Fannie Mae and Freddie Mac DTI LLPA Changes
Newrez LLC "Newrez" Approved Correspondent Clients; Fannie Mae and Freddie Mac recently announced new effective dates for the DTI loan-level price adjustments (LLPAs).
Newrez will introduce the new LLPA adjustments in its Best Effort (BE) pricing as follows:
|
Lock Window |
Effective Lock Date |
|
90 Day |
04/05/2023 |
|
75 Day |
04/20/2023 |
|
60 Day |
05/05/2023 |
|
45 Day |
05/19/2023 |
|
30 Day |
06/02/2023 |
|
15 Day |
06/19/2023 |
Lock extensions and relocks will be subject to the new LLPAs if the loan is purchased after July 17, 2023, and the new agency LLPAs were not previously included.