Just a week after the Community Home Lenders of America (CHLA) told the Federal Housing Finance Director Sandra Thompson that attorney opinion letters (AOLs) are… Read More »National Mortgage Professional – Fannie Mae Expands Use of AOLS as Title Insurance Alternatives
AOLs may now be used on “loans secured by a unit in a condo project” and “loans secured by a property subject to restrictive agreements… Read More »HousingWire: Fannie Mae Expands Use of AOLs in Selling Guide Update
Trade group voiced its concerns in a letter to the FHFA, FHA, Rural Housing Service and Department of Veterans Affairs
Freddie Mac announced a number of enhancements to their Condo Project Advisor tool that aims to simplify condo loan originations and bolster lender security.
In the latest story on HousingWire, Scott Olson joins David Stevens, former CEO of the Mortgage Bankers Association, and Ted Tozer, former President and CEO… Read More »HousingWire – Opinion: To support low-income borrowers, return Fannie Mae and Freddie Mac to the private sector
CHLA asks for FHFA to explore the use of Attorney Opinion Letters as an alternative to traditional title insurance.