Underwriting Guideline Updates – Conforming Loans

Bulletin 2024-033 Underwriting Guideline Updates – Conforming Loans

Newrez LLC "Newrez" Approved Correspondent Clients; this announcement contains the following information:

 

  • Most recent agency announcements, effective immediately for all loans in the pipeline, unless otherwise noted.
  • Clarifications and/or corrections to the Newrez Guides effective May 30, 2024.
  • This memo also includes a summary of:
    • Previously announced guidelines have now been incorporated into the Newrez Underwriting Guide.
    • Updates to the Product Summaries and/or Overlay Matrix.

 

Please use this announcement as guidance until all applicable underwriting guides are published. To view complete bulletin, click here.