2022 Announcements

Announcement 2022 : - 2023 Conventional Loan Limits

The Federal Housing Finance Agency (FHFA) has announced 2023 loan limits for FNMA and FHLMC agency loans. *This announcement supersedes REMN’s former announcement number 2022-16 regarding temporary 2023 loan limits Units Baseline Loan Limits Contiguous States, District of Columbia, and Puerto Rico Alaska, Guam, Hawaii, and U.S. Virgin Islands One $726,200 $1,089,300 Two $929,850 $1,394,775 […]

Announcement 2022 : - FEMA Disaster Notice for South Carolina

SUBJECT: FEMA Disaster Notice for South Carolina DATE: November 29, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4677 for the state of South Carolina due to Hurricane Ian. Declaration Date: November 21, 2022 Incident Period: September 25 – October 4, 2022 The following counties require reinspection: Charleston, Georgetown, Horry If the subject […]

Announcement 2022 : - FEMA Disaster Notice for Illinois

SUBJECT: FEMA Disaster Notice for Illinois DATE: November 11, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4676 for the state of Illinois due to severe storms and flooding. Declaration Date: October 14, 2022 Incident Period: July 25 – July 28, 2022 The following counties require reinspection:  St. Clair If the subject property […]

Announcement 2022 : - Updates to REMN’s Minimum Submission Requirements

SUBJECT: Updates to REMN’s Minimum Submission Requirements DATE: November 1, 2022 REMN Wholesale is modifying our minimum submission requirements for new loan submissions to disclosure and setup. These changes are effective November 2, 2022; details are outlined below. Submit for REMN-Prepared Initial Disclosures: Credit Report or AUS must be run Contract of Sale (Purchase loans […]

Announcement 2022 : - Updates to DSCR for Simple Access Investor Cash Flow Loans

SUBJECT: Updates to DSCR for Simple Access Investor Cash Flow Loans DATE: October 21, 2022 Effective immediately, REMN’s Simple Access Investor Cash Flow product will require a DSCR of 0.75% or greater.  This change impacts existing pipeline loans, and pipeline management details are below: Floating Loans Effective October 21, 2022, all loans will require a […]

Announcement 2022 : - New P&L Only Option for Simple Access Non-QM Product

SUBJECT: New P&L Only Option for Simple Access Non-QM Product DATE: October 14, 2022 Effective 10/14/2022, a P&L Statement Only alternative documentation option is available for REMN Wholesale’s Simple Access Non-QM product. The P&L Statement Only documentation option relies on unaudited profit & loss statement(s) in conjunction with a minimum of 2 months business bank […]

Announcement 2022 : - 2023 VA Loan Limits

SUBJECT: 2023 VA Loan Limits DATE: October 3, 2022 (Revised 10/14/22) REMN is amending maximum loan limit amounts for eligible conforming loans as noted below Maximum conforming loan amount in the contiguous states is $700,000 (formerly $715,000)* Maximum conforming loan amount for Hawaii and Alaska is $1,050,000 (formerly $1,073,000)* *Updated loan limits effective 10/14 for […]

Announcement 2022 : - FEMA Disaster Notice for Florida

SUBJECT: FEMA Disaster Notice for Florida DATE: October 3, 2022 (revised November 14, 2022) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4673 for the state of Florida due to hurricane Ian. Declaration Date: September 29, 2022 Incident Period: September 23 – November 4, 2022 The following counties require reinspection: Brevard, Charlotte, Collier, DeSoto, […]

Announcement 2022 : - 2023 FNMA and FHLMC Loan Limits

Date: September 12, 2022 (Revised 10/14/22) REMN is amending maximum loan limit amounts for eligible conforming loans as noted below Maximum conforming loan amount in the contiguous states is $700,000 (formerly $715,000)* Maximum conforming loan amount for Hawaii and Alaska is $1,050,000 (formerly $1,073,000)* *Updated loan limits effective 10/14 for new submissions and pipeline loans […]

Announcement 2022 : - Temporary Buydowns

Date: August 11, 2022, rev. November 9, 2022 REMN is pleased to announce the availability of Temporary Buydowns on FNMA, FHLMC, FHA, USDA, and VA products . This feature is available for new applications and existing pipeline transactions on or after August 11th, 20222. *NOTE: Pipeline transactions will require an applicable CoC if a Buydown option […]

Announcement 2022 : - FEMA Disaster Notice for Missouri

SUBJECT: FEMA Disaster Declaration for Missouri DATE: August 10, 2022  The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4665 for the state of Missouri due to severe storms and flooding. Declaration Date: August 8, 2022 Incident Period: July 25, 2022 – July 28, 2022 The following counties require reinspection: St. Charles County, St. Louis […]

Announcement 2022 : - FEMA Disaster Declaration for Kentucky

SUBJECT: FEMA Disaster Declaration for Kentucky DATE: August 1, 2022 (Revised 9/2/22) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4663 for the state of Kentucky due to severe storms, flooding, landslides, and mudslides. Declaration Date: July 29, 2022 Incident Period: July 26 – August 11, 2022 The following counties require reinspection: Breathitt, Clay, […]

Announcement 2022 : - Anti-Steering Form Requirements

Subject: Anti-Steering Form Requirements Date: July 22, 2022 Effective with loans registered on 7/22/2022 and after, REMN Wholesale will now include an Anti-Steering Loan Options form in our REMN-prepared initial disclosure package. Previously the Broker was required to provide the Anti-Steering form in all instances, whether the initial disclosures were REMN or Broker-prepared. Brokers who […]

Announcement 2022 : - FHA ML22-09: Income Calculation for Borrowers Impacted by COVID-19

