ANNOUNCEMENTS

Checkout the latest announcements on program guideline updates.

22-07-21 Announcement—July 21 2022 Program Guidelines Update

Version 12.4 All policy changes and updates are referenced below to the appropriate section of the CLG. These policy changes are effective 07/21/2022 unless otherwise noted. To review the program guidelines changes made July 7, 2022, or earlier, please follow this link to the archived Correspondent Lending Guides. This announcement, and previous announcements, are also …

22-07-07 Announcement—July 7 2022 Program Guidelines Update

Version 12.3 All policy changes and updates are referenced below to the appropriate section of the CLG. These policy changes are effective 07/07/2022 unless otherwise noted. To review the program guidelines changes made May 25, 2022, or earlier, please follow this link to the archived Correspondent Lending Guides. This announcement, and previous announcements, are also …

22-05-25 Announcement—May 25 2022 Program Guidelines Update

05/25/2022 Version 12.2 All policy changes and updates are referenced below to the appropriate section of the CLG. These policy changes are effective 05/25/2022 unless otherwise noted. To review the program guidelines changes made May 12, 2022, or earlier, please follow this link to the archived Correspondent Lending Guides. (You are also able to review …

22-05-12 Announcement—May 12 2022 Program Guidelines Update

05/12/2022 Version 12.1 All policy changes and updates are referenced below to the appropriate section of the CLG. These policy changes are effective 05/12/2022 unless otherwise noted. To review the program guidelines changes made May 2, 2022, or earlier, please follow this link to the archived Correspondent Lending Guides. (You are also able to review …

 Effective Immediately:  CBC Mortgage Agency Suspension of Conventional DPA Offerings

Effective Immediately, CBC Mortgage Agency is suspending all DPA Offerings on all conventional loans.  Any locked loan will be honored.  If you have a loan registered and a purchase contract executed and need to use our conventional program, please contact us for an exception to this suspension. This change has NO IMPACT on our FHA …

22-05-02 Announcement—May 2 2022 Program Guidelines Update

05/02/2022 Version 12 All policy changes and updates are referenced below to the appropriate section of the CLG. These policy changes are effective 05/02/2022 unless otherwise noted. To review the program guidelines changes made March 3, 2022, or earlier, please follow this link to the archived Correspondent Lending Guides. (You are also able to review …

Announcement: EPDs

CBC Mortgage Agency would like to notify our Correspondent partners that a recent population of EPDs issued to certain lenders may have been communicated in error. In some cases, 2nd mortgage delinquencies were inadvertently included in bulk reporting. We recognize the error and are working to resolve this issue as soon as possible. We will …

Announcement Regarding EPDs

With the COVID national emergency behind us, CBC Mortgage Agency has returned to normal operating practices regarding processing, invoicing, and adherence to normal EPD practices, in according with HUD requirements. Due to COVID-19 and forbearance rules still currently in place for certain borrowers, some EPD notifications you receive will be for informational purposes only, indicating …

22-03-03 Announcement—March 3 2022 Program Guidelines Update

03/03/2022 Version 11.12 All policy changes and updates are referenced below to the appropriate section of the CLG. These policy changes are effective 03/03/2022 unless otherwise noted. To review the program guidelines changes made February 17, 2022, or earlier, please follow this link to the archived Correspondent Lending Guides. These updates apply to everyone using …

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