Here are our most recent bulletins, for full list, please login.

Bulletin 2020-058 Temporary Underwriting Guidance Job Aid by Bulletin

A job aid titled Temporary Underwriting Guidance Job Aid by Bulletin has been created, which compiles a list of the bulletins, their topics, and their summaries, published as a result of temporary COVID-19 guidance.

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Bulletin 2020-059 West Virginia Lending Requirements

The following guideline changes have been made to Conventional and Government products to accommodate West Virginia state lending regulations.

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Bulletin 2020-057 FHA Updates – COVID-19 Temporary Guidance for Re-verification of Self-Employment and Receipt of Rental Income

Temporary COVID-19 guidance for the re-verification of self-employment income and the validation of receipt of rental income for FHA mortgages has been updated. The changes reflect recent guidance issued in FHA Mortgagee Letter 2020-24.

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Bulletin 2020-055 Conforming Transactions – Self-Employed Borrowers

Effective immediately, for loans submitted to NewRez for underwriting where a borrower is self-employed, the following information is needed in order to move the loan from set-up to the underwriting queue.

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Bulletin 2020-056 Extension of Agency Temporary Guidelines

NewRez will be aligning with Fannie Mae Lender Letters LL-2020-03 and LL-2020-04 and Freddie Mac Bulletin 2020-27, dated July 9, 2020, in extending the temporary underwriting and appraisal policies previously announced for application dates through August 31, 2020.

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