Latest News Category: Bulletin

Topic included in Bulletin W13-084: CMS MLD announces Advertising and Marketing Approval Request Policy Policies provides the use of marketing and advertising materials The policy addresses: Electronic Communications Joint Statements […]

Topic included in Bulletin W13-083: CMS announces Associate Training and Development Policy Policy documents the policies and information regarding job specific training Policy is effective immediately Policy is posted on […]

Topic included in Bulletin W13-082: CMS announces Loan Deficiency Procedure Procedure provides the actions required by specific departments and individuals of CMS MLD to escalate and resolved aged loan deficiencies […]

Topic included in Bulletin W13-081: CMS has published a Complaint Policy Policy defines the policy how CMS MLD responds when a complaint is received Policy addresses the following types of […]

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 […]

Topic included in Bulletin W13-078: Clarification and changes are provided with regards to tax returns (1040s) and when the 4506T is required on W2 income 4506/Tax Transcript Requirements Submission Requirements/Tax […]

Topic included in Bulletin W13-077: LPMI Matrix has been updated on Conforming loan amounts Updates include: On Primary Residence Purchase and Rate/Term Refinance transactions the LTV requirements have been increased […]

Topic included in Bulletin W13-076: The following matrices have been updated: USDA VA Purchase and Refinance, Standard and High Balance VA IRRRL, Standard and High Balance FHA Purchase and Refinance, […]

Topic included in Bulletin W13-075: HomePath matrix has been updated Update includes: Non-Occupant Co-Borrowers are permitted.  However, the occupying borrower or borrowers must qualify on their own Matrix has been […]

Topic included in Bulletin W13-071: Clarification regarding escalation process with regards to appraisal issues All appraisal issues need to be sent to the Underwriter on the file Escalation if warranted […]