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Announcement 2025-078 Closed End Second Product Eligibility Expansion

October 30, 2025

Newrez LLC "Newrez" Approved Correspondent Clients; the following updates to the Closed End Second program are effective immediately for pipeline loans and for applications dated on or after October 30, 2025.

Enhancements include higher loan amounts, maximum financed properties and expanded appraisal policies.

To view complete announcement, click here.