The following product guideline updates are effective immediately for new applications and locks as of June 16, 2020.
Read MoreNewRez Announcements 2020-026 and 2020-048 addressed the adoption of flexibilities for conventional conforming loans due to the inability of an appraiser to perform an interior inspection due to COVID-19.
Read MoreNewRez will be aligning with Fannie Mae Lender Letters LL-2020-03 and LL-2020-04 Freddie Mac Bulletin 2020-23 in extending the temporary underwriting and appraisal policies previously announced for application dates through July 31, 2020.
Read MoreThe following temporary updates are effective for loan applications on or after June 2, 2020 and remain in effect until further notice.
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