Subject: FHA ML22-09: Income Calculation for Borrowers Impacted by COVID-19 Date: July 20, 2022 FHA published Mortgagee Letter 2022-09, which provides additional underwriting consideration on the calculation or qualifying income for borrowers impacted by the COVID-19 pandemic. This ML provides guidance for declining income and/or a gap in employment due to the COVID-19 pandemic These updates […]

Announcement 2022 : - Freddie Mac Updates to ACE and PDR Eligibility

Subject: Freddie Mac Updates to ACE and PDR Eligibility Date: July 19, 2022 Freddie Mac (FHLMC) recently communicated changes to their Automated Collateral Evaluation (ACE) eligibility. This change will result in LPA findings offering EITHER an ACE – OR – an ACE & Property Data Report (PDR) in lieu of an appraisal. These changes are […]

Announcement 2022 : - FEMA Disaster Declaration for Oklahoma

SUBJECT: FEMA Disaster Declaration for Oklahoma DATE: July 8th, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4657 for the state of Oklahoma due to severe storms, tornadoes, and flooding. Declaration Date: June 29, 2022 Incident Period: May 2 – May 8, 2022 The following counties require reinspection: Adair, Cherokee, Muskogee, Okmulgee, Pottawatomie, […]

Announcement 2022 : - FEMA Disaster Declaration for Montana

SUBJECT: FEMA Disaster Declaration for Montana DATE: July 8th, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4655 for the state of Montana due to severe storms and flooding. Declaration Date: June 16, 2022 Incident Period: June 10, 2022 – July 5, 2022 The following counties require reinspection: Carbon, Park, Stillwater, and Yellowstone […]

Announcement 2022 : - ARM Availability for Jumbo Elite Product

SUBJECT: ARM Availability for Jumbo Elite Product DATE: May 27, 2022 REMN has made several enhancements to our Jumbo Elite product including the addition of ARMs. ARM Parameters: 5/6, 7/6, and 10/6 fully amortizing ARM Caps: 2/1/5 (5/6 ARM) or 5/1/5 (7/6 and 10/6 ARM) Index: SOFR (30 Day Average) Margin: 2.75 Floor: 2.75 No […]

Announcement 2022 : - FEMA Disaster Declaration for New Mexico

SUBJECT: FEMA Disaster Declaration for New Mexico DATE: May 5, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4652 for the state of New Mexico due to wildfires and straight line winds. Declaration Date: May 4, 2022 Incident Period: April 5th – Ongoing The following counties require reinspection: Colfax, Lincoln, Mora, San Miguel, […]

Announcement 2022 : - Simple Access Product Updates

SUBJECT: Simple Access Product Updates DATE: February 11, 2022 Due to volatility in the non-QM market, we have been forced to make several temporary changes to our Simple Access product suite.  These changes are effective immediately and apply to loans being submitted as well as pipeline loans. RATE EXTENSIONS Our current policy of no more […]

Announcement 2022 : - Flood Certification Fee Increase

SUBJECT: Flood Certification Fee Increase DATE: February 8, 2022 REMN Wholesale’s flood search fee will be increasing effective Friday February 11, 2022. Important changes starting Friday 2/11: The new flood cert fee is $11.00 REMN prepared disclosures will reflect the new fee Broker and Emerging Banker prepared disclosures will have the flood cert fee redisclosed […]

Announcement 2022 : - FEMA Disaster Declaration for Tennessee

SUBJECT: FEMA Disaster Declaration for Tennessee DATE: January 19th, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4637 for the state of Tennessee due to severe storms, straight line winds and tornadoes. Declaration Date: January 14, 2022 Incident Period: December 10 December 11, 2021 The following counties require reinspection: Cheatham, Davidson, Dickson, Gibson, […]

Announcement 2022 : - FEMA Disaster Declaration for Washington State

SUBJECT: FEMA Disaster Declaration for Washington DATE: January 7, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4635 for the state of Washington due to flooding and mudslides. Declaration Date: January 5, 2022 Incident Period: November 13 November 15, 2021 The following counties require reinspection: Clallam County), Lummi Indian Reservation, Nooksack Indian Reservation, […]

Announcement 2022 : - FEMA Disaster Declaration for Colorado

SUBJECT: FEMA Disaster Declaration for Colorado DATE: January 3, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4634 for the state of Colorado due to wildfires and straight line winds Declaration Date: December 31, 2021 Incident Period: December 30, 2021 – ongoing The following counties require reinspection: Boulder If the subject property is […]

2021 Announcements

Announcement 2021 : - REMN’s December Holiday Hours

Subject: REMN’s December Holiday Hours Date:  December 20, 2021 Below are REMN’s December holiday hours and important information regarding rescission dates. REMN is closed on Friday, December 24 in observance of the Christmas Holiday REMN is closed on Friday, December 31 in observance of the New Year’s Holiday There will be a small team of […]

Announcement 2021 : - REMN’s Renovation Lending Software Launch

Subject:  REMN’s Renovation Lending Software Launch Date:  September 20, 2021   REMN Wholesale is pleased to announce the rollout of new software that will assist brokers in managing their renovation transactions with us. REMN’s Renovation Lending Software will go live Monday September 27, 2021 and offers many benefits for renovation loans: Key Highlights: Central repository […]

Announcement 2021 : - FEMA Disaster Declaration for Pennsylvania

Subject:  FEMA Disaster Declaration for Pennsylvania Date:  September 13, 2021 rev. September 27, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Pennsylvania due to remnants of hurricane Ida. Declaration Date:  September 10, 2021 Incident Period:  August 31, 2021 – September 5, 2021 The following counties require re-inspection:  […]

