Announcements

SUBJECT: REMN Wholesale Mortgagee Clause Update (CPL, E&O, Title) DATE: November 8, 2024 REMN Wholesale, a division of Homebridge Financial Services, Inc., has an updated mortgagee clause address change for […]

SUBJECT: FEMA Disaster Notice for Alaska DATE: October 18, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4836 for the state of Alaska due to flooding. Declaration Date: […]

SUBJECT: FEMA Disaster Notice for Florida DATE: October 14, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4834 for the state of Florida due to Hurricane Milton. Declaration […]

SUBJECT: FEMA Disaster Notice for Tennessee DATE: October 4, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4832 for the state of Tennessee due to Tropical Storm Helene. […]

SUBJECT: FEMA Disaster Notice for Virginia DATE: October 4, 2024 (rev. October 18, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4831 for the state of Virginia due […]

SUBJECT: FEMA Disaster Notice for Georgia DATE: October 1, 2024 (rev. October 9, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4830 for the state of Georgia due […]

SUBJECT: FEMA Disaster Notice for South Carolina DATE: October 1, 2024 (rev. October 9, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4829 for the state of South […]

SUBJECT: FEMA Disaster Notice for Florida DATE: October 1, 2024 (rev. October 8, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4828 for the state of Florida due […]

SUBJECT: FEMA Disaster Notice for North Carolina DATE: October 1, 2024 (rev. October 9, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4827 for the state of North […]

SUBJECT: FEMA Disaster Notice for Vermont DATE: October 1, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4826 for the state of Vermont due to severe storms, flooding, […]

SUBJECT: FEMA Disaster Notice for Georgia DATE: September 30, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4821 for the state of Georgia due to Tropical Storm Debby. […]

SUBJECT: FEMA Disaster Notice for Illinois DATE: September 27, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4819 for the state of Illinois due to severe storms, straight-line […]

SUBJECT: FEMA Disaster Notice for Connecticut DATE: September 27, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4820 for the state of Connecticut due to severe storms, flooding, […]

SUBJECT: 2025 FNMA and FHLMC Anticipated Loan Limits DATE: September 24, 2024 REMN is pleased to announce that we will permit FNMA & FHLMC loans to utilize anticipated 2025 general/conforming […]

SUBJECT: FEMA Disaster Notice for Louisiana DATE: September 20, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4817 for the state of Louisiana due to Hurricane Francine. Declaration […]

SUBJECT: FEMA Disaster Notice for Pennsylvania DATE: September 19, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4815 for the state of Pennsylvania due to Tropical Storm Debby. […]

SUBJECT: FEMA Disaster Notice for Vermont DATE: August 22, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4810 for the state of Vermont due to severe storms, flooding, […]

SUBJECT: FEMA Disaster Notice for South Dakota DATE: August 22, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4807 for the state of South Dakota due to severe […]

SUBJECT: FEMA Disaster Notice for Florida DATE: August 16, 2024 (rev. October 4, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4806 for the state of Florida due […]

SUBJECT: FEMA Disaster Notice for Minnesota DATE: August 16, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4797 for the state of Minnesota due to severe storms and […]

SUBJECT: FEMA Disaster Notice for Kentucky DATE: August 2, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4804 for the state of Kentucky due to severe storms, straight-line […]

SUBJECT: FEMA Disaster Notice for Missouri DATE: August 2, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4803 for the state of Missouri due to severe storms, straight-line […]

SUBJECT: FEMA Disaster Notice for Texas DATE: July 15, 2024 (rev. August 18, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4798 for the state of Texas due […]

SUBJECT: FEMA Disaster Notice for Iowa DATE: June 27, 2024 (rev. July 11, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4796 for the state of Iowa due […]

SUBJECT: FEMA Disaster Notice for New Mexico DATE: June 24, 2024 (rev. July 15, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4795 for the state of New […]

SUBJECT: FEMA Disaster Notice for Florida DATE: June 20, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4794 for the state of Florida due to severe storms, straight-line […]

SUBJECT: Revisions to REMN’s Conventional AMC Map DATE: June 19, 2024 Changes are being made to REMN Wholesale’s conventional AMC map. REMN is adding Ascend Appraisal Solutions Group LLC  as […]

