ADFINET UPDATES

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FREDDIE MAC HAS RELEASED:

Industry Letter, regarding Consumer Financial Protection Bureau's Final Rule on Ability To Repay and Qualified Mortgage Requirements

Bulletin 2013-06, regarding miscellaneous Servicing updates and requirements.

FANNIE MAE HAS RELEASED:

Fannie Mae DU Release Notes for Government Loans, Release Date of May 15, 2012

Fannie Mae DU Release Notes for Lenders, dated March 19, 2013 for March 18, 2013 Release

Servicing Announcement SVC2013-10, concerning miscellaneous servicing policy changes

Selling Announcement SEL-2013-03, regarding Selling Guide Updates

Lender Letter LL-2013-05, entitled Qualified Mortgages

FHA HAS RELEASED:

Mortgagee Letter 2013-14, entitled Minimum Cash Investment and Secondary Financing Requirements – Acceptable Documentation for Funds Provided by Federal, State, or Local Governments, their Agencies or Instrumentalities

Housing Notice H-2013-14, entitled Lender Delegation of Non-Critical Repair Administration

GINNIE MAE HAS RELEASED:

APM 13-02, entitled Revised Document Custodian Manual

MPM 13-01, entitled Change in Policy Regarding Increased Minimum Denomination Designation of Weighted Average Coupon Classes in Single-Family Transactions

VETERANS AFFAIRS HAS RELEASED:

Circular 26-13-05, entitled Late Reporting of Guaranty

RURAL HOUSING SERVICE HAS RELEASED:

Administrative Notice 4714, entitled Single Family Housing Guaranteed Loan Program–Standardized Income, Origination and Closing Templates Lender and Agency Documentation