LoanStream Mortgage has created this At-A-Glance to easily review recent COVID-19 communications implementing temporary Agency, Government and NanQ/Non-QM program changes or requirements in addition to LoanStream overlays. This document will be updated with changes as they occur.
LoanStream’s Referenced Memos | |||||||||||
Memo ID | Topic | Release Date | |||||||||
| LSM_12-16-2020 | COVID-19 Guideline Update | 12/16/2020 | |||||||||
| LSM_11-20-2020 | Revised COVID-19 Temporary Guidelines | 11/20/2020 | |||||||||
| LSM_11-16-2020 | Updated COVID-19 Temporary Guidelines | 11/16/2020 | |||||||||
| LSM_10-27-2020 | Updated COVID-19 Temporary Guidelines | 10/27/2020 | |||||||||
| LSM_07-29-2020 | Revision to 7/28 COVID-19 Temporary Guidelines | 7/29/2020 | |||||||||
| LSM_07-28-2020 | COVID-19 Update to Temporary Guidelines | 7/28/2020 | |||||||||
| LSM_06-03-2020 | Self Employed Borrowers – FNMA/FHLMC | 6/03/2020 | |||||||||
| LSM_06-03-2020 | Employment Re-Verification Update | 6/03/2020 | |||||||||
| LSM_05-26-2020 | Loans in Forbearance – Conventional | 5/26/2020 | |||||||||
| LSM_04-22-2020 | Initial Disclosures Required prior to Submit to UW | 4/22/2020 | |||||||||
| LSM_04-20-2020 | NanQ/Non-QM Guidelines Updates | 4/20/2020 | |||||||||
| LSM_04-17-2020 | CALHFA Updates | 4/17/2020 | |||||||||
| LSM_04-16-2020 | Government Loans FICO Reduction | 4/16/2020 | |||||||||
| LSM_04-08-2020 | FHA / USDA / VA Appraisal Guidance | 4/8/2020 | |||||||||
| LSM_04-07-2020 | Chenoa removes Conventional Options | 4/7/2020 | |||||||||
| LSM_04-07-2020 | FNMA / FHLMC Updates | 4/7/2020 | |||||||||
| LSM_04-02-2020 | Jumbo Loan Programs | 4/2/2020 | |||||||||
| LSM_03-30-2020 | Appraisal / 4506-T Transcripts Updates | 3/30/2020 | |||||||||
| LSM_03-27-2020 | Employment Re-verification | 3/27/2020 | |||||||||
| LSM_03-26-2020 | Re-verification of Borrower’s Employment | 3/26/2020 | |||||||||
This document is for informational purposes only. LSM’s Guides, Matrices and Bulletins remain the governing source of information and should be referenced for final eligibility.
The Lock Desk will be closed Monday, January 18th 2021 in honor of Martin Luther King Jr. Day and there will be no rate sheet published. We will resume normal hours on Tuesday, January 19th.
The Federal Emergency Management Agency (FEMA) has issued a major disaster declaration for the State of Louisiana due to Hurricane Zeta.
There have been recent guideline changes pertaining to Assets and Pro-rated tax credit.