Announcement 2021 : - FEMA Disaster Declaration for North Carolina

Subject:  FEMA Disaster Declaration for North Carolina Date:  September 10, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of North Carolina due to remnants of tropical storm Fred. Declaration Date:  September 8, 2021 Incident Period:  August 16 – August 18, 2021 The following counties require re-inspection:  Buncombe, Haywood, […]

Announcement 2021 : - FEMA Disaster Declaration for New York

Subject:  FEMA Disaster Declaration for New York Date:  September 8, 2021, rev. 2 October 25, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of New York due to remnants of Hurricane Ida. Declaration Date:  September 5, 2021 Incident Period:  September 1 – September 3, 2021 The following counties […]

Announcement 2021 : - FEMA Disaster Declaration for New Jersey

Subject:  FEMA Disaster Declaration for New Jersey Date:  September 8, 2021, rev. September 21, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of New Jersey due to remnants of Hurricane Ida. Declaration Date:  September 5, 2021 Incident Period:  September 1 –September 3, 2021 The following counties require re-inspection: […]

Announcement 2021 : - FEMA Disaster Declaration for Louisiana

Subject:  FEMA Disaster Declaration for Louisiana Date:  September 1, 2021 rev. September 20, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana due to Hurricane Ida. Declaration Date:  August 29, 2021 Incident Period:  August 26, 2021-September 3, 2021 The following counties require re-inspection: Ascension Assumption East Baton […]

Announcement 2021 : - FEMA Disaster Declaration for California

Subject:  FEMA Disaster Declaration for California Date:  August 26, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of California due to wildfires. Declaration Date:  August 24, 2021 Incident Period:  July 14, 2021-ongoing The following counties require re-inspection: Lassen, Nevada, Placer, Plumas If the subject property is in one […]

Announcement 2021 : - FEMA Disaster Declaration for Tennessee

Subject:  FEMA Disaster Declaration for Tennessee Date:  August 26, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Tennessee due to flooding and severe storms. Declaration Date:  August 23, 2021 Incident Period:  August 21, 2021-ongoing The following counties require re-inspection: Dickson, Hickman, Houston, Humphreys If the subject property […]

Announcement 2021 : - Simple Access Product Updates

REMN Wholesale’s Simple Access product has been updated with several positive enhancements – including the addition of Foreign National borrower eligibility. Key Updates – General 90 LTV to $1.5MM on primary purchase with 720+ FICO 75 LTV to $2.5MM on primary purchase or rate/term refi with 720+ FICO 80 LTV to $1.5MM on a primary […]

Announcement 2021 : - FEMA Disaster Declaration for Michigan

SUBJECT:  FEMA Disaster Declaration for Michigan DATE:  July 23, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Michigan due to severe storms, flooding and tornadoes. Declaration Date:  July 15, 2021 Incident Period:  June 25-June 26, 2021 The following counties require re-inspection: Washtenaw, Wayne If the subject property […]

Announcement 2021 : - Investor Solution Product for Conventional Loans

Subject:  Investor Solution Product for Conventional Loans Date:  June 28, 2021   REMN Wholesale is pleased to announce we have added Investor Solution to our product roster, which was developed due to new purchase limits placed on Fannie Mae and Freddie Mac for second home and investment property loans. REMN’s Investor Solution offers a conventional-type […]

Announcement 2021 : - FNMA RefiNow™ Product

Subject:  FNMA RefiNow™ Product Date:  June 24, 2021   REMN Wholesale is pleased to announce we have added FNMA’s RefiNow™ to our product roster. Product Highlights The existing loan must be owned by Fannie Mae – and can be identified by using the Fannie Mae Loan Lookup Tool The borrowers on the current loan must […]

Announcement 2021 : - REMN Wholesale Servicing Updates

Subject:  REMN Wholesale Servicing Updates Date:  June 16, 2021   REMN Wholesale will be transitioning to a new sub-servicing platform effective Thursday July 1, 2021. Due to this update, Brokers and Emerging Bankers will need to be aware of the changes below: New Servicer Information Including Payment Address ServiceMac will be REMN Wholesale’s sub-servicer, handling […]

Announcement 2021 : - FEMA Disaster Declaration for Louisiana

Subject:  FEMA Disaster Declaration for Louisiana Date:  June 11, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana due to severe storms, and tornadoes. Declaration Date:  June 2, 2021 Incident Period:  May 17-May 21, 2021 The following counties require re-inspection: Ascension, Calcasieu, East Baton Rouge, Iberville, Lafayette […]

Announcement 2021 : - New URLA (1003) Form Implementation

As the industry prepares to transition over to the newly redesigned URLA (1003) form, REMN is communicating important guidance regarding loan submissions in the Hub. Below are REMN’s transition timelines from the current URLA, supported by 3.2 files to the new URLA, which will be supported by 3.4 files. The use of the new URLA […]

Announcement 2021 : - New IRS Form 4506-C

Effective March 1, 2021 the Internal Revenue Service will only be accepting transcript requests completed on a 4506-C form. The IRS is replacing the current 4506-T with the new 4506-C Income Verification Express Service (IVES) Request for Transcript of Tax Return form. The new form will provide greater protection for the taxpayer’s personal information. 4506-C […]

Announcement 2021 : - Government Platinum Pricing Updates

REMN has updated parameters for Platinum Pricing on government loans. These are effective immediately for newly submitted loans or pipeline loans that haven’t been locked. REMN makes our government Platinum Pricing easy to follow, with minimal qualification requirements: Minimum FICO score must be 700 for all borrowers on the loan Minimum loan amount of $125,000 […]

Announcement 2021 : - FHA Updates to Borrowers with DACA Status

Today HUD announced major changes to their guidelines for borrowers with Deferred Action for Childhood Arrivals (DACA) status. These changes are effective immediately and apply to new loan submission as well as pipeline loans. The following guidelines now apply to borrowers under this category: The property must be the borrower’s principal residence; The borrower must […]

