Guideline Insights
Source-based notes on mortgage agency updates, with publication dates, effective dates and links to the affected worksheets.
Fannie Mae’s manual underwriting update: flag the sale date
The November lender letter changes parts of the manual Eligibility Matrix next February. Save the sale date with the worksheet before you apply a new rule.
Read the updateFannie Mae RSU continuance now starts at application for one-time awards
The October update changes which date anchors three years of expected vesting for a time-based, one-time award.
Read the updateFannie Mae rental income: choose the section before the percentage
The September restructure separates subject, short-term, non-subject, and departing-residence scenarios.
Read the updateFHA Streamline: read the August handbook revision and its November cutoff separately
The update was published in August, with optional early adoption and a November 10 mandatory date for the affected handbook changes.
Read the updateFannie Mae variable income: calculate the trend before choosing the average
The March income update consolidated bonus, commission, overtime and tip income and addressed documented nonrecurring gaps.
Read the updateFreddie Mac cash-out: a construction exception is not a blanket title waiver
A February bulletin addressed inherited or legally awarded land in specific construction-to-permanent and renovation cases.
Read the update