SUBJECT: FEMA Disaster Notice for Oklahoma DATE: June 18, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4791 for the state of Oklahoma due to severe storms, straight-line […]

SUBJECT: FEMA Disaster Notice for Mississippi DATE: June 17, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4790 for the state of Mississippi due to severe storms, straight-line […]

SUBJECT: FEMA Disaster Notice for Arkansas DATE: June 4, 2024 (revised June 17, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4788 for the state of Arkansas due […]

SUBJECT: FEMA Disaster Notice for Iowa DATE: June 4, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4784 for the state of Iowa due to severe storms. Declaration […]

SUBJECT: FEMA Disaster Notice for West Virginia DATE: May 24, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4783 for the state of West Virginia due to severe […]

SUBJECT: FEMA Disaster Notice for Kentucky DATE: May 24, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4782 for the state of Kentucky due to severe storms, straight-line […]

SUBJECT: FEMA Disaster Notice for Texas DATE: May 21, 2024 (rev. July 11, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4781 for the state of Texas due […]

SUBJECT: FEMA Disaster Notice for Massachusetts DATE: May 20, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4780 for the state of Massachusetts due to severe storms and […]

SUBJECT: FEMA Disaster Notice for Iowa DATE: May 16, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4779 for the state of Iowa due to severe storms and […]

SUBJECT: Auto-Disclosure Feature for Brokers DATE: May 9, 2024 REMN Wholesale is pleased to announce that we are enabling an Auto-Disclosure feature in our portal which will allow Brokers to […]

SUBJECT: FEMA Disaster Notice for Nebraska DATE: May 8, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4778 for the state of Nebraska due to tornadoes. Declaration Date: […]

SUBJECT: FEMA Disaster Notice for Ohio DATE: May 8, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4777 for the state of Ohio due to tornadoes. Declaration Date: […]

SUBJECT: FEMA Disaster Notice for Oklahoma DATE: May 2, 2024 (revised June 4, 2024) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4776 for the state of Oklahoma due […]

SUBJECT: Updates to REMN’s Approved MI Companies DATE: April 29, 2024 REMN Wholesale is pleased to announce that we are adding National Mortgage Insurance as an approved mortgage insurance company, […]

SUBJECT: Revisions to REMN’s Conventional AMC Map DATE: April 29, 2024 Changes are being made to REMN Wholesale’s conventional AMC map. REMN is adding Halo AMC  as an approved AMC. […]

SUBJECT: FEMA Disaster Notice for Maine   DATE: March 22, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4764 for the state of Maine due to severe storms and […]

SUBJECT: FEMA Disaster Notice for Rhode Island    DATE: March 22, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4765 for the state of Rhode Island due to severe […]

SUBJECT: FEMA Disaster Notice for Rhode Island    DATE: March 22, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4766 for the state of Rhode Island due to severe […]

SUBJECT: FEMA Disaster Notice for Washington DATE: February 16,2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4759 for the state of Washington due to wildfires. Declaration Date: February […]

SUBJECT: FEMA Disaster Notice for Rhode Island DATE: January 10, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4753 for the state of Rhode Island due to severe […]

SUBJECT: FEMA Disaster Notice for Maine DATE: FEMA Disaster Notice for Maine The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4754 for the state of Maine due to severe […]

SUBJECT: FEMA Disaster Notice for West Virginia DATE: February 2, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4756 for the state of West Virginia due to severe […]

SUBJECT: FEMA Disaster Notice for Michigan DATE: February 12, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4757 for the state of Michigan due to severe storms, tornadoes, […]

SUBJECT: FEMA Disaster Notice for California DATE: February 21,2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4758 for the state of California due to severe storms and flooding. […]

SUBJECT: FEMA Disaster Notice for California DATE: February 21, 2024 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4758 for the state of California due to severe storms and […]

REMN is pleased to announce several enhancements to our Non-QM Elite Access product effective  January 12, 2024. New Document Type Additions DSCR/Investor Cash Flow Maximum 80% LTV Maximum loan amount […]

REMN is pleased to announce that condotel properties will be eligible for our Non-QM Access product effect January 12, 2024. Condotel Details Condominium units located in condotel or hotel-like projects […]

