FEMA has added Santa Clara County to the list of impacted counties that were previously included in the FEMA declaration, California Wildfires (DR-4558-CA), dated August 22, 2020.
Read MoreUpdated October 14, 2020 Effective immediately, NewRez is pausing the closing and funding of loans in certain zip codes in Napa and Sonoma Counties.
Read MoreSeptember 30, 2020 - Extension of Agency Temporary Guidelines
Read MoreUpdated August 06, 2020 and September 30, 2020
Read MoreSeptember 28, 2020 Effective immediately, NewRez has updated FHA, VA, and USDA year-to-date profit and loss and balance sheet requirements and Visa type requirements.
Read MoreUpdated September 30, 2020-Clarifying self-employment temporary guidance Updated October 13, 2020-Clarifying social security tax exempt income and tax return requirement Reminder: As of October 15, 2020, tax extensions are not permitted. If tax returns are required, 2019 tax returns must be provided. Effective immediately, NewRez will align with Freddie Mac Bulletins 2020-31 and 2020-36 and Fannie Mae Announcements SEL-2020-04 and SEL-2020-05. See agency announcements for complete details. Below is a highlight of these clarifications and updates, along with additional NewRez guideline updates.
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