AWACSMortgage compliance intelligence from Flightline

Briefings

Weekly briefing, January 13, 2025

Updates published to . Built from published records only.

Action required, new this week

Required changes published this week.

No new required changes this week.

Coming into effect in the next 60 days

Effective dates from .

Updating Manufactured Housing Provisions; Correction (effective date deferred to May 5, 2025)
USDA Rural Development, Correction document itself. In 50 days.

Review recommended

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

Essent, Announcement GSE Appraisal Alternative Expansions (2025-01-06),
Review recommended

Essent aligns with GSE appraisal waiver and inspection-based waiver expansions

Loan impactConventional with MIAppraisalMortgage insuranceUnderwriting

Applies to: Essent-insured conventional loans that qualify for GSE appraisal waivers or inspection-based waivers and meet Clear2Close guideline eligibility.

What to review: First review the announcement's details on how Essent aligns with the GSE appraisal waiver and inspection-based waiver expansions. No change is mandatory, so the lender may use the expanded waivers for Essent-insured conventional loans that meet Clear2Close guideline eligibility. AWACS interpretation

Effective No date statedView affected requirements →

Threads that moved

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

No thread moved this week.

Enforcement this week

Regulator actions against lenders and servicers published this week. Shown whatever your coverage.

Data releases

Data releases and announcements with no direct requirement.

No data releases this week.