Announcement 2021 : - Updates to REMN’s Government FICO Overlays

REMN Wholesale is removing all prior overlays on government loans for FICO scores 620-659. These updates are effective immediately and apply to new loans being submitted and pipeline loans. The minimum credit score is now 620 for all transactions (formerly only purchase transactions were allowed on 620-639 FICO scores) DTI per AUS or, for manual […]

Announcement 2021 : - FEMA Disaster Notice for Louisiana

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana due to Hurricane Zeta. Declaration Date:  January 12, 2021 Incident Period:  October 26-October 29, 2020 The following counties require re-inspection: Jefferson, Lafourche, Orleans, Plaquemines, St. Bernard, Terrebonne If the subject property is in one of the above counties and the […]

Announcement 2021 : - Update to Conventional AMC Designations

REMN Wholesale has made significant revisions to our Conventional AMC alignments. Brokers must use the state-specified AMC when ordering an appraisal for any FNMA or FHLMC loan. These changes are effective immediately for any new loan submissions and existing pipeline loans for which an appraisal has not been ordered. Below is an updated AMC map […]

Announcement 2021 : - Updates to Conventional Cash-Out Minimum FICO Requirement

REMN is pleased to announce we are removing our higher FICO score overlay for cash-out transactions on FNMA and FHLMC products. Effective immediately, DU/LP findings relative to credit score may be followed and applies to new submissions as well as pipeline loans. Guidelines are updated and can be found on www.remnwholesale.com. If you have any […]

Announcement 2021 : - 2020 W-2/1099 Forms and Transcripts

REMN is providing guidance on W-2/1099 and transcript requirements for 2020. The following policy applies to any loan closing or signing on or after February 1st, 2021: 2020 W-2/1099 Requirements Federal law requires employers to issue Wage and Tax Statements (W-2) and form 1099-Misc for the previous year to employees/individuals no later than January 31st […]

2020 Announcements

Announcement 2020 : - FEMA Disaster Notice for Alabama

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Alabama due to Hurricane Zeta. Declaration Date:  December 10, 2020 Incident Period:  October 28-October 29, 2020 The following counties require re-inspection: Clarke, Dallas, Marengo, Mobile, Perry, Washington, Wilcox If the subject property is in one of the above counties and the […]

Announcement 2020 : - VA Loan Limits for 2021

VA has announced their 2021 loan limits. For 2021 the same standards apply as outlined in VA Circular 26-19-23. The new loan limits apply to loans closing on or after January 1, 2021. As a reminder these limits do not apply to VA IRRRLs. There are two (2) formulas for determining the maximum loan amount: […]

Announcement 2020 : - FHA Loan Limits for 2021

HUD announced the FHA loan limits for 2021 in Mortgagee Letter 2020-41. Most counties have increased, however there are 125 counties whose maximum loan limits remained the same as 2020 limits. New loan limits apply to case numbers assigned on or after January 1, 2021: Loan limits for certain high-cost counties may be lower than […]

Announcement 2020 : - Conventional Loan Limits for 2021

The Federal Housing Finance Agency (FHFA) has announced 2021 loan limits for FNMA and FHLMC agency loans. REMN limits the maximum loan amount on Freddie Mac transactions to $1,000,000 regardless of the number of units. **NOTE** Alaska and Hawaii high-cost limits have not been implemented by FHFA, which means loan limits in these states must […]

Announcement 2020 : - Jumbo Platinum Product

REMN Wholesale is pleased to offer our new Jumbo Platinum product. Jumbo Platinum offers superior pricing for loans that meet specific parameters. Eligibility for Jumbo Platinum REMN’s jumbo product W2 or fixed income borrowers ONLY Purchase or refinance (cash-out and rate/term) Primary residence ONLY No other properties owned (including second home and investment properties. Departing […]

Announcement 2020 : - FNMA and FHLMC Adverse Refinance Market Fee

The implementation of the new adverse market refinance fee being charged by Fannie Mae and Freddie Mac will occur on December 1, 2020. REMN Wholesale has added the 50-bps fee to our rate sheet as of Friday, September 11, 2020. REMN lock pricing will include the 50-bps fee for the following: • Loans locked with […]

Announcement 2020 : - New Overlays for Renovation Loan

REMN Wholesale is notifying our clients that we are implementing overlays for renovation loans. Details of our overlays: • Purchase loan only • Minimum FICO score 680 • 1-unit property only • Maximum repair amount $150,000 or less These new overlays apply to 203(k) and HomeStyle loans, and are effective with any loan registered, locked, […]

Announcement 2020 : - Conventional Platinum W-2 Program

REMN Wholesale is pleased to offer our new Conventional Platinum W-2 program. Conventional Platinum offers superior pricing for loans that meet specific parameters. Eligibility for Conventional Platinum W-2 Program Conventional FNMA or FHLMC (including high balance) W-2 or fixed income borrowers ONLY Purchase or refinance (cash-out and rate/term) Primary residence ONLY No other properties owned […]

Announcement 2020 : - UPDATE – Covid-19 Employment and Income Reverification Requirement

***This communication replaces Announcement 2020:04 in its entirety*** REMN Wholesale has modified our guidance regarding employment and income continuation due to COVID-19. This applies to ALL product types (FNMA, FHLMC, FHA, VA and USDA) effective immediately: VERBAL VERIFICATION OF EMPLOYMENT • Employment must be re-validated by REMN no more than 5 business days prior to […]

