NewRez 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.
Read MoreThe VA has updated and clarified the temporary valuation guidance that was previously issued for VA appraisals ordered during the current COVID-19 National Emergency Declaration.
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