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USDA Update - 11/7/18

USDA has made many changes to HB-1-3555, Chapter 9: Income Analysis, effective with applications submitted to USDA for Conditional Commitment requests beginning December 15, 2018.

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Hurricane Michael Updates - 11/6/18

FEMA has now issued an incident period end date for Hurricane Michael in Georgia.

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Disaster Policy Update

Effective immediately, New Penn Financial has updated the Disaster Policy for FEMA declared disasters.

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Hurricane Michael Update - 10/30/18

As a follow up to Announcements 2018-77, 2018-81, 2018-83 and 2018-88, New Penn Financial continues to monitor the impact from Hurricane Michael.

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Conventional Updates - 10/29/18

Effective with new registrations and pipeline loans on Monday, October 29, 2018, New Penn Financial is making certain updates where applicable to our Conventional, HomeReady®, Home Possible®, DURP and LPOA guidelines as noted below.

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Home Possible Updates - 10/29/18

Freddie Mac Seller/Servicer Guide Bulletin 2018-13 contained multiple updates to the Home Possible® and Home Possible Advantage® products which go into effect on October 29, 2018.

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