Underwriting Guideline Updates – Government Loans

Bulletin 2024-082 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 as of December 20, 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.