Guide Update 23-14
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Supplemental Mortgage Loan Replacement Reserve
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HIGHLIGHTS |
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Effective for all Mortgage Loans as of July 13, 2023, Supplemental Mortgage Loan Replacement Reserve requirements were updated. |
Primary Changes
Updated Part III, Chapter 14: Supplemental Mortgage Loans to permit Supplemental Mortgage Loan Replacement Reserve funding to increase or decrease based on the
- underwriting requirements, and
- results of the PCA Report.
Questions
Please contact Katya Hill, at [email protected], with any questions.