Bulletin W13-080 – Update, LPMI Pricing Process

July 19, 2013Bulletins

Topic included in Bulletin W13-080:

  • Loans originated under the LPMI program must be manually priced when the loan falls into either of the following categories:
    • Primary Residence Purchase or Rate/Term Refinance transactions between 95.01% and 97%
    • Primary Residence Purchase or Rate/Term Refinance transactions with FICO <700
  • This process only affects conforming loans amounts
  • Process is temporary, once the pricing engine is updated a bulletin will be sent out
  • Process is effective immediately

Download: Bulletin – W13-080 (PDF)

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