During the recent “dark age” of the mortgage business FNMA put continuity of obligation rules in place to try to slow down the real estate crash. 

Working in the mortgage business sometimes I forgot that FHLMC and FNMA are competing companies, most lenders work with both companies so they just seem

UberWriter is in the news See our write up in Mortgage Women Magazine. http://www.mortgagewomen-digital.com/mwmag/march_2016?pg=36#pg36 Michael Whitbeck and David Stamm sat down with AR Smith to

A few years back FNMA updated their website to include a well designed, searchable, web based version of Allregs.  In 2015 for the FHA program

NOTICE:  Due to regulation changes the content of this article is no longer current.   For years FNMA’s guidelines for self-employed borrowers who receive income

FNMA Form 1084 Is Better, But Not Perfect If you have been following my blogs a recurring theme is how both agencies have made many updates

We are one month into the New Year, many people are a few weeks into progress on their plans for 2016, if one of your

During 2015 FNMA had notified users in a few of the SEL’s about guideline clarifications on self employed borrowers that felt a bit like a seesaw. 

Is your CPA Getting it Wrong? Recently I was working on a purchase loan for a borrower who is self-employed and owns three different businesses. 

Over the last few blogs I have been reviewing the recent guideline changes from both FNMA and FHLMC.  In this blog I want to move outside

Have you ever completed a process at work over and over, so much so that you don’t even think of the action when you are

Both of the GSE’s continue to review and revamp their guidelines on a number of topics, today’s blog we will go over the changes that

Over the last few weeks we have been talking about some big changes in the guidelines over at Fannie Mae, but Freddie Mac is also

Last week we began to go over the multiple changes to the underwriting guidelines announced in the last few months of SEL’s published by FNMA. 

FNMA has been busy reviewing and revamping their guidelines over the last few months.  Kudos to FNMA’s Chief Credit Officer Carlos Perez and his team