CBC Mortgage Agency

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

Main: 866.563.3507
Servicing: 866.563.7572
Fax: 435.237.0022

19-25: CONVENTIONAL COMMUNITY SECONDS(R)

August 23, 2019 By

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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