Announcement 2020 : - Updates to REMN’s Minimum Submission Requirements

REMN Wholesale is modifying our minimum submission requirements for both initial disclosure preparation and new underwriting submissions. These changes are effective June 8, 2020. Details are outlined below. REMN-Prepared Initial Disclosures – Required Documents • Broker credit report or AUS must be run • Broker TRID Certification • Contract of Sale (purchase loans only) • […]

Announcement 2020 : - FICO Score Update for 203k Loans

REMN Wholesale has modified our minimum FICO score requirement for 203(K) loans to the following: Purchase loans – minimum FICO score is 640 Refinance loans – minimum FICO score is 700 These updates are effective with new loan submissions as of June 5, 2020. These FICO updates do not apply to existing pipeline loans (locked […]

Announcement 2020 : - FICO Score Update for Conventional Loans

REMN Wholesale has modified our minimum FICO score requirement for cash-out conventional (FNMA and FHLMC) loans. The new minimum FICO score is 680. This updated requirement applies to new loan submissions effective June 3, 2020 as well as floating pipeline loans. If you have additional questions please contact your Account Executive.

Announcement 2020 : - Forbearance Policy

DATE: May 27, 2020  In response to current market conditions due to the COVID-19 pandemic, REMN Wholesale is announcing a forbearance loan policy. This policy is effective immediately and applies to both new submissions and loans currently in the pipeline. Overview REMN Wholesale’s forbearance policy: Gives direction for transactions where the borrower is in a […]

Announcement 2020 : - Loan Submissions with a TBD Property Address

DATE: May 19, 2020 REMN Wholesale is temporarily suspending submissions and initial disclosure preparation for loans that do not have a property address (TBD loans). This guidance is effective with new submissions as of Tuesday, May 19, 2020 until further notice. If you have additional questions please contact your Account Executive.

Announcement 2020 : - VA Appraisal Guidance

DATE: April 6, 2020 REMN Wholesale has modified our policy regarding appraisal inspection report types due to new guidance from VA. In response to COVID-19, reduced documentation may be permitted in certain circumstances. The below guidance provided is effective immediately for loans closing after March 27, 2020. PURCHASE AND CASH-OUT TRANSACTIONS • Traditional appraisal – […]

Announcement 2020 : - IRS Tax Transcript Policy Update Due to COVID-19

DATE: March 27, 2020 REMN Wholesale utilizes a random loan selection to obtain tax transcripts. Due to the COVID-19 situation, there are significant delays in the processing of IRS transcripts. In order to accommodate for this delay, REMN has amended our IRS tax transcript policy effective immediately: RECEIPT OF TRANSCRIPTS – FNMA, FHLMC, FHA & […]

Announcement 2020 : - Updates to Government FICO and DTI Requirements

DATE: March 27, 2020 Due to continued Covid-19 market volatility and anticipated economic implications, REMN Wholesale is imposing temporary restrictions to our government lending policies including FICO and DTI limitations. This applies to new loan submissions dated 3/27/2020 and after. PRODUCTS IMPACTED: • FHA, VA, and USDA, including Streamlines and Interest Rate Reduction Refinances o […]

Announcement 2020 : - Covid-19 Employment and Income Reverification Requirements

DATE: March 26, 2020 REMN Wholesale has modified our requirements in response to Fannie and Freddie’s guidance regarding employment and income continuation due to COVID-19. In addition, as FHA, VA and USDA have not yet provided guidance, REMN will be applying the new guidance to ALL product types (FNMA, FHLMC, FHA, VA and USDA) effective […]

Announcement 2020 : - FNMA & FHLMC Appraisal Guidance

Rev. June 28, 2020 **This guidance has been extended and is effect for applications taken on or before July 31, 2020** REMN Wholesale has modified our policy regarding appraisal inspection report types due to new guidance from FNMA and FHLMC. In response to COVID-19, reduced documentation may be permitted in certain circumstances. The below guidance […]

Announcement 2020 : - Extension to Pay 2019 Federal Taxes

REMN Wholesale has modified our policy regarding the validation of any taxes owed due to new legislation enacted by the federal government. Taxpayers will be allowed to defer the payment of any taxes owed for the 2019 tax year until 90 days after April 15, 2020. Filing of 2019 Tax Returns Tax returns must still […]

Announcement 2020 : - Suspension of Non-QM Programs

DATE: March 18, 2020 rev. March 23, 2020 **UPDATE – Due to the continuation of volatile secondary market conditions, REMN Wholesale is unable to proceed with any Non-QM or Jumbo loans. All Non-QM and Jumbo programs are suspended indefinitely, and may not be submitted, underwritten, locked or funded, until further notice** Due to secondary market […]

2019 Announcements

Announcement 2019 : - Conventional Loan Limits for 2020

The Federal Housing Finance Agency (FHFA) has announced 2020 loan limits for FNMA and FHLMC agency loans. The complete list of counties (including high-cost area counties) can be found via this link: Federal Housing Finance Agency. REMN limits the maximum loan amount on Freddie Mac transactions to $1,000,000 regardless of the number of units. **NOTE** […]

Announcement 2019 : - REMN-Prepared Initial Disclosure Package

REMN Wholesale is pleased to announce that effective Wednesday, October 30 the REMN-generated initial disclosure package will include all Federal and State disclosures. Here are some important details about this feature: This is available for brokers that have transitioned over to the Hub, REMN’s new portal. When brokers select REMN to prepare their initial disclosure […]

Announcement 2019 : - FEMA Disaster Declaration – Texas

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Texas due to tropical storm Imelda. Declaration Date: October 4, 2019 Incident Period: September 17, 2019 through September 23, 2019 The following counties require re-inspection: • Chambers, Harris, Jefferson, Liberty, Montgomery, and Orange If the subject property is located in one […]