SUBJECT: 2024 FHA Loan Limits DATE: November 30, 2023 HUD announced the FHA loan limits for 2024 in Mortgagee Letter 2023-21. New loan limits apply to case numbers assigned on […]

SUBJECT: FEMA Disaster Notice for Illinois DATE: November 28, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4749 for the state of Illinois due to severe storms and […]

SUBJECT: Updates to Access Investor Cash Flow Transactions DATE: November 20, 2023 REMN is pleased to announce an improvement to our Non-QM Access Investor Cash Flow loan product, effective immediately. […]

SUBJECT: New LTV Limit for FNMA 2-4 Unit Properties DATE: November 8, 2023 FNMA recently announced  an improvement to the LTV/CLTV/HCLTV for primary residence 2-4 units, effective with the DU […]

SUBJECT: 2024 FNMA and FHLMC Loan Limits DATE: October 19, 2023 REMN is pleased to announce that we will permit FNMA & FHLMC loans to utilize anticipated 2024 general/conforming loan […]

SUBJECT: FEMA Disaster Notice for Georgia DATE: September 12, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4738 for the state of Georgia due to Hurricane Idalia. Declaration […]

SUBJECT: FEMA Disaster Notice for Florida DATE: September 1, 2023 (rev.2 – September 12, 2023) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4734 for the state of Florida […]

SUBJECT: FEMA Disaster Notice for Illinois DATE: August 17, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4728 for the state of Illinois due to severe storms and […]

SUBJECT: FEMA Disaster Notice for Mississippi DATE: August 14, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4727 for the state of Mississippi due to severe storms, straight […]

SUBJECT: FEMA Disaster Notice for Hawaii DATE: August 11, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4724 for the state of Hawaii due to wildfires. Declaration Date: […]

SUBJECT: FEMA Disaster Notice for Vermont DATE: July 18, 2023 rev. September 22, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4720 for the state of Vermont due […]

SUBJECT: Introducing REMN’s Jumbo Gold Product DATE: May 26, 2023 REMN Wholesale is pleased to announce a new product, Jumbo Gold. Full product guidelines can be found at www.remnwholesale.com Jumbo […]

REMN Wholesale is pleased to announce enhancements to our Access program. Prepayment Penalty Prepayment Penalty has been revised to reflect six (6) months interest on the amount prepaid exceeding 20% […]

SUBJECT: Conventional Platinum Pricing Updates DATE: May 15, 2023 **The contents of this announcement supersede Announcement 2020-20, “Conventional Platinum W2 Program”** REMN Wholesale is pleased to announce enhancements to our […]

SUBJECT: FEMA Disaster Notice for Florida DATE: May 1, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4709 for the state of Florida due to severe storms, tornadoes, […]

SUBJECT: FEMA Disaster Notice for Oklahoma DATE: April 28, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4706 for the state of Oklahoma due to severe storms, straight-line […]

SUBJECT: FEMA Disaster Notice for Indiana DATE: April 18, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4704 for the state of Indiana due to severe storms, straight […]

SUBJECT: FEMA Disaster Notice for Tennessee DATE: April 10, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4701 for the state of Tennessee due to severe storms, straight-line […]

SUBJECT: FEMA Disaster Notice for California DATE: April 7, 2023 (Revised July 11, 2023) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4699 for the state of California due […]

SUBJECT: FEMA Disaster Notice for Arkansas DATE: April 3, 2023 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4698 for the state of Arkansas due to severe storms and […]

SUBJECT: Updates to REMN’s Temporary Buydown Eligibility DATE: April 3, 2023 **This Announcement updates the contents of Announcements 22-15 “Temporary Buydowns” and 23-2 “Buydowns Available for Jumbo AUS and Access […]

SUBJECT: Appraisal Orders via the Hub DATE: March 31, 2023 REMN Wholesale is introducing new appraisal-ordering functionality directly in the Hub, effective Monday April 3, 2023. With this new enhancement, […]

SUBJECT: Revisions to REMN’s Approved AMC List DATE: March 31, 2023 (rev. June 30, 2023) Revisions have been made to REMN Wholesale’s approved AMC list, including our conventional AMC map. […]

