Latest News Category: Bulletin

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 […]

Topic included in Bulletin W14-024: South Carolina added as an approved state Only offices with a licensed Regional Sales Manager may originate business in South Carolina Systems have been updated […]

Topic included in Bulletin W14-023: CMS has published USDA guidelines, which are effective immediately Conventional, FHA Standard and High Balance and VA Standard and High Balance Matrices and Guidelines have […]

Topic included in Bulletin W14-022: CMS now permits LP or DU to be run as the initial AUS on a loan Note; DU is the preferred AUS of CMS and […]

Topic included in Bulletin W14-021: Tax transcripts are required on all qualifying borrowers Bulletin outlines the documentation requirements for 2013 tax transcripts for: Salaried Borrowers Retired Borrowers Self-Employed Borrowers After […]

Topic included in Bulletin W14-020: The Broker Compensation Agreement has been updated, with the following changes: Amended the Borrower Paid Compensation (BPC) cap to read – BPC is capped at […]

Topic included in Bulletin W14-019: Monday, February 17, 2014 is Presidents Day and is a Federal Holiday The Lock Desk will be closed on Monday, February 17, 2014 Normal Lock […]

Topic included in Bulletin W14-018: CMS announces the acceptance of additional Down Payment Assistance Programs (DPAs), effective immediately The Bulletin lists all DPAs approved by CMS DPAs must be formally […]

Topic included in Bulletin W14-016: Account Executives will no longer be required to be licensed in the state of Kentucky Account Executives will continue to be required to be licensed […]

Topic included in Bulletin W14-017: The following matrices have been updated and are effective immediately: FHA Standard and High Balance FHA $100 Down Payment FHA 203(k) Streamline USDA FHA Streamline […]