Updates and Announcements

19-25: CONVENTIONAL COMMUNITY SECONDS (R)

Lenders originating conventional loans with Chenoa Fund: Please remember that per Fannie Mae(R)’s 5/1/18 announcement, Chenoa Fund is considered a Community Seconds(R) loan and never a HFA Preferred loan. A common mistake we are finding on AUS results is our product being referred to as HFA Preferred. Please ensure your teams are reminded of this critical data entry point.

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