Review recommended
Radian's Response to Federal Government Shutdown
Loan impactConventional with MIIncomeServicingUnderwriting
Applies to: Radian-insured loans to borrowers employed by the federal government or whose employment is directly impacted by the government shutdown.
What to review: Review the guidance on Radian-insured loans to borrowers employed by the federal government or directly affected by the shutdown. It expects lenders to follow GSE selling policies for documentation and verifications, and servicers to follow the GSE loss mitigation waterfall, including evaluating for forbearance. The record lists no mandatory changes and no effective date. AWACS interpretation
Effective No date stated