AWACSMortgage compliance intelligence from Flightline

Briefings

Weekly briefing, November 4, 2024

Updates published to for Conventional, FHA, VA. Built from published records only.

Action required, new this week

Required changes published this week.

FHA, Mortgagee Letter ML 2024-19,
Action required

Electronic Submission of Section 247 Hawaiian Home Lands Assignment Packages

Loan impactFHAServicing

Applies to: FHA-insured mortgages under the Section 247 Hawaiian Home Lands program submitted for assignment to HUD.

What to review: Review the mandatory processes for electronic submission of form HUD-27011 and prior HUD approval of title evidence packages and servicing records for Section 247 Hawaiian Home Lands assignments effective no later than January 31, 2025. AWACS interpretation

Effective Jan 31, 2025; other items nowView affected requirements →

Coming into effect in the next 60 days

Effective dates from .

Radian aligns maximum conforming and high-cost loan limits with 2025 FHFA increases for One Underwrite (AUS)
Radian, 2025 conforming and high-cost loan limits in Radian system. In 35 days.
2025 Home Equity Conversion Mortgage (HECM) Limits
FHA, 2025 HECM Maximum Claim Amount limits. In 58 days.

Review recommended

New guidance, clarifications, flexibilities, overlays and insurer positions.

Nothing to review this week.

Threads that moved

Topics more than one source has acted on, with a new update this week.

No thread moved this week.

Data releases

Data releases and announcements with no direct requirement.

No data releases this week.