HomeBridge, in conjunction with Bulletin 13-31 issued June 11, 2013 announcing the new 5/1 and 7/1 ARMs, has updated the Agency Conforming and High Balance matrices with the maximum LTV limits set by Fannie Mae on ARM products. A separate ARM grid has been added to both matrices.
The ARM grid is attached to this Bulletin and the updated matrices will be posted on the HomeBridge website at www.homebridgewholesale.com this afternoon.
(view pdf for grids and footnotes)