Bulletin 2023-045 Conventional LLPA Changes

Conventional LLPA Changes

Newrez LLC "Newrez" Approved Correspondent Clients; The Federal Housing Finance Agency (FHFA) has announced the rescission of the DTI ratio-based fees previously communicated on announcement 2023-015.


Based on this decision, Newrez has updated the Best Effort rate sheets for all Best Effort Commitments to reflect the elimination of those fees and has also adjusted any impacted locks.