Kudos on new FNMA 1084 form
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
February 8, 2016
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January problems hold you up in underwriting
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
February 1, 2016
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FNMA Rule – Less can be more
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.
January 19, 2016
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Not all tax preparers are created equal
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.
November 29, 2015
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HomeReady – FNMA Rebuilds the 97% LTV Program
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
November 12, 2015
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Common oversight on loans secured by assets
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
November 5, 2015
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SEL 2015-10 Eases Restrictions on Non-Occupant Co-Borrowers
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
October 13, 2015
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Freddie opens up more room for investment properties
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
October 5, 2015
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FNMA SEL 2015-07 Makes A Dollar Worth A Dollar
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.
September 14, 2015
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Departure of FNMA Departure Residence Rule SEL 2015-07
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
September 3, 2015
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Time to re-read that FNMA student loan payment section
A few weeks back I was working on a purchase loan that was submitted to underwriting for review, nothing out of the ordinary at first,
August 24, 2015
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FNMA guidelines on interest and dividend income
This installment of the Underwriting guy video blog is Interest / Dividends / Capital Gains. Today we will review the following What the guidelines from
May 12, 2015
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Multiple Financed Properties – what does and does not count?
Video Overview – Multiple Financed Properties The FNMA Multi Property Loan can be intimidating if you have not yet had to originate or underwrite a
March 28, 2015
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UberWriter Has Launched
UberWriter is exiting beta and launching on March 2, 2015. Thanks to all of our beta users in helping refine and improve the site. In
March 2, 2015
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New FNMA change is declining more borrowers
Video Overview – FNMA SEL-2014-16 Have you looked at the new FNMA SEL-2014-16 posted in December of 2014? If you work with self employed borrowers
February 18, 2015
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