Bulletin 2021-028 Agency Product Updates

Agency Product Updates

NewRez LLC "NewRez" Approved Correspondent Clients: please note that effective for loans locked on or after March 15, 2021 in the Conforming Product:

 

  • DU Approve/Eligible second home and investment properties must be locked in the Fannie/Freddie Fixed or FNMA ARM product code; and
  • LPA Accept second home and investment properties must be locked in a Freddie Mac Eligible or FHLMC ARM product code.

 

Refer to the Conforming Product Profile, Product Codes for all eligible product names and codes.