2026
Delivery Requirements for Louisiana Housing Corporation First and Second Liens
Applies to: Mortgages originated under Louisiana Housing Corporation affordable housing initiatives.
What to review: Review the mandatory requirement to enter loan reservations through eHousing Front Porch along with the collateral and final document delivery rules for first and second mortgages effective September 9, 2026. AWACS interpretation
Credit Policy Announcement on Credit Scoring Models, Agency Alignment, and Prepayment Penalties
Applies to: Agency loan deliveries evaluated for credit score models, along with non-agency loans subject to prepayment penalties and transactions utilizing remotely notarized powers of attorney.
What to review: Review agency loan delivery requirements immediately to ensure adherence to mandatory Classic FICO credit scoring models, along with new flexibilities regarding Minnesota prepayment penalties and remote online notarization for powers of attorney. AWACS interpretation
Secondary Market Policy Updates on Temporary Buydowns, Note Delivery Methods, and Collateral Review Rules
Applies to: Lenders selling government loans with buydowns, state housing finance agency mortgages, or non-agency jumbo financing.
What to review: Review immediate restrictions eliminating buydowns on specified government high-balance loans and mandating wet-signed paper notes for state housing agency deliveries, followed by collateral review requirements for non-agency jumbo loans. AWACS interpretation
HomeAdvantage DC Housing Program Guideline Updates
Applies to: Conventional, FHA, and VA loans under the HomeAdvantage DC Bond program.
What to review: Review the updated HomeAdvantage DC parameters allowing debt-to-income ratios up to 50 percent alongside the 660 minimum credit score and compensating factor requirements for government loans. AWACS interpretation
RON Audit Trail Mandate, Product Adjustments, and Credit Policy Updates
Applies to: Correspondent mortgages executed via remote online notarization, along with designated state housing agency loan programs.
What to review: Review delivery workflows to ensure complete audit trails are included for remote online notarization closings starting August 3, 2026, while updating underwriting guidelines for CalHFA product removal, the CHFA 620 credit score floor, and condominium review limitations. AWACS interpretation
Manufactured Housing Guideline Updates for Conventional HFA Programs
Applies to: Conventional Fannie Mae and Freddie Mac housing finance agency loans secured by manufactured homes.
What to review: Review the expanded property eligibility allowing single-wide manufactured homes on conventional agency HFA programs and manufactured properties under Louisiana Housing Corporation conventional options. AWACS interpretation
Silver Hill Capital Automated Underwriting Jumbo Enhancements
Applies to: Delegated correspondent originations submitted under the Silver Hill Capital automated underwriting jumbo product.
What to review: Review the enhanced automated underwriting jumbo guidelines permitting higher loan amounts, financing ratios up to 89.99 percent, decreased credit score and reserve thresholds, and updated debt-to-income limits. AWACS interpretation
Home in Five Advantage Program Reopening of Seven-Year Product and Lock Duration Adjustment
Applies to: Home in Five Advantage loans delivered to Lakeview Correspondent.
What to review: Review the availability of the reopened seven-year loan option and the temporary adjustment of the lock commitment period to forty-five days for the Home in Five Advantage program. AWACS interpretation