Announcement: FNMA/FHLMC Updates
Per recently announced agency guideline updates, LoanStream Mortgage (LSM) announces the following:
Announcement Regarding Government Guidelines
Due to current market conditions, we are making the following temporary changes to our government products:
Announcement: Appraisal and 4506t Transcript Updates
Appraisal Requirement changes are for FNMA & FHLMC products only. LoanStream is adopting the most recent changes regarding appraisal requirements recently announced by FNMA and FHLMC.
Announcing Employment RE-Verification
LoanStream announces the following changes for Employment re-verification:
Announcement: Re-verification of Employment
Due to current market conditions, changes to our Employment re-verification process are necessary to manage risk. The changes below are effective immediately and apply to all Agency and Government Loans that have not closed.