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Announcement 2025-045 Underwriting Guideline Updates – Government Loans

June 26, 2025

Announcement 2025-045 Underwriting Guideline Updates – Government Loans

Newrez LLC "Newrez" Approved Correspondent Clients; this announcement contains the following information:

Most recent FHA Mortgage Letter, effective immediately for all loans in the pipeline, unless otherwise noted.
Clarifications and/or corrections to the Newrez Guides as of June 26, 2025.
This memo also includes a summary of:
- Previously announced guidelines that have now been incorporated into the Newrez Underwriting Guide.
- Updates to the Product Summaries and/or Overlay Matrix.

Please use this announcement as guidance until all applicable underwriting guides are published. To view complete announcement, click here.