Updates and Announcements Archives - Page 9 of 19 - CBC Mortgage Agency

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Mar 25

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20-10: URGENT – UPDATED YSP SCHEDULE

By James Bethe Updates and Announcements

Everyone in our industry should be aware of the extreme volatility that exists in the financial marketplace today. Mortgage Servicing rights have lost all of…

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Mar 23

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20-08: CBCMA PURCHASING LOANS DURING PANDEMIC/CORONAVIRUS

By James Bethe Updates and Announcements

Chenoa Fund wants to assure all of our Origination Partners that the coronavirus has not adversely impacted our ability to purchase loans. Even after the…

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Mar 20

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CBCMA Operations During COVID-19: Remote Work Update

By James Bethe Updates and Announcements

Chenoa Fund wants to assure all of our Origination Partners that the coronavirus has not adversely impacted our ability to purchase loans. Even after the…

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Mar 18

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Financials for Correspondent Lenders

By James Bethe Updates and Announcements

CBC Mortgage Agency (“CBCMA”) wants to thank you for your company’s continued partnership as a Correspondent Lender of CBCMA and for helping to make homeownership…

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Mar 17

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20-05: CORE LOGIC FLOOD CERT FEE

By James Bethe Updates and Announcements

In version 8.4 of CBCMA’s Correspondent Lending Guide, published yesterday, CBCMA indicated that, if there was not a Core Logic certificate in the file, CBCMA…

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Mar 09

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20-04: EDGE RATE DROP FROM 5.125% TO 4.875%

By James Bethe Updates and Announcements

Hello, beloved Chenoa Fund allies! We have some exciting news that we wanted to share with you as we barrel past Q1 2020. We are…

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Jan 28

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20-03: 2020 LOAN LIMITS

By James Bethe Updates and Announcements

Announcement: FHFA makes annual adjustments to the Conventional Loan Limits, and the 2020 Conventional Loan Limits have been announced. Additionally, HUD also announced that they…

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Jan 14

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CBC Mortgage Agency Applauds Caucus Letter on FHA Data

By James Bethe Updates and Announcements

16 Members Signed onto Letter Urging HUD Not to Impede on “Well-Performing Programs” Today, CBC Mortgage Agency (CBCMA) applauded a letter sent by the Congressional Black…

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Jan 09

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20-02: EXCEPTION REQUESTS

By James Bethe Updates and Announcements

Announcement: CBC Mortgage Agency updates our policies to protect credit risk for our correspondents, as well as strengthen the management of risk to Chenoa Fund.…

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Jan 03

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20-01: Taxpayer First Act

By James Bethe Updates and Announcements

The Taxpayer First Act was signed into law on July 1, 2019. It includes a provision that persons receiving tax return information must obtain the…

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CBC Mortgage Agency
NMLS: 1186381
912 W. Baxter Drive, Suite 150
South Jordan, Utah 84095

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The Chenoa Fund® program has not been reviewed or approved by HUD or FHA. This site is for information purposes and is used by licensed industry professionals. The site and the information contained therein is not a solicitation to lend money to consumers. For licensing information, go to: www.nmlsconsumeraccess.org. Illinois Residential Mortgage License #MB.6761292. Illinois Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601 – 1-888-473-4858. Georgia Residential Mortgage Licensee, License # 1186381. The Chenoa Fund program is not currently offered in New York.

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