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 | Mar 27, 2020 | COVID-19, News
StoneHill is continuously monitoring the COVID-19 pandemic to anticipate any adverse impact to our clients, employees, or business processes. We have proactively migrated our team to remote work to ensure their safety and to adhere with various public health...
by Donna Rowe | Mar 24, 2020 | COVID-19, News
Washington, D.C. – Today, to facilitate liquidity in the mortgage market during the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac (the Enterprises) to provide alternative flexibilities to satisfy...
by Donna Rowe | Jan 23, 2020 | News
According to Rob Chrisman’s Blog on January 10th, 2020 people wonder, does Fannie Mae require its Seller/Servicers to perform an independent audit of the Post-Closing QC Process? The answer is Yes! In an August 7, 2019 announcement, FNMA added further guidance to its...
