Bulletin 2024-070 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 as of October 24, 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.