DocMagic Blog

Navigate the shifting mortgage landscape.

Posts about: GSEs

10/20/2021

U.S. Treasury and FHFA suspend provisions of the PSPAs

The U.S. Treasury and the Federal Housing Finance Agency (“FHFA”) recently announced the suspension of certain provisions of the Preferred Stock...
Author: Compliance Team
08/11/2021

Fannie Mae and Freddie Mac announce changes to uniform instruments

On July 7, 2021, Fannie Mae and Freddie Mac (the GSEs) announced changes to all uniform instruments, except those being retired — including notes,...
Author: Compliance Team
08/04/2021

FHFA to eliminate the adverse market refinance fee

The Federal Housing Finance Agency (FHFA) announced that the Adverse Market Refinance Fee of 50 basis points (0.500%) will be eliminated for loans...
Author: Compliance Team
07/06/2021

FHFA director replaced following Supreme Court decision

On June 23, 2021, the U.S. Supreme Court issued a 7-2 decision in Collins v. Yellen, which held that the structure of the Federal Housing Finance...
Author: Compliance Team
02/24/2021

Magazine survey shows overwhelming demand for eClosings

By a large margin, PROGRESS in Lending magazine’s 90,000+ readers say that eClosing technology is in high demand. 
Author: Pauline Vu
09/24/2020

The redesigned URLA will be required in a few months; are you ready?

(2/27/21 update: The new URLA: The No. 1 thing to do ASAP to ensure you're ready) Starting March 1, 2021, all lenders who intend to sell closed...
Author: Pauline Vu
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