Announcement 2019 : - REMN Wholesale Streamlines Submission Process With The Hub Broker Portal

REMN Wholesale, an industry leader in customer service and consistent same day turn times, is introducing their revamped portal on Monday, July 1, 2019. Appropriately named The Hub (hub.remnwholesale.com), the new portal will provide a central location for partners to submit and manage their pipeline. The Hub allows REMN’s customers to initiate live chats with […]

Announcement 2019 : - Simple Access Asset Qualifier

REMN Wholesale has added Asset Qualifier to its Simple Access suite of products. This program is designed for borrowers who are sound credit risks based on a common-sense approach to underwriting. • Loan amounts up to $3.5MM • Interest only feature available with no reduction to LTV • No Income Documentation necessary • Credit scores […]

Announcement 2019 : - Tax Service Fee Update

REMN Wholesale’s tax service fee will be changing with new loans submitted on or after March 18, 2019. Our tax service fee will be reduced from $83 to $70 on the following products: • Conventional (Fannie/Freddie) • Jumbo/Jumbo Flex • Non-QM (Elite Plus, Expanded Plus, and Simple Access) Please contact your Account Executive with any […]

Announcement 2019 : - FEMA Disaster Declaration – Alabama

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Alabama due to severe storms, straight-line winds, and tornadoes. Declaration Date: March 5, 2019 Incident Period: March 3, 2019 The following county requires a re-inspection: • Lee If the subject property is located in the above county and the appraisal was […]

Announcement 2019 : - FEMA Disaster Declaration – Alaska

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Alaska due to the earthquake. Declaration Date: January 31, 2019 Incident Period: November 30, 2018 The following boroughs require a re-inspection: • Anchorage, Kenai Peninsula, and Matanuska-Susitna If the subject property is located in one of the above boroughs and the […]

Announcement 2019 : - REMN Wholesale Servicing Updates

DATE: January 31, 2019 REMN Wholesale is pleased to announce that we will be transitioning to a new servicing platform effective Friday, February 1, 2019. Due to this update, our mortgagee clause and payment address are changing. New Mortgagee Clause (Including Hazard, Flood, Wind, Hail, etc.) Homebridge Financial Services, Inc. D/B/A Real Estate Mortgage Network […]

Announcement 2019 : - 2018 W2 and 1099 Forms

DATE: January 29, 2019 REMN Wholesale’s policy for receipt of 2018 W2/1099 forms can be found below. This guidance is applicable for all loan products that require income documentation: If the AUS findings or program requirements for manually underwritten loans require a W2 or 1099 for income qualification, REMN Wholesale requires receipt of the most […]

Announcement 2019 : - Conventional AMC Update

Effective: January 16, 2019 REMN Wholesale is pleased to announce a revision to our Conventional AMC in the State of California to Golden State AMC. This change is effective immediately for any new loan submissions and existing pipeline loans in which an appraisal has not been ordered. Below is an updated AMC map for Conventional […]

2018 Announcements

Announcement 2018 : - FEMA Disaster Declaration – California

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of California due to wildfires. Declaration Date: November 12, 2018 Incident Period: November 8, 2018 through November 25, 2018 The following counties require re-inspection: • Butte, Los Angeles, and Ventura If the subject property is located in one of the above counties […]

Announcement 2018 : - Conventional Loan Limits for 2019

The Federal Housing Finance Agency (FHFA) has announced the 2019 loan limits for FNMA and FHLMC agency loans. Read about these updates on our site now!

Announcement 2018 : - Updates to the Simple Access Program

REMN Wholesale is pleased to announce enhancements to the Simple Access program. Full product guidelines can be found on www.Remnwholesale.com Key Product Changes: • Maximum LTV/CLTV increased to 85% for 1-4-unit primary residence transactions. For transactions in which the LTV/CLTV is 80.01% to 85%: • Purchase and rate/term transactions only • Minimum 720 credit score […]

Announcement 2018 : - Updates to the Expanded Plus Program

REMN Wholesale is pleased to announce updates to the Expanded Plus program. Full product guidelines can be found on www.remnwholesale.com. Key Product Changes: Qualifying Rates: • Qualify at the greater of the Start Rate or Fully Indexed Rate (i.e. Current Index + Margin) for income ratio calculations. The same rule applies to the Interest- Only […]

Announcement 2018 : - Third Party Processing Fees – Updated

REMN Wholesale is pleased to announce additional enhancements and clarifications to our position on third party processing fees and the eligibility of these based on whether the broker compensation is lender paid or borrower paid. Third Party Processing Company Requirements: When a third party processing company is used, the following items are required: (1) An […]

Announcement 2018 : - FEMA Disaster Declaration – Wisconsin

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Wisconsin due to severe storms, tornadoes, straight-line winds, flooding, and landslides. Declaration Date: October 18, 2018 Incident Period: August 17, 2018 through September 14, 2018 The following counties require re-inspection: • Crawford, Dane, Juneau, La Crosse, Marquette, Monroe, Richland, Sauk and […]

Announcement 2018 : - FEMA Disaster Declaration – Georgia

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Georgia due to Hurricane Michael. Declaration Date: October 14, 2018 Incident Period: October 9, 2018, through October 23, 2018. The following counties require re-inspection: • Baker, Calhoun, Clay, Crisp, Decatur, Dougherty, Early, Grady, Laurens, Lee, Miller, Mitchell, Randolph, Seminole, Sumter, Terrell, Thomas, […]

Announcement 2018 : - FEMA Disaster Declaration – Florida

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Florida due to Hurricane Michael. Declaration Date: October 11, 2018 Incident Period: October 7, 2018 through October 19, 2018 The following counties require re-inspection: • Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Leon, Liberty, Taylor, Wakulla, Washington If the subject property is […]