SUBJECT: FEMA Disaster Notice for Mississippi DATE: March 28, 2023 (rev. April 3, 2023) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4697 for the state of Mississippi due […]

SUBJECT: New IRS 4506C Form DATE: February 28, 2023 The IRS is implementing a new version of the 4506-C  – Form 4506-C, IVES Request for Transcript of Tax Return along […]

SUBJECT: Supplemental Consumer Information Form DATE: February 28, 2023 FHFA announced  the requirement of the new Supplemental Consumer Information Form  (SCIF – FNMA/FHLMC form 1103) to be included for all […]

SUBJECT: Updates to FHA Mortgage Insurance Premium DATE: February 28, 2023 FHA published Mortgage Letter 23-05 announcing Mortgage Insurance Premium reductions effective for case numbers with an ENDORSMENT date of […]

SUBJECT: Updates to VA Funding Fee DATE: February 23, 2023 VA published Circular 26-23-06 announcing Funding Fee reductions effective for loans with a NOTE date of April 7, 2023, and […]

SUBJECT: Enhancements to REMN’s Access Product DATE: February 3, 2023 REMN Wholesale’s is pleased to announce positive enhancements to our Access product suite. The detailed changes below are effective for […]

SUBJECT: 2022 Income Document Requirements DATE: January 23, 2023 REMN Wholesale’s policy for receipt of 2022 income forms can be found below. This guidance is applicable for all loan products that […]

SUBJECT: FEMA Disaster Notice for Georgia DATE: January 18, 2023 (Revised February 14, 2023) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4685 for the state of Georgia due […]

SUBJECT: FEMA Disaster Notice for California DATE: January 18, 2023 (Revised May 30, 2023) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4683 for the state of California due […]

SUBJECT: FEMA Disaster Notice for Alabama DATE: January 18, 2023 (Revised 2/6/23) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4684 for the state of Alabama due to severe […]

SUBJECT: Buydowns Available for Jumbo AUS and Access Loans DATE: January 13, 2023 (revised 5.25.23) *Note: Effective 5.25.23, the Jumbo AUS product has been discontinued REMN is pleased to announce […]

***Disclosure: This option no longer applies due to the availability of auto-disclosing through the HUB*** SUBJECT: Broker Opt-Out for Initial LE Review – REMN Prepared Disclosures DATE: January 4, 2023 […]

The Federal Housing Finance Agency (FHFA) has announced 2023 loan limits for FNMA and FHLMC agency loans. *This announcement supersedes REMN’s former announcement number 2022-16 regarding temporary 2023 loan limits […]

SUBJECT: FEMA Disaster Notice for South Carolina DATE: November 29, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4677 for the state of South Carolina due to Hurricane […]

SUBJECT: FEMA Disaster Notice for Illinois DATE: November 11, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4676 for the state of Illinois due to severe storms and […]

SUBJECT: Updates to REMN’s Minimum Submission Requirements DATE: November 1, 2022 REMN Wholesale is modifying our minimum submission requirements for new loan submissions to disclosure and setup. These changes are […]

SUBJECT: Updates to DSCR for Access Investor Cash Flow Loans DATE: October 21, 2022 Effective immediately, REMN’s Access Investor Cash Flow product will require a DSCR of 0.75% or greater.  […]

SUBJECT: New P&L Only Option for Access Non-QM Product DATE: October 14, 2022 Effective 10/14/2022, a P&L Statement Only alternative documentation option is available for REMN Wholesale’s Access Non-QM product. […]

SUBJECT: 2023 VA Loan Limits DATE: October 3, 2022 (Revised 10/14/22) REMN is amending maximum loan limit amounts for eligible conforming loans as noted below Maximum conforming loan amount in […]

SUBJECT: FEMA Disaster Notice for Florida DATE: October 3, 2022 (revised November 14, 2022) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4673 for the state of Florida due […]

Date: September 12, 2022 (Revised 10/14/22) REMN is amending maximum loan limit amounts for eligible conforming loans as noted below Maximum conforming loan amount in the contiguous states is $700,000 […]

