Correspondent Updates
Please visit our website to view updates to the Client Guide, Product Descriptions, and Overlay Matrix.
Summary of updates:
Chapter 1: MI policy ID’s listed for convenience.
Chapter 2: South Dakota added as an eligible state; Life Estates included in Borrower Type Restrictions.
Chapter 3: Single Loan Mandatory Lock Policy added.
Chapter 4: Reminder about Life Estates added to Trust section.
Chapter 5: Product Descriptions updated to include South Dakota.
Overlay Matrix: Appraisal section updated with ratings ineligibility; South Dakota added to Eligible States.
Please direct questions to your sales manager