April 2020

Apr 27

20-20: Mortgage Insurance Certificates

By James Bethe Updates and Announcements

UPDATE: This temporary guidance has been rescinded as of April 9, 2021. However, MICs will still be required prior to purchase for manufactured housing and…

Apr 14

Love0

20-18: UPDATED YSP SCHEDULE

By James Bethe Updates and Announcements

Due to improving market conditions and as promised, CBC Mortgage Agency is improving the YSP offered on the Rate Advantage and DPA EDGE products by…

Apr 13

Love0

20-16: Conventional Homebuyer Education Reminder

By James Bethe Updates and Announcements

For those who have Conventional loans locked with us, we want to remind you that on 10/2/19 Fannie Mae updated its homebuyer education requirements making homebuyer education…

Apr 13

Love0

20-17: FORBEARANCE AGREEMENTS AND EARLY PAYMENT DEFAULT PENALTIES

By James Bethe Updates and Announcements

Update: Forbearance, even COVID-related forbearance, always resents the waiting 36-month period before a Chenoa Fund second mortgage can be subordinated. Clarification on COVID-19 Forbearance Agreements…

Apr 13

Love0

Down Payment Assistance Can Help Bridge the Homeownership Gap

By James Bethe Chenoa Talk

Richard Ferguson, President, CBC Mortgage Agency Q: The Urban Institute recently released a report entitled “Breaking Down the Black-White Homeownership Gap.” What is your key…

Apr 07

Love0

Borrowers with Good Credit Need Down Payment Assistance: Part 1

By James Bethe Chenoa Talk, Chenoa Talk - Homebuyer, Realtors

Borrowers with good credit need down payment assistance (DPA). Unfortunately, DPA is often marketed only towards buyers with poor credit, which creates an unfortunate have/have-not…

Apr 06

Love0

20-15: TEMPORARY SUSPENSION OF CONVENTIONAL DPA PROGRAMS

By James Bethe Updates and Announcements

Announcement: EXTREMELY URGENT: Temporary Suspension of Conventional DPA Programs Beginning TODAY April 6th, 2020 at the end of business, Chenoa Fund will temporarily suspend its…

Apr 06

Love0

20-14: RATE ADVANTAGE AMI UPDATE TO 135%

By James Bethe Updates and Announcements

Announcement: Version 8.5 of the Correspondent Lending Guide brings us a small update to one of our overlays. On our Rate Advantage program and product,…

Apr 03

Love0

20-13: UPDATE TO DOCPROBE

By James Bethe Updates and Announcements

Announcement: RE: Update to DocProbe announcement originally sent on 4/1/20. CBC Mortgage Agency recently partnered with DocProbe to manage our trailing documents. All trailing documents…

Apr 01

Love0

20-11: Trailing Docs Address Update

By James Bethe Updates and Announcements

TRAILING DOCS ADDRESS UPDATE: ANNOUNCEMENT SENT ON 04/01/20 Announcement: CBC Mortgage Agency has partnered with a new vendor, DocProbe. They will be handling all trailing…

20-20: Mortgage Insurance Certificates

20-18: UPDATED YSP SCHEDULE

20-16: Conventional Homebuyer Education Reminder

20-17: FORBEARANCE AGREEMENTS AND EARLY PAYMENT DEFAULT PENALTIES

Down Payment Assistance Can Help Bridge the Homeownership Gap

Borrowers with Good Credit Need Down Payment Assistance: Part 1

20-15: TEMPORARY SUSPENSION OF CONVENTIONAL DPA PROGRAMS

20-14: RATE ADVANTAGE AMI UPDATE TO 135%

20-13: UPDATE TO DOCPROBE

20-11: Trailing Docs Address Update

Recent Posts

Recent Comments

Recent Posts

Recent Comments

Archives

Categories

Meta

Contact Us

866–563–3507

Company

About

Leadership

Lenders

Real Estate Agents

Homebuyers

Documents

Chenoa Talk

Newsletter

Sponsorships

Additional Resources

In The News

Announcements

Privacy Policy

Policy & Research

Subscribe to Our Email