Date: August 11, 2022, rev. November 9, 2022 REMN is pleased to announce the availability of Temporary Buydowns on FNMA, FHLMC, FHA, USDA, and VA products . This feature is available […]

SUBJECT: FEMA Disaster Declaration for Missouri DATE: August 10, 2022  The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4665 for the state of Missouri due to severe storms and […]

SUBJECT: FEMA Disaster Declaration for Kentucky DATE: August 1, 2022 (Revised 9/2/22) The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4663 for the state of Kentucky due to severe […]

Subject: Anti-Steering Form Requirements Date: July 22, 2022 Effective with loans registered on 7/22/2022 and after, REMN Wholesale will now include an Anti-Steering Loan Options form in our REMN-prepared initial […]

Subject: FHA ML22-09: Income Calculation for Borrowers Impacted by COVID-19 Date: July 20, 2022 FHA published Mortgagee Letter 2022-09, which provides additional underwriting consideration on the calculation or qualifying income […]

Subject: Freddie Mac Updates to ACE and PDR Eligibility Date: July 19, 2022 Freddie Mac (FHLMC) recently communicated changes to their Automated Collateral Evaluation (ACE) eligibility. This change will result […]

SUBJECT: FEMA Disaster Declaration for Oklahoma DATE: July 8th, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4657 for the state of Oklahoma due to severe storms, tornadoes, […]

SUBJECT: FEMA Disaster Declaration for Montana DATE: July 8th, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4655 for the state of Montana due to severe storms and […]

SUBJECT: ARM Availability for Jumbo Elite Product DATE: May 27, 2022 REMN has made several enhancements to our Jumbo Elite product including the addition of ARMs. ARM Parameters: 5/6, 7/6, […]

SUBJECT: FEMA Disaster Declaration for New Mexico DATE: May 5, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4652 for the state of New Mexico due to wildfires […]

SUBJECT: Simple Access Product Updates DATE: February 11, 2022 Due to volatility in the non-QM market, we have been forced to make several temporary changes to our Simple Access product […]

SUBJECT: Flood Certification Fee Increase DATE: February 8, 2022 REMN Wholesale’s flood search fee will be increasing effective Friday February 11, 2022. Important changes starting Friday 2/11: The new flood […]

SUBJECT: FEMA Disaster Declaration for Tennessee DATE: January 19th, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4637 for the state of Tennessee due to severe storms, straight […]

SUBJECT: FEMA Disaster Declaration for Washington DATE: January 7, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4635 for the state of Washington due to flooding and mudslides. […]

SUBJECT: FEMA Disaster Declaration for Colorado DATE: January 3, 2022 The Federal Emergency Management Agency (FEMA) issued Disaster Declaration 4634 for the state of Colorado due to wildfires and straight […]

Subject:  FEMA Disaster Declaration for North Carolina Date:  September 10, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of North Carolina due to […]

Subject:  FEMA Disaster Declaration for New York Date:  September 8, 2021, rev. 2 October 25, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state […]

Subject:  FEMA Disaster Declaration for New Jersey Date:  September 8, 2021, rev. September 21, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of […]

Subject:  FEMA Disaster Declaration for Louisiana Date:  September 1, 2021 rev. September 20, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana […]

Subject:  FEMA Disaster Declaration for California Date:  August 26, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of California due to wildfires. Declaration […]

Subject:  FEMA Disaster Declaration for Tennessee Date:  August 26, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Tennessee due to flooding and […]

REMN Wholesale’s Access product has been updated with several positive enhancements – including the addition of Foreign National borrower eligibility. Key Updates – General 90 LTV to $1.5MM on primary […]

SUBJECT:  FEMA Disaster Declaration for Michigan DATE:  July 23, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Michigan due to severe storms, […]

Subject:  Investor Solution Product for Conventional Loans Date:  June 28, 2021   REMN Wholesale is pleased to announce we have added Investor Solution to our product roster, which was developed […]

Subject:  FNMA RefiNow™ Product Date:  June 24, 2021   REMN Wholesale is pleased to announce we have added FNMA’s RefiNow™ to our product roster. Product Highlights The existing loan must […]

