Bulletin 2024-076 Underwriting Guideline Updates – Government Loans
Newrez LLC "Newrez" Approved Correspondent Clients; this announcement contains the following information:
- Most recent FHA Mortgage Letter, effective immediately for all loans in the pipeline, unless otherwise noted.
- Clarifications and/or corrections to the Newrez Guides effective immediately
- This memo also includes a summary as of November 25, 2024:
- 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.