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11/21/2014 GSEs officially update representation and warranty policies
Housingwire.com by Ben Lane — Fannie Mae and Freddie Mac both announced changes to their respective representation and warranty policies, following through on an announcement made by Federal Housing Finance Agency Director Mel Watt at the Mortgage Bankers Association Annual Convention & Expo in October.
11/21/2014 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 2014-21, regarding Selling Representation and Warranty Framework Life-of-Loan Exclusions.

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 October 14, 2014 for October 2014 Release

Servicing Announcement 2014-20, Introducing the New Single-Family Servicing Guide

Selling Announcement SEL-2014-13, regarding Selling Guide Updates

Lender Letter LL-2014-07, entitled Updates to Compensatory Fees for Delays in the Liquidation Process, Foreclosure Time Frames and Allowable Foreclosure Attorney Fees

FHA HAS RELEASED:

Mortgagee Letter 2014-23, entitled FHA Refinance of Borrowers in Negative Equity Positions: Program Extension

Housing Notice H-2014-14, entitled Transferring Budget Authority of a Project-Based Section 8 Housing Assistance Payments Contract under Section 8(bb)(1) of the United States Housing Act of 1937

GINNIE MAE HAS RELEASED:

APM 14-17, entitled Periodic MBS Program Maintenance

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 26-14-34, entitled Annual Increase in Construction Cost Index and Specially Adapted Housing(SAH), Special Housing Adaptations(SHA), and Temporary Residence Adaptations(TRA) Grants

RURAL HOUSING SERVICE HAS RELEASED:

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

11/20/2014 Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. (November 19, 2014) — Mortgage applications increased 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 14, 2014. This week’s results included an adjustment for the Veterans Day holiday.
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