Subject:  REMN Wholesale Servicing Updates Date:  June 16, 2021   REMN Wholesale will be transitioning to a new sub-servicing platform effective Thursday July 1, 2021. Due to this update, Brokers […]

Subject:  FEMA Disaster Declaration for Louisiana Date:  June 11, 2021   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana due to severe storms, […]

As the industry prepares to transition over to the newly redesigned URLA (1003) form, REMN is communicating important guidance regarding loan submissions in the Hub. Below are REMN’s transition timelines […]

Effective March 1, 2021 the Internal Revenue Service will only be accepting transcript requests completed on a 4506-C form. The IRS is replacing the current 4506-T with the new 4506-C […]

REMN has updated parameters for Platinum Pricing on government loans. These are effective immediately for newly submitted loans or pipeline loans that haven’t been locked. REMN makes our government Platinum […]

Today HUD announced major changes to their guidelines for borrowers with Deferred Action for Childhood Arrivals (DACA) status. These changes are effective immediately and apply to new loan submission as […]

REMN Wholesale is removing all prior overlays on government loans for FICO scores 620-659. These updates are effective immediately and apply to new loans being submitted and pipeline loans. The […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana due to Hurricane Zeta. Declaration Date:  January 12, 2021 Incident Period:  October 26-October 29, 2020 […]

REMN Wholesale has made significant revisions to our Conventional AMC alignments. Brokers must use the state-specified AMC when ordering an appraisal for any FNMA or FHLMC loan. These changes are […]

REMN is pleased to announce we are removing our higher FICO score overlay for cash-out transactions on FNMA and FHLMC products. Effective immediately, DU/LP findings relative to credit score may […]

REMN is providing guidance on W-2/1099 and transcript requirements for 2020. The following policy applies to any loan closing or signing on or after February 1st, 2021: 2020 W-2/1099 Requirements […]

The Federal Housing Finance Agency (FHFA) has announced 2021 loan limits for FNMA and FHLMC agency loans. REMN limits the maximum loan amount on Freddie Mac transactions to $1,000,000 regardless […]

REMN Wholesale is pleased to offer our new Jumbo Platinum product. Jumbo Platinum offers superior pricing for loans that meet specific parameters. Eligibility for Jumbo Platinum REMN’s jumbo product W2 […]

The implementation of the new adverse market refinance fee being charged by Fannie Mae and Freddie Mac will occur on December 1, 2020. REMN Wholesale has added the 50-bps fee […]

REMN Wholesale is notifying our clients that we are implementing overlays for renovation loans. Details of our overlays: • Purchase loan only • Minimum FICO score 680 • 1-unit property […]

REMN Wholesale is pleased to offer our new Conventional Platinum W-2 program. Conventional Platinum offers superior pricing for loans that meet specific parameters. Eligibility for Conventional Platinum W-2 Program Conventional […]

***This communication replaces Announcement 2020:04 in its entirety*** REMN Wholesale has modified our guidance regarding employment and income continuation due to COVID-19. This applies to ALL product types (FNMA, FHLMC, […]

REMN Wholesale is modifying our minimum submission requirements for both initial disclosure preparation and new underwriting submissions. These changes are effective June 8, 2020. Details are outlined below. REMN-Prepared Initial […]

REMN Wholesale has modified our minimum FICO score requirement for 203(K) loans to the following: Purchase loans – minimum FICO score is 640 Refinance loans – minimum FICO score is […]

REMN Wholesale has modified our minimum FICO score requirement for cash-out conventional (FNMA and FHLMC) loans. The new minimum FICO score is 680. This updated requirement applies to new loan […]

DATE: May 27, 2020  In response to current market conditions due to the COVID-19 pandemic, REMN Wholesale is announcing a forbearance loan policy. This policy is effective immediately and applies […]

DATE: May 19, 2020 REMN Wholesale is temporarily suspending submissions and initial disclosure preparation for loans that do not have a property address (TBD loans). This guidance is effective with […]

DATE: April 6, 2020 REMN Wholesale has modified our policy regarding appraisal inspection report types due to new guidance from VA. In response to COVID-19, reduced documentation may be permitted […]

DATE: March 27, 2020 REMN Wholesale utilizes a random loan selection to obtain tax transcripts. Due to the COVID-19 situation, there are significant delays in the processing of IRS transcripts. […]

