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12/19/2014 Fannie Mae explains 6 ways to push borrowers to refi
Housingwire.com by Brena Swanson — While 3.2 million people nationwide have taken advantage of HARP, there are still 800,000 left out there who may benefit. But the FHFA has had one huge hurdle to overcome: people think HARP is a scam.
12/19/2014 ADFINET UPDATES

Click link above for new updates to Adfinet.

FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Reminder of Requirements for Notification of Certain Seller/Servicer Activities and Changes

Bulletin 2014-24, regarding Selling and Servicing Updates.

FANNIE MAE HAS RELEASED:

Fannie Mae DU Release Notes for Government Loans, Release Date of September 2, 2014

Fannie Mae DU Release Notes for Lenders, dated December 8, 2014 for December 2014 Release

Servicing Announcement 2014-21, concerning Servicing Guide Updates

Selling Announcement SEL-2014-16, regarding Selling Guide Updates

Lender Letter LL-2014-08, entitled Confirmation of Conventional Loan Limits for 2015

FHA HAS RELEASED:

Mortgagee Letter 2014-25, entitled Federal Housing Administration’s (FHA) Maximum Loan Limits Effective for Case Numbers Assigned on or after January 1, 2015 through December 31, 2015

Housing Notice H-2014-17, entitled Guidance for Home Equity Conversion Mortgage (HECM) Program Counselors in providing counseling to prospective HECM mortgagors, their Non-Borrowing Spouses and Heirs.

GINNIE MAE HAS RELEASED:

APM 14-18, entitled Multifamily Data Elements

MPM 14-03, entitled Change in Methodology Used to Calculate Final Distribution Date for Accretion Directed Classes in Ginnie Mae Multifamily REMIC and MX Transactions and Revised Accountants’ Agreed-Upon Procedures Report

VETERANS AFFAIRS HAS RELEASED:

Circular 26-14-39, entitled 2015 Department of Veterans Affairs County Loan Limits

RURAL HOUSING SERVICE HAS RELEASED:

Administrative Notice 4776, entitled Single Family Housing Guaranteed Loan Program-Electronic Signatures

12/18/2014 Senate approves short sale tax break
Housingwire.com by Ben Lane — Homeowners who had short sales in 2014 are now one giant step closer to receiving tax relief on any money they received as the result of the sale of their home, after the Senate passed the Mortgage Debt Forgiveness Act by a wide margin on Tuesday.
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