Correspondent Update

Fannie Mae Conforming Fixed Product description:  Updated to allow Freddie Mac LP AUS.

VA:  Manual underwriting overlays added.  Locks beginning 12/11/2015 will be subject to the new requirements.

HUD Section 184:  Cash-out overlay removed

Conversion of Primary Residence:  Overlay disallowing AVM/BPO removed

Government Streamline Refinances:  Income overlays removed

Ch. 4 - MERS Transfers:  Timeframe update

Ch. 4 – AUS Findings section update