Revised Document: District of Columbia Lock-In Agreement
DCLIA.MSC
Updated and separated the Loan Type/Purpose section as two separate categories (Loan Purpose and Loan Type) and replaced the "Junior" option with "Subordinate" in the Lien Position section. (Date of Release to Production: 06/20/24)
Revised Document: Connecticut Mortgage Rate Lock-In Agreement
CTMRLIA.MSC
Updated and separated the Loan Type/Purpose section as two separate categories (Loan Purpose and Loan Type) and replaced the "Junior" option with "Subordinate" in the Lien Position section. (Date of Release to Production: 06/20/24)
Revised Document: California Lock-In Agreement
CALIA.MSC
Updated and separated the Loan Type/Purpose section as two separate categories (Loan Purpose and Loan Type) and replaced the "Junior" option with "Subordinate" in the Lien Position section. (Date of Release to Production: 06/20/24)
Under the direction of the Federal Housing Finance Agency (“FHFA”), Fannie Mae and Freddie Mac (the “GSEs”) announced an aligned definition of “First-Generation Homebuyer Mortgage” and related requirements meant to establish an industry standard for this classification of homebuyers in the conventional mortgage market. The GSEs state that the definition was created with the aim of fostering growth, adoption, and greater utilization of first-generation programs to help increase homeownership rates and close gaps for historically underserved consumers.
On June 11, 2024, the U.S. Department of Veterans Affairs (“VA”) published Circular 26-24-14 to announce a new temporary local variance to guidelines that will allow buyers using VA-guaranteed home loan benefits to pay for certain real estate agent or broker compensation (“buyer-broker fees”) when purchasing a home.
Revised Document: Massachusetts Childhood Lead Poisoning Prevention Program (CLPPP)
MACLPP.MSC
Replaced bullet characters. (Date of Release to Production: 06/13/24)
Revised Document: Washington Residential Mortgage Interest Rate Lock Agreement
WAIRLA.MSC
Updated to the most recently published model form version. (Date of Release to Production: 06/13/24)
Revised Document: Mortgagee's Assurance of Completion
MAOC.FHA
Updated to the most recently published model form version. (Date of Release to Production: 06/13/24)
Revised Document: Conditional Commitment Direct Endorsement Statement of Appraised Value
928005B.HUD
Updated to the most recently published model form version. (Date of Release to Production: 06/13/24)
Revised Document: Approval of Purchaser and Release of Seller
92210.HUD
Updated to the most recently published model form version. (Date of Release to Production: 06/13/24)
