 22, 2016 The following counties were identified by FEMA: Benton County, Carroll County, Crawford County, Faulkner […]

Announcement 2016 : 04 - FEMA Disaster Declaration – Missouri

January 21, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Missouri due to Severe Storms, Tornadoes, Straight-line Winds, and Flooding Declaration Date: January 21, 2016 Incident Period: December 23, 2015 to January 9, 2016 The following counties were identified by FEMA: Barry, Barton, Camden, Cape Girardeau, Cole, Crawford, […]

Announcement 2016 : 03 - FNMA HomeReady Program

January 20, 2016 REMN Wholesale is pleased to announce the release of Fannie Mae’s HomeReady Mortgage, which has replaced the MyCommunityMortgage, effective immediately. HomeReady has been designed for credit worthy, low-moderate income borrowers, with expanded eligibility for home financing in designated communities to support sustainable homeownership.  Highlights of the program include: Low Down Payment Up […]

Announcement 2016 : 02 - Update to Conventional Appraisal Ordering

January 6, 2016 REMN Wholesale has updated the direction Brokers need to take when ordering an appraisal for a Conventional loan. This new procedure is effective immediately. Momentum Appraisal Group, Inc. – must be used for loans in the state of TX Nationwide Property and Appraisal Services – must be used for loans in the […]

Announcement 2016 : 01 - FEMA Disaster Declaration – Mississippi

January 5, 2016 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Mississippi due to Severe Storms, Tornadoes, Straight-line Winds, and Flooding Declaration Date: January 4, 2016 Incident Period: December 23, 2015 to December 28, 2015 The following counties were identified by FEMA: Benton, Coahoma, Marshall, Monroe, Panola, Prentiss, Quitman, […]

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