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04/29/2016 CFPB: Changes to TRID coming soon
Housingwire.com by Brena Swanson - In a huge win for the industry, the Consumer Financial Protection Bureau is taking another look at the Know Before You Owe rule, answering calls to make official a lot of the informal guidance given by the bureau.
04/29/2016 ADFINET UPDATES

Click link above for the more of the latest updates to Adfinet.

FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Information Related to the Know Before You Owe TILA-RESPA Integrated Mortgage Disclosure Rule

Freddie Mac Update-04/14/16, regarding Guide Bulletin 2016-07 Announces the Principal Reduction Modification

Bulletin 2016-7, regarding Freddie Mac Principal Reduction Modification

FANNIE MAE HAS RELEASED:

Servicing Guide Announcement SVC-2016-03, regarding Servicing Guide Updates

Selling Guide Announcement SEL-2016-03, regarding Selling Guide Updates

Fannie Mae DO Release Notes for Government Loans , Release Date of January 22, 2016

Fannie Mae DU Release Notes for Lenders , Release Date of February 23, 2016

FHA HAS RELEASED:

Housing Notice HN 2016-04 , entitled Home Equity Conversion Mortgage (HECM) Program: Loss Mitigation Guidance for HECMs in Default due to Unpaid Property Charges

Mortgagee Letter 2016-6 , entitled Revised HUD 92900-A HUD/VA Addendum to Uniform Residential Loan Application

GINNIE MAE HAS RELEASED:

APM 16-02, entitled Modified Loan Documentation – Revised Subordination Requirements

MPM 16-01, entitled Notice Regarding Ginnie Mae Reviews of Collateral Modifications of Multifamily and Healthcare Loans Backing Ginnie Mae MBS in REMICs

VA HAS RELEASED:

Circular 26-16-08, entitled VA Update on Flint, Michigan Water Contamination

04/28/2016 Forget flipping houses — these retail investors flip mortgages
Marketwatch.com by Andrea Riquier - Since most people buy homes using mortgage financing, notes can be thought of as another name for mortgage agreements. After the home purchase closes, banks and other lenders usually sell them to government entities like Fannie Mae, Freddie Mac, and the Federal Housing Administration.
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