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Home » Store » Inside FHA/VA Lending » Around the Industry

Around the Industry

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FHFA Announces Maximum Conforming Loan Limits for 2018. On Nov. 28, the Federal Housing Finance Agency announced the maximum baseline loan limits in 2018 for one-unit properties, which are increasing to $453,100, and up to $679,650 in most high-cost areas. Loan limits may be higher for Alaska, Hawaii, Guam and the U.S. Virgin Islands. TOTAL Scorecard Database Upgrade Postponed. FHA has postponed its planned upgrade of the TOTAL Scorecard database that was scheduled initially on Nov. 22, 2017. Additional details will be forthcoming. VA Data Collection: Lender Satisfaction Survey. The VA is seeking approval from the Office of Management and Budget to conduct a survey to gauge lender satisfaction with the various aspects of the VA Home Loan Guaranty program. PennyMac Provides Update to FHA DTI Overlay. Previously, PennyMac’s debt-to-income ratio requirements for ...
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