by Donna Rowe | Apr 16, 2021 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Stonehill and Agency updates. Stonehill Updates Related to COVID-19 In 2020 the Stonehill Group (TSG) temporarily started placing a comment on...
by Donna Rowe | Feb 23, 2021 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. Origination Agency Updates Related to COVID-19 February 12, 2021 Freddie Mac Updates Freddie Mac Announces Guide Bulletin...
by Donna Rowe | Jan 25, 2021 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. Origination Agency Updates Related to COVID-19 January 19, 2021 Fannie Mae Updates: Fannie Mae Updates LL-2020-04: Impact of...
by Donna Rowe | Nov 23, 2020 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. Origination Agency Updates Related to COVID-19 November 17, 2020 Fannie Mae LL-2020-04: Impact of COVID-19 on Appraisals...
by Donna Rowe | Aug 27, 2020 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. Origination Agency Updates Related to COVID-19 August 5, 2020 Freddie Mac We continue to work closely with Fannie Mae under the...
by Donna Rowe | Jul 2, 2020 | COVID-19, News
The StoneHill Group continually monitors the mortgage industry for changes that impact our clients. Here are the most recent Agency updates. June 26, 2020 Temporary Waiver of QC Requirements for Early Payment Defaults Today, June 22, 2020, FHA issued a temporary...
by Donna Rowe | Jun 10, 2020 | COVID-19, News
Fannie Mae Requirements for borrowers using self-employment income to qualify Effective: Lenders are encouraged to apply these requirements to existing loans in process; however, they must be applied to loans with application dates on or after Jun. 11, 2020 until...
by Donna Rowe | May 15, 2020 | COVID-19, News
As a result of the COVID-19 pandemic, the agencies have issued temporary flexibilities around certain items. The Stonehill Group has compiled a list of these changes for your convenience. Please click on the link to review all COVID-19 Updates from the agencies.
by Donna Rowe | Apr 15, 2020 | COVID-19, News
HUD is working to provide Mortgagees and Borrowers with additional Loss Mitigation Home Retention Options due to the COVID-19 National Emergency, clarify requirements around these options, and fully implement the Coronavirus Aid, Relief, and Economic Security Act...
by Donna Rowe | Apr 15, 2020 | COVID-19, News
As stated in the April 14, 2020 HousingWire Article; Citing the need to “extend financing to creditworthy households and businesses quickly in the wake of the national emergency declared in connection with COVID-19,” a trio of federal banking regulators announced...