DATE: March 27, 2020 Due to continued Covid-19 market volatility and anticipated economic implications, REMN Wholesale is imposing temporary restrictions to our government lending policies including FICO and DTI limitations. […]

DATE: March 26, 2020 REMN Wholesale has modified our requirements in response to Fannie and Freddie’s guidance regarding employment and income continuation due to COVID-19. In addition, as FHA, VA […]

Rev. June 28, 2020 **This guidance has been extended and is effect for applications taken on or before July 31, 2020** REMN Wholesale has modified our policy regarding appraisal inspection […]

REMN Wholesale has modified our policy regarding the validation of any taxes owed due to new legislation enacted by the federal government. Taxpayers will be allowed to defer the payment […]

DATE: March 18, 2020 rev. March 23, 2020 **UPDATE – Due to the continuation of volatile secondary market conditions, REMN Wholesale is unable to proceed with any Non-QM or Jumbo […]

REMN Wholesale, an industry leader in customer service and consistent same day turn times, is introducing their revamped portal on Monday, July 1, 2019. Appropriately named The Hub (hub.remnwholesale.com), the […]

REMN Wholesale has added Asset Qualifier to its Simple Access suite of products. This program is designed for borrowers who are sound credit risks based on a common-sense approach to […]

REMN Wholesale’s tax service fee will be changing with new loans submitted on or after March 18, 2019. Our tax service fee will be reduced from $83 to $70 on […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Alabama due to severe storms, straight-line winds, and tornadoes. Declaration Date: March 5, 2019 Incident Period: […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Alaska due to the earthquake. Declaration Date: January 31, 2019 Incident Period: November 30, 2018 The […]

DATE: January 31, 2019 REMN Wholesale is pleased to announce that we will be transitioning to a new servicing platform effective Friday, February 1, 2019. Due to this update, our […]

DATE: January 29, 2019 REMN Wholesale’s policy for receipt of 2018 W2/1099 forms can be found below. This guidance is applicable for all loan products that require income documentation: If […]

Effective: January 16, 2019 REMN Wholesale is pleased to announce a revision to our Conventional AMC in the State of California to Golden State AMC. This change is effective immediately […]

REMN Wholesale is pleased to announce updates to the Expanded Plus program. Full product guidelines can be found on www.remnwholesale.com. Key Product Changes: Qualifying Rates: • Qualify at the greater […]

REMN Wholesale is pleased to announce additional enhancements and clarifications to our position on third party processing fees and the eligibility of these based on whether the broker compensation is […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Wisconsin due to severe storms, tornadoes, straight-line winds, flooding, and landslides. Declaration Date: October 18, 2018 […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Georgia due to Hurricane Michael. Declaration Date: October 14, 2018 Incident Period: October 9, 2018, through October […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Florida due to Hurricane Michael. Declaration Date: October 11, 2018 Incident Period: October 7, 2018 through October […]

DATE: October 1, 2018 REMN Wholesale is pleased to announce the Simple Access program is now available to our clients. Full product guidelines can be found on www.remnwholesale.com and the […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of South Carolina due to Hurricane Florence. Declaration Date: September 16, 2018 Incident Period: September 8, 2018 […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of North Carolina due to Hurricane Florence. Declaration Date: September 14, 2018 Incident Period: September 7, 2018, […]

To expand access to mortgage credit, Freddie Mac has introduced the HomeOne Mortgage available to REMN Wholesale as of Monday 8/20/18. HomeOne offers: Low down payment options with no specific […]

6.19.18 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Hawaii due to volcanic eruption and earthquakes. Declaration Date: May 11th, 2018 Incident Period: May […]

The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of North Carolina due to severe storms and tornadoes. Declaration Date: May 8th, 2018 Incident Period: April […]

Rev. 6.19.18 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Indiana due to severe storms and tornadoes. Declaration Date: May 5th, 2018 Incident Period: […]

FEMA Disaster Declaration – Alabama The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Alabama due to severe storms and tornadoes. Declaration Date: April 27, […]

The IRS has released a new Form 4506T with a revision date of July 2017. Please begin using this new form immediately. Effective March 1, 2018, any requests received on […]

