ARCHIVED BLOG POSTS
2008
FHA Product Updates Effective for all FHA loans registered and/or locked after today, Friday, March 28, minimum FICO scores will apply in all instances regardless of AUS (Automated Underwriting System) decision. Extensions will not be granted. See the chart below for minimum FICO...
03/28/2008
ALL LOANS THAT WILL BE AFFECTED BY THESE CHANGES MUST BE LOCKED IN NO LATER THAN FRIDAY, MARCH 21, 2008. NO EXTENSIONS OR RELOCKS WILL BE GRANTED IMPORTANT INFORMATION REGARDING UPCOMING AGENCY UPDATES - Elimination of LTVs 97.01-100%, Revised Minimum Credit Score Requirements and Cash-Out Refin...
03/17/2008
Updates- Important!.ELIMINATION OF THE FREDDIE MAC 100 LOAN PROGRAM Effective for Locks on or after Monday, March 17, 2008In response to the continued deterioration of credit quality and declining home values in most areas of the country, Freddie Mac is eliminating the higher risk Freddie Mac 10...
03/10/2008
