16-07

Fannie Mae Continuity of Obligation Enhancement

HomeBridge will be removing the continuity of obligation requirements for Fannie Mae transactions to align with the recent change in Selling Guide Announcement 2016-02.

The enhancement of the removal of the continuity of obligation requirements can be applied to both pipeline transactions and to new submissions effective immediately.

The product guidelines will be updated in the near future for this improvement.

If you have any questions, please contact your Account Executive.