FNMA updated their guidelines in Fannie Mae Announcement 2018-01, issued January 30, 2018. Highlights Include: Federal Tax Installment Plans Borrowers with IRS Tax Installment Plans are now eligible for financing […]

REMN Wholesale is pleased to announce enhancements to FHA, VA and USDA program overlays as detailed below. Credit Qualifying Loans with a FICO score of 600 or greater * ALL […]

  FEMA Disaster Declaration – California The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state California of due to wildfires, flooding, mudflows, and debris flows. Declaration […]

  FEMA Disaster Declarations – California The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of California due to wildfires. Declaration Date: January 16, 2018 Incident […]

The Department of Veterans Affairs (VA) has announced the 2018 loan limits in VA Circular 26-17-41 issued December 12, 2017. The new loan limits are effective for VA loans funding […]

The Department of Housing and Urban Development (HUD) has announced the 2018 loan limits in HUD Mortgagee Letter 2017-16, issued December 7, 2017. The FHA loan limit for the low-cost area […]

October 17, 2017   The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of California due to wildfires. Declaration Date: October 10, 2017 Incident Period: October […]

October 2, 2017 REMN Wholesale is pleased to offer FHA 203(h) Mortgage Insurance for Disaster Victims. The 203(h) loan is a specialty mortgage designed for people replacing homes that were […]

October 3, 2017 REMN Wholesale is pleased to offer a Home Equity Line of Credit (HELOC) second lien available through TCF Bank.  TCF HELOCs are originated and fund in TCF […]

September 27, 2017 REMN Wholesale is pleased to offer FHA 203(h) Mortgage Insurance for Disaster Victims. The 203(h) loan is a specialty mortgage designed for people replacing homes that were […]

Sep. 18, 2017; rev. Sep. 20, 2017; rev. Sep. 29, 2017; rev. Oct. 3, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Georgia […]

September 12, 2017; rev. September 26, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Florida due to Hurricane Irma. Declaration Date: September 10, […]

September 5, 2017; rev. September 8, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Texas due to Hurricane Harvey. Declaration Date: August 25, […]

August 21, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of West Virginia due to severe storms, flooding, landslides, and mudslides. Declaration Date: August […]

August 3, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Michigan due to Severe Storms and Flooding. Declaration Date: August 2, 2017 Incident […]

June 16, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Arkansas due to Severe Storms, Tornadoes, Straight-line Winds, and Flooding. Declaration Date: June […]

REMN Wholesale is pleased to announce that effective Monday, June 12, 2017 we will be offering Freddie Mac’s Home Possible and Home Possible Advantage programs. Home Possible/Home Possible Advantage are […]

June 5, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Missouri due to Severe Storms, Tornadoes, Straight-line Winds, and Flooding. Declaration Date: June […]

May 8, 2017 REMN Wholesale is pleased to announce enhancements to BlitzDocs which provide additional email notifications for corresponding actions throughout the loan process. Loan Setup Once the Loan Set-Up […]

April 17, 2017 This Announcement replaces all previous Announcements on this topic. REMN Wholesale is pleased to announce enhancements to electronic delivery of lender disclosures as described below. Effective with […]

February 21, 2017 REMN Wholesale is pleased to announce that effective February 13, 2017 we will be offering Manufactured Homes to our eligible properties. The Manufactured Home guidelines will be […]

February 13, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Louisiana due to Severe Storms, Tornadoes, and Straight-line Winds. Declaration Date: February 11, […]

February 9, 2017 REMN Wholesale is pleased to announce guideline enhancements to our government loan programs (FHA, USDA, and VA) as outlined below.  These enhancements are effective immediately and may […]

February 2, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Mississippi due to Severe Storms, Tornadoes, Straight-line Winds, and Flooding. Declaration Date: January […]

February 2, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Georgia due to Severe Storms, Tornadoes, and Straight-line Winds. Declaration Date: January 25, […]

February 2, 2017; rev. February 6, 2017 The Federal Emergency Management Agency (FEMA) issued a Disaster Declaration for the state of Georgia due to Severe Storms, Tornadoes, and Straight-line Winds. […]