Announcement 2018 : - New Product – Simple Access

DATE: October 1, 2018 REMN Wholesale is pleased to announce the Simple Access program is now available to our clients. Full product guidelines can be found on www.remnwholesale.com and the REMN rate sheet reflects the pricing for Simple Access. Simple Access loans will require a manual lock. Brokers must complete the REMN Manual Lock Request […]

Announcement 2018 : - FEMA Disaster Declaration – South Carolina

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of South Carolina due to Hurricane Florence. Declaration Date: September 16, 2018 Incident Period: September 8, 2018 through October 8, 2018 The following counties require re-inspection: • Chesterfield, Darlington, Dillon, Florence, Georgetown, Horry, Marion, Marlboro If the subject property is located in […]

Announcement 2018 : - FEMA Disaster Declaration – North Carolina

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of North Carolina due to Hurricane Florence. Declaration Date: September 14, 2018 Incident Period: September 7, 2018, through September 29, 2018 The following counties require re-inspection: • Anson, Beaufort, Bladen, Brunswick, Carteret, Chatham, Columbus, Craven, Cumberland, Duplin, Durham, Greene, Guilford, Harnett, Hoke, […]

Announcement 2018 : - Announcing the Freddie Mac HomeOne Program

To expand access to mortgage credit, Freddie Mac has introduced the HomeOne Mortgage available to REMN Wholesale as of Monday 8/20/18. HomeOne offers: Low down payment options with no specific income or geographic restrictions unlike those needed for HomePossible products. Highlights of HomeOne include: 1-unit Primary Residences Only Includes Condos and PUDS (Manufactured Homes NOT […]

Announcement 2018 : - FEMA Disaster Declaration – Hawaii

6.19.18 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Hawaii due to volcanic eruption and earthquakes. Declaration Date: May 11th, 2018 Incident Period: May 3, 2018 and ongoing The following counties require re-inspection: •Hawaii county If the subject property is located in the above county and the appraisal was […]

Announcement 2018 : - FEMA Disaster Declaration – North Carolina

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of North Carolina due to severe storms and tornadoes. Declaration Date: May 8th, 2018 Incident Period: April 15, 2018 The following counties require re-inspection: Guilford and Rockingham counties If the subject property is located in one of the above counties and the […]

Announcement 2018 : - FEMA Disaster Declaration – Indiana

Rev. 6.19.18 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Indiana due to severe storms and tornadoes. Declaration Date: May 5th, 2018 Incident Period: February 14, 2018 – March 4, 2018 The following counties require re-inspection: •Carroll, Clark, Dearborn, Elkhart, Floyd, Fulton, Harrison, Jasper, Jefferson, Kosciusko,LaPorte, Lake, Marshall, Ohio, […]

Announcement 2018 : - FEMA Disaster Declaration – Alabama

FEMA Disaster Declaration – Alabama The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Alabama due to severe storms and tornadoes. Declaration Date: April 27, 2018 Incident Period: March 19, 2018 – March 20, 2018 The following counties require re-inspection: • Calhoun, Cullman, and Etowah counties If the subject property […]

Announcement 2018 : - IRS Form 4506T

The IRS has released a new Form 4506T with a revision date of July 2017. Please begin using this new form immediately. Effective March 1, 2018, any requests received on the older version will be rejected by the IRS. As a reminder, electronic signatures cannot cover any portion of the Attestation Statement area or will […]

Announcement 2018 : - FNMA Guideline Updates

FNMA updated their guidelines in Fannie Mae Announcement 2018-01, issued January 30, 2018. Highlights Include: Federal Tax Installment Plans Borrowers with IRS Tax Installment Plans are now eligible for financing with FNMA subject to the following requirements: No federal tax lien has been filed in the County where the subject property is located; Documentation of […]

Announcement 2018 : - Government Loan FICO Enhancements

REMN Wholesale is pleased to announce enhancements to FHA, VA and USDA program overlays as detailed below. Credit Qualifying Loans with a FICO score of 600 or greater * ALL restrictions with a 600 or greater FICO score have been removed; standard REMN guidelines apply – The previous requirement of borrower’s own funds and two […]

Announcement 2018 : - FEMA Disaster Declaration – California

  FEMA Disaster Declaration – California The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state California of due to wildfires, flooding, mudflows, and debris flows. Declaration Date:  January 2, 2018 Incident Period:  December 4, 2017 – ongoing The following counties were identified by FEMA: Los Angeles, San Diego, Santa Barbara, Ventura […]

Announcement 2018 : - FEMA Disaster Declarations – California

  FEMA Disaster Declarations – California The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of California due to wildfires. Declaration Date: January 16, 2018 Incident Period: December 4th, 2017 (on-going) The following counties require re-inspection: Los Angeles, San Diego, Santa Barbara, and Ventura counties. If the subject property is located […]

2017 Announcements

Announcement 2017 : - Texas Section 50(a)(6) Transactions Updates

The Texas Legislature recently amended the requirements of Texas Section 50(a)(6) that are effective with transactions closed on and after January 1, 2018. The changes include: The permissible fees limitation was lowered from 3% to 2% More fees are excluded from the fee calculation Agricultural properties are now eligible (previously ineligible) New and updated disclosures […]

Announcement 2017 : - HMDA – New Demographic Information Addendum

The new HMDA data requirements under Dodd-Frank will be mandatory for loan applications taken on or after January 1, 2018. The expanded demographic information collected and reported by lenders and individual brokers will be available to the public on the Consumer Financial Protection Bureau’s (CFPB) website. The new Demographic Information Addendum provides expanded fields to […]

