Latest News Category: Bulletin

Topic included in Bulletin W14-025: Reminder, that CMS Privacy Policy makes all CMS Associates responsible for protecting our customer’s confidential and sensitive information CMS Information Security Policies and Practices are designed to help protect this private information by sending encrypted email messages when the communication potentially contains private information The secure email is an automated […]

Bulletin W14-028 - Update, Sending Secured Emails is Required to Protect the Customers NPPI Topic included in Bulletin W14-030: Reminder, that CMS Privacy Policy makes all CMS Associates responsible for protecting our customer’s confidential and sensitive information CMS Information Security Policies and Practices are designed to help protect this private information by sending encrypted email […]

Topic included in Bulletin W14-033: CMS is pleased to announce the addition of Alabama and Arkansas as approved states for the Wholesale channel Systems have been updated: Pipeline Manager Encompass Pricing Engine Additional details regarding Alabama and Arkansas can be found in the state guides that are published on the Intranet Download: Bulletin - W14-033 […]

Topic included in Bulletin W14-032: FHA, VA and USDA matrices updated with decreased minimum FICO requirements to 550 on the following programs: FHA Standard and High Balance FHA Streamline 203(k) Streamline USDA Standard and High Balance VA IRRRL Decreased minimum FICO requirement to 580 on: FHA $100 Down Payment Pricing Adjustments published Effective immediately Download: […]

Topic included in Bulletin W14-031: The Washington State Department of Financial Institutions (DFI) considers all devices connected to the Internet running Windows XP a serious security risk Devices include:  PCs, Laptops and Tablets DFI has received information from credible sources that cyber criminals are poised to take advantage of this opportunity to infect and control […]

Topic included in Bulletin W14-030: Lock Desk closing early today, at 2:00 PM PST for a company meeting All lock requests, extensions and renegotiations need to be received prior to 2:00 PM PST The Lock Desk will resume normal business hours on Friday, March 21, 2014 Download: Bulletin - W14-030 (PDF)

Topic included in Bulletin W14-029: FHA Streamline and VA IRRRL matrices have been updated FHA Streamline updates include: 3-4 units added Non-Owner Occupied 1-4 units added Mortgage history overlay removed: 1x30 in past 12 months, with no late payments in the past 90 days Modification overlay removed VA IRRRL updates include: Non-Owner Occupied 1-4 units […]

Topic included in Bulletin W14-027: The Santa Ana Operations Center is the only center currently authorized to draw docs and fund loans for a South Carolina transaction Encompass has been updated with “stops” at the following milestones: Ready for Docs Docs Out Doc Signing Funding Review Funding Shipping An error message will appear at the […]

Topic included in Bulletin W14-026: Approval of additional DAPs by CMS, updates include: Columbia County, PA City of Houston, TX Harris County, TX Hillsborough County, FL City of Providence, RI City of San Antonio, TX The complete list of CMS approved DAPs is published on the Intranet Reminder:  DAPs must be formally approved by CMS, […]

Topic included in Bulletin W14-025: The Clean Desk Policy has been updated as a result of increased violations Bulletin outlines new rules: New Associates Current Associates Department Manager responsibilities Consequences for violations Effective March 1, 2014 Download: Bulletin - W14-025 (PDF)