Sally Miranda

June 2024 - Mortgage Rules Issue Released! The Rules Issue is the EASY & FAST way to catch up on Guideline Changes! Our Experts Read the Bulletins, Then Bottom Line it for you! ✔ 9 NEW Agency Updates ✔ 2 NEW All Agency Comparison Charts - FHA Self Sufficient Test & USDA Updates Old vs. New ✔ 4 Charts w/Investor Overlays Added to Agency Comparison Charts ✔ 2 NEW Social Media Posts ✔ Multiple Updated Charts - See Our 'Latest Updates' Section Updates Include – * Fannie Mae Guidelines Updates - Builder Forward Commitments & IPCs * Fannie Mae & Freddie Mac Release Annual AMI Limits for Affordable Programs * Fannie Mae Bulletin - HomeView Program and Tips to Expand Your Buyer Leads * Freddie Mac Bulletin - FAQs on Stable Employment - Some Interesting Guidance You May Not Have Known! * Fannie Mae & Freddie Mac - DU/LPA Release Notes * Freddie Mac Guideline Updates - Important Information About Flood Insurance & DTI * CFPB - Request for Information on Mortgage Loan Closing Costs Fees - Make Your Voice Heard! * FHA - New Policy for Cybersecurity Breaches Subscribers can find the "Rules Issue" under "Current Issue" on our site. Use the "Past Rules Issue" link to find Archived Rules' Issues. Keeping You Smarter Than the Competition By Simplifying the Complicated! www.mortgageguidelines.com

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ACES Q2 2024 Mortgage QC Trends Report Reveals Second Consecutive Increase in Critical Defect Rate VIEW REPORT: https://bit.ly/3CNcWFp Q2 2024 Summary of Findings: -The overall critical defect rate increased 14.56% to 1.81%. -Income/Employment remains the leading category of defects. -Defects increased in all four major underwriting categories. -Appraisal defects saw the most significant quarter-over-quarter growth across all categories, increasing by 98.33%. -Insurance defects reversed course from Q1 2024, declining 91.99%. -Largest area of concern this quarter was USDA loan defects which increased by 370.9%. #mortgageqctrendsreport #mortgageqc #mortgagequalitycontrol #acequalitymanagement #mortgageqctrends #acequality

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ACES Q2 2024 Mortgage QC Trends Report Reveals Second Consecutive Increase in Critical Defect Rate VIEW REPORT: https://bit.ly/411cGgp Q2 2024 Summary of Findings: -The overall critical defect rate increased 14.56% to 1.81%. -Income/Employment remains the leading category of defects. -Defects increased in all four major underwriting categories. -Appraisal defects saw the most significant quarter-over-quarter growth across all categories, increasing by 98.33%. -Insurance defects reversed course from Q1 2024, declining 91.99%. -Largest area of concern this quarter was USDA loan defects which increased by 370.9%. #mortgageqctrendsreport #mortgageqc #mortgagequalitycontrol #acequalitymanagement #mortgageqctrends #acequality

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Mortgage demand remained stagnant for the third consecutive week, with a slight increase in total application volume driven by a surge in refinance applications. However, applications for home purchases saw a decline, reflecting ongoing challenges in the housing market despite slightly increased inventory. For details, follow the link! https://buff.ly/3xveUIb #IronTitle #HousingMarket #RealEstate #Refinance #MortgageDemand

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The top five producers with the largest jumbo loan volume had an average dollar volume of more than $99 million in 2023. Read here for more about the dollar volume of the top 20 producers. #mortgage #topproducers

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Mortgage Strategy’s Top 10 Stories: 02 Sept to 06 Sept Stay ahead of the curve in the mortgage industry with our weekly roundup. From broker skepticism on stamp duty pledges to the rise in ex-rental listings, these stories will impact the market. Read more! https://lnkd.in/ep6xNT9N #MortgageNews #HousingMarket

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Listen as West Beibers, CMB and Bob Niemi, CMB® discuss mortgage compliance in one of our latest webinars. #mortgage #mortgagecompliance #mortgagelending https://lnkd.in/g84BdG7P

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Here are 3 key lessons about advocating for responsible mortgage professionals: 1. Education is power – knowing the rules helps everyone play fair. 2. Transparency builds trust – clear info makes for better decisions. 3. Support matters – we're all in this together to make housing accessible. Let's keep the conversation going. Share your thoughts on responsible mortgage practices below. Sign the petition to make a difference. #MortgageAdvocacy #ResponsibleLending #ConsumerProtection #CaMortgagePros #CAMP

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Mortgage originators! Are you considering making a move? Thinking about the broker channel versus joining Summit Mortgage Corp? Summit Mortgage Corporation has TONS of advantages over working with a traditional broker shop. We put together a handy comparison guide below, and we would love the opportunity to chat with you! #summitmortgagecorp #joinsummit

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📹 FAQ by Mortgage Lenders: What Mortgage Products Are Compatible with My Pricing Engine Through BankingBridge? 📹 Curious about which mortgage products work with BankingBridge? We’ve got you covered! Our service supports a wide range of first mortgage products available through your pricing engine, including: 🔹 Conventional 🔹 Jumbo 🔹 High-Balance 🔹 FHA 🔹 VA 🔹 USDA 🔹 HomeReady 🔹 HomePossible Enhance your mortgage lead conversion with a versatile and comprehensive pricing engine integration. #MortgageLeads #PricingEngine #BankingBridge #FAQ #LendingSolutions #LeadGeneration #MortgageTips #AutomationSuccess #Efficiency #DigitalTransformation #LeadConversiontips #Leadconversion #mortgageleads #Mortgageleads2024 #mortgageindustry #Loanofficers #mortgageloanofficers #mortgagelenders #rates #interestrates #website #StrategicAdvantage #MortgageTech

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A lock-in or rate lock on a mortgage loan means that your interest rate won’t change between the offer and closing, as long as you close within the specified time frame and there are no changes to your application.​ 🏡🔐💫✨​ #VisionMortgageGroup: here to help you navigate through your mortgage journey! 🏡✨​👉 https://lnkd.in/gp9c_xnq #mortgageloan #homebuying #finance #realestate​

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📢 Important Update: Fannie Mae’s Updated Requirements on Market Adjustments 📢 Attention appraisers! Fannie Mae has implemented minimum standards for reporting the market analysis in support of time adjustments. These requirements are effective Feb 2025: 🔹 Illustration of Methodology: Appraisers must include an illustration of the methodology used to determine specific comparable sale time adjustments for changes in market conditions. 🔹 Market Analysis Reporting: Appraisers are required to report the market analysis that supports both the indicated overall market trend and the market-derived time adjustments for changes in market conditions. These changes are essential for meeting Fannie Mae’s standards and ensuring that your appraisal reports are up-to-date with the latest guidelines. Please go here to read the entire announcement: https://lnkd.in/gspZTVtg

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