# Correspondent Update

Source: https://www.gatewaycorrespondent.com/announcements/correspondent-update-10

- Fannie Mae Conforming Fixed Product description:  Updated to allow Freddie Mac LP AUS.
- VA:  Manual underwriting overlays added.  Locks beginning 12/11/2015 will be subject to the new requirements.
- HUD Section 184:  Cash-out overlay removed
- Conversion of Primary Residence:  Overlay disallowing AVM/BPO removed
- Government Streamline Refinances:  Income overlays removed
- Ch. 4 - MERS Transfers:  Timeframe update
- Ch. 4 – AUS Findings section update