Announcement 2017 : - 2018 Conventional Loan Limits

The Federal Housing Finance Agency (FHFA) has announced an increase to the maximum loan limits for 2018 for both conforming and high balance/super conforming loan amounts. The loan limits apply to both Fannie Mae and Freddie Mac transactions. *REMN limits the maximum loan amount on Freddie Mac transactions to $1,000,000 regardless of the number of […]

Announcement 2017 : - 2018 VA Loan Limits

The Department of Veterans Affairs (VA) has announced the 2018 loan limits in VA Circular 26-17-41 issued December 12, 2017. The new loan limits are effective for VA loans funding on and after January 2, 2018. VA loan limits for 2018 will match conventional loan limits as set by the Federal Housing Finance Agency (FHFA) […]

Announcement 2017 : - 2018 FHA Loan Limits

The Department of Housing and Urban Development (HUD) has announced the 2018 loan limits in HUD Mortgagee Letter 2017-16, issued December 7, 2017. The FHA loan limit for the low-cost area “floor” and the high-cost area “ceiling” have increased. Any area where the loan limit exceeds the “floor” is a high cost area. The new loan […]

Announcement 2017 : - FEMA Disaster Declaration – California

October 17, 2017   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of California due to wildfires. Declaration Date: October 10, 2017 Incident Period: October 8, 2017 The following counties require re-inspection: Butte, Lake, Mendocino, Napa, Nevada, Orange, Sonoma, and Yuba counties If the subject property is located in one […]

Announcement 2017 : - FHA 203(h) Loans for Disaster

October 2, 2017 REMN Wholesale is pleased to offer FHA 203(h) Mortgage Insurance for Disaster Victims. The 203(h) loan is a specialty mortgage designed for people replacing homes that were destroyed in presidentially designated disaster areas.  Disaster victims can secure FHA financing to purchase a rebuild or purchase a new home elsewhere.  FHA makes the […]

Announcement 2017 : - Introducing TCF 2nd Lien HELOC

October 3, 2017 REMN Wholesale is pleased to offer a Home Equity Line of Credit (HELOC) second lien available through TCF Bank.  TCF HELOCs are originated and fund in TCF Banks name.  They are eligible for Broker originations when using REMN Wholesale’s first mortgage loans. Highlights include: One loan application for first mortgage to be […]

Announcement 2017 : - FHA 203(h) Loans for Disaster

September 27, 2017 REMN Wholesale is pleased to offer FHA 203(h) Mortgage Insurance for Disaster Victims. The 203(h) loan is a specialty mortgage designed for people replacing homes that were destroyed in presidentially designated disaster areas.  Disaster victims can secure FHA financing to purchase a rebuild or purchase a new home elsewhere.  FHA makes the […]

Announcement 2017 : - FEMA Disaster Declaration – Georgia

Sep. 18, 2017; rev. Sep. 20, 2017; rev. Sep. 29, 2017; rev. Oct. 3, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Georgia due to Hurricane Irma. Declaration Date: September 15, 2017 Incident Period: September 7, 2017 The following counties require re-inspection: Camden, Charlton, Chatham, Coffee, Glynn, Liberty […]

Announcement 2017 : - FEMA Disaster Declaration – Florida

September 12, 2017; rev. September 26, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Florida due to Hurricane Irma. Declaration Date: September 10, 2017 Incident Period: September 4, 2017 The following counties require re-inspection: Alachua, Baker, Bradford, Brevard, Broward, Charlotte, Citrus, Clay, Collier, Columbia, DeSoto, Dixie, Duval, Flagler, […]

Announcement 2017 : - FEMA Disaster Declaration – Texas

September 5, 2017; rev. September 8, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Texas due to Hurricane Harvey. Declaration Date: August 25, 2017 Incident Period: August 23, 2017 The following counties were identified by FEMA: Aransas, Austin, Bastrop, Bee, Brazoria, Calhoun, Chambers, Colorado, DeWitt, Fayette, Fort Bend, […]

Announcement 2017 : - FEMA Disaster Declaration – West Virginia

August 21, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of West Virginia due to severe storms, flooding, landslides, and mudslides. Declaration Date: August 18, 2017 Incident Period: July 28, 2017 to July 29, 2017 The following counties were identified by FEMA: Harrison County, Marion County, Marshall County, and […]

Announcement 2017 : - FEMA Disaster Declaration – Michigan

August 3, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Michigan due to Severe Storms and Flooding. Declaration Date: August 2, 2017 Incident Period: June 22, 2017 to June 27, 2017 The following counties were identified by FEMA: Bay County, Gladwin County, Isabella County, and Midland County If […]

Announcement 2017 : - FEMA Disaster Declaration – Arkansas

June 16, 2017 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: June 15, 2017 Incident Period: April 26, 2017 to May 19, 2017 The following counties were identified by FEMA: Benton County, Boone County, Carroll County, Clay […]

Announcement 2017 : - INTRODUCING FREDDIE MAC’S HOME POSSIBLE PROGRAMS

REMN Wholesale is pleased to announce that effective Monday, June 12, 2017 we will be offering Freddie Mac’s Home Possible and Home Possible Advantage programs. Home Possible/Home Possible Advantage are affordable lending programs designed for first-time homebuyers, move-up borrowers, retirees, very low and low-to-moderate income borrowers and borrowers in underserved areas. Income Requirements Property is […]

Announcement 2017 : - FEMA Disaster Declaration – Missouri

June 5, 2017 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: June 2, 2017 Incident Period: April 28, 2017 to May 11, 2017 The following counties were identified by FEMA: Bollinger County, Butler County, Carter County, Douglas […]

Announcement 2017 : - 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 : - 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 : - 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 : - 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 : - 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 : - 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 : - 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 : - 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, […]