New Job Aid
Please read the new Job Aid for Omnibus Interest Rate Cap Reserve and Security Agreement.
Lender Letter 24-07: Loan Document Update
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Revised Implementation Timing for Appraisal, Market, and Valuation
New Appraisal and valuation requirements and Instructions for Appraisers (Form 4827) for newly ordered Appraisals.
Appraiser Independence Requirements
Announcing new compliance requirements and a future Guide Update.
Multifamily Underwriting Standards (Form 4660)
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Lender Letter 24-06: Loan Document Update
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| PUBLICATION IDENTIFIER | PUBLICATION NAME | EFFECTIVE DATE |
|---|---|---|
| Notification 24-23 | Appraisal Data Set (Form 4827.A) | 01/28/2025 |
| Guide Update 24-12R | Revised Implementation Timing for Appraisal, Market, and Valuation | 11/15/2024 |
| Notification 24-22 | Multifamily Underwriting Standards (Form 4660) | 11/15/2024 |
| Supplement 24-09 | Appraiser Independence Requirements | 03/31/2025 |
| Guide Update 24-11 | Sponsor-Initiated Affordability | 10/30/2024 |
| Guide Update 24-10 | SARM Underwriting and Escrows | 10/25/2024 |
| Notification 24-20 | Digitized Multifamily Lender Certification (4637) | 10/25/2024 |
| Notification 24-19 | Form 4804 | 10/17/2024 |
| Guide Update 24-09 | Expanded Housing Choice | 10/15/2024 |
| Supplement 24-08 | Hurricane Milton | 10/10/2024 |
| Supplement 24-07 | Hurricane Helene | 10/02/2024 |
| Notification 24-18 | Form 4250 | 11/01/2024 |
| Guide Update 24-08 | Restricted Vendor List Representation and Covenant | 09/27/2024 |
| Notification 24-16 | Program Rules | 08/23/2024 |
| Notification 24-15 | Form 4165 | 08/23/2024 |
| Notification 24-14 | Form 4254.DEF | 08/19/2024 |
| Guide Update 24-07 | MBA Inspection Form Requirements | 08/01/2024 |
| Supplement 24-05R | Revised Fraud Prevention Underwriting Due Diligence | 07/01/2024 |
| Notification 24-12 | Form 4636.CC | 06/12/2024 |
| Guide Update 24-06 | Small Mortgage Loan PCAs | 06/07/2024 |
| Supplement 24-04 | Compliance Timing for Certain Insurance Policies | 05/30/2024 |
| Guide Update 24-04 | Credit Facility Initial Advances | 04/05/2024 |
| Supplement 24-03 | Revised Interest Rate Cap Process | 03/29/2024 |
| Supplement 24-02 | Interest Rate Cap Escrows | 03/25/2024 |
| Guide Update 24-02 | Blocked Person and Undisclosed Principals | 03/11/2024 |
| Supplement 24-01 | Certain Brokered Transactions are Ineligible for Purchase | 03/04/2024 |
| Guide Update 24-01 | Brokered Transactions | 03/04/2024 |
| Guide Update 23-24 | Multifamily Selling and Servicing Guide - Part VI: Underperforming Mortgage Loans | 12/14/2023 |
| Guide Update 23-23 | Refinance Risk Analysis | 10/26/2023 |
| Supplement 23-04 | Property Condition Assessment (PCA) Underwriting Guidance | 10/18/2023 |
| Guide Update 23-22 | Sponsor-Dedicated Workforce Housing Properties | 10/10/2023 |
| Guide Update 23-20 | Shared Use Properties | 09/18/2023 |
| Guide Update 23-19 | Zoning | 09/18/2023 |
| Guide Update 23-12 | Withdrawn Commitment Fee | 07/07/2023 |
| Guide Update 23-11 | Adverse Action Letters | 07/13/2023 |
| Guide Update 23-10 | Manufactured Home Code Standards | 06/22/2023 |
| Guide Update 23-08 | Condominium Properties | 06/12/2023 |
| Guide Update 23-06 | Form 1055 | 04/20/2023 |
| Supplement 23-01 | Continued Enhanced Due Diligence for Certain New Mortgage Loans | 03/30/2023 |
| Guide Update 23-01 | Fair Lending | 01/19/2023 |
| Guide Update 22-10 | Cash Loan Drafting | 07/25/2022 |
| Guide Update 22-09 | Healthy Housing Rewards | 07/05/2022 |
| Guide Update 21-17 | Flood Insurance | 12/31/2021 |
| Guide Update 21-15 | Green Mortgage Loans | 11/12/2021 |
| Guide Update 21-11 | Prepayment Premium Waivers | 08/30/2021 |
| Supplement 21-08 | CARES Act Compliance with Law Notice | 08/16/2021 |
| Guide Update 21-08 | LIBOR Underwriting References and ARM 5/5 Loan Renewals | 07/01/2021 |
| PART | CONTENT |
|---|---|
|
Part I Mortgage Loan |
An overview of how to use the Guide and information relevant to all Mortgage Loans, Borrowers, Key Principals, and Principals.
|
|
Part II Property |
Criteria relevant to all Properties, including eligibility, valuation, income, legal compliance, inspections, reserves, insurance, and environmental information.
|
|
Part III Products and Features |
Underwriting information for specific property types and transaction structures, such as MAH, Small Mortgage Loans, Green, SARMs, and Supplementals.
|
|
Part IV Committing and Delivery |
Information related to pricing, fees, committing, delivery, purchase, and conversions for all Mortgage Loans.
|
|
Part V Servicing and Asset Management |
Information related to servicing, asset management, and surveillance.
|
|
Appendix Glossary |
List of key terms and accompanying definitions and synonyms used throughout the Guide.
|
Requirements
Mandatory conditions that must be satisfied for all Lender-delegated Mortgage Loans and activities.
Guidance
Best practice guidance to inform and support a Lender’s delegated analysis and decision-making.
Operating Procedures
Required steps or processes that must be followed.
