Agency Committee

The MBA Agency Committee is committed to providing our members with the latest updates for Fannie Mae, Freddie Mac, FHA, VA, Mortgage Insurance, Title Insurance, MHDC and credit reporting

Fannie Mae

  1. Selling News- Underwriting Borrowers with Multiple Financed Properties.
  2. DU 10.0 FAQs
  3. Fannie Mae & Freddie Mac- Consistent Condo Questionnaire 
  4. Bulletin 2016-01 announces the release of DU 10.0 slated for 6/25/16
  5. Bulletins 2014-16 and  2015-09 announces the implementation of calculating self-employment income using K-1s effective 2/1/16.

Freddie Mac

  1. Bulletins 2015-16 and 2015-20 announces misc credit underwriting changes and when they become in effect (i.e., minimum down payment from borrower, no seasoning requirements for no-cash out refinances)
  2. Bulletin 2015-21 announces changes to the Home Possible Program.


  1. HUD 92900-A is being updated. Effective all case numbers on or after 8/1/16.
  2. Student loan revised guidance- ML 2016-08
  3. Mortgagee letter 2015-08 announces the release of the Electronic Appraisal Delivery Portal.
  4. Mortgagee letter 2016-02 announces the last 3 on-boarding dates before the portal becomes effective with case numbers assigned on or after 6/27/16.


  1. Circular 26-15-29 clarifies determining spousal status.
  2. Circular 26-16-01 clarifies title requirements for Non-Borrowers.


  1. Revisions to HB-1-3555 Guide
  2. Credit validation- Number of required tradelines lowered
  3. Student loan payments
  4. New & Improved Income and Property Eligibility Website
  5. Lowering upfront guarantee fee & annual fee– Guarantee fee 2.75% to 1.00% and
    Annual fee .50% to .35% effective for the fiscal year 10/1/16 to 9/30/17.