NewRez will be aligning with Fannie Mae Lender Letters LL-2020-03 and LL-2020-04 and Freddie Mac Bulletin 2020-27, dated July 9, 2020, in extending the temporary underwriting and appraisal policies previously announced for application dates through August 31, 2020.
Read MoreEffective immediately, the below updates are being made to the FEMA Declared Disaster Policies and Procedures. The Policies and Procedures document on the NewRez intranet will be updated in the near future.
Read MoreEffective immediately, NewRez is aligning with the updates announced in Fannie Mae’s Selling Guide Announcement SEL-2020-03.
Read MoreThe following updates are effective immediately, for all loans in pipeline or locked loans.
Read MoreOn July 9, 2020, FEMA announced a Major Disaster Declaration pertaining to severe storms and flooding in Michigan, with an Incident Period End Date of May 22, 2020.
Read MoreOn July 9, 2020, FEMA announced a Major Disaster Declaration pertaining to an earthquake and aftershocks in Utah, with an Incident Period End Date of April 17, 2020.
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