Underwriting Guideline Updates

Bulletin 2023-070 Underwriting Guideline Updates

Newrez LLC "Newrez" Approved Correspondent Clients; effective immediately, unless otherwise noted, for all loans in pipeline for:

 

  • Topics contained in this announcement have been updated in the Conventional Conforming, FHA, VA, and USDA Underwriting Guides as of 09.28.2023
  • This memo also includes a summary of previously announced guidelines that have been incorporated into the Newrez Underwriting Guide.
  • Released agency announcements which will be published in Newrez Underwriting Guide, October 30, 2023
  • Summary of updated product releases or overlay updates.

 

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Please use this announcement as guidance until all applicable underwriting guides are published.