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VA Update - PACE Obligations

VA is not extending its Property Assessed Clean Energy (PACE) policy originally announced in Circular 26-16-18, which was rescinded on July 1, 2018.

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The New Penn HELOC Piggyback

Announcing the launch of our new HELOC Piggyback product.

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Conventional Updates - 7/3/18

In response to Fannie Mae’s Announcement SEL-2018-05 and Freddie Mac’s Bulletin 2018-10, we have updated our conventional product profiles accordingly.

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Conventional Income Limits Update

The income limits have been updated for both HomeReady and Home Possible.

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Final TRID Rule Issued Fixing the "Black Hole"

As you may be aware, the CFPB has released the final rule which eliminated the “Black Hole” as of June 1, 2018.

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VA Refinance Update

On May 24, 2018, the President of the United States signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act (S.2155 / P.L. 115-174).

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