Announcement 2026-036 Underwriting Guideline Updates – Government Loans

Underwriting Guideline Updates – Government Loans

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

• Most recent FHA, VA or USDA Mortgagee Letter, effective immediately for all loans in the pipeline, unless otherwise noted.
• Clarifications and/or corrections to the Newrez Guides as of May 28,2026
• This memo also includes a summary of:
  • Previously announced guidelines 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 the complete announcement, click here.