Questions from this Issue:

• FHA Doc Stacking Order: Do you have an updated stacking order for FHA audit files that includes new RESPA docs? [Download FHA Stacking Order Chart]
• FHA Appraisal Transfers: I have a lender who is being difficult on an appraisal transfer request and won’t cooperate. Can you provide me with the FHA guideline about this subject?
• Universal Loan Modification: I have a client who I think is being ripped off by a loan modification company. I don’t know much about them but want to help both my clients and real estate agents avoid these types of scams. [Download Mortgage Talking Points^TM flyer, Protect Your Clients From The Latest Loan Modification Scams!]
• FHA Bridal Registry Rules: My underwriter says that only a bank can utilize bridal registry accounts. Is this true? [Download Mortgage Talking Points^TM flyer, Say “I DO” to Bridal Registry Accounts]
• VA Allowable Fees: Is the veteran allowed to pay the escrow fee? [Download VA Borrower Fee & Expense Matrix]
• FHA Buying Home Without Selling Other: What are the FHA rules for buying a primary residence without selling current home - converting current home into a conventional investment property.
• Fannie Pre-Foreclosure Waiting Time: Please explain the pre-foreclosure rules recently issued by Fannie. They are confusing! [Download Mortgage Talking Points^TM flyer, Advising Short Sale & Deed In Lieu Clients]
• Compliance HUD Closing Cost Booklet: I’ve been sending clients to the HUD website to download the HUD Closing Cost Booklet. Is this okay?
• FHA Party Wall Agreement: I have a loan I'm trying to close on an attached town home. I’m being told we need to see a "shared party wall agreement”. Does FHA require it? [Download Party Wall Agreement Form]
• Compliance Lender Paid MI on GFE: I have a loan with Lender-Paid Mortgage Insurance. My Lender is saying that the GFE has to disclose that there is MI. I say we don’t, who is correct?
• Fannie & Freddie Number of Co-Signers: I was wondering if you know of any way to get a loan approved with 6 borrowers...DU/LP is only allowing 4.
• Freddie Ratios Over 45%: We have a few loans that exceed 45% DTI and we have LP Approvals. We have not funded loans over 45% because of verbiage from Freddie. Where can I find where Freddie will buy loans that exceed 45% DTI?
• Fannie Buying Home After Divorce: Client is divorcing, ex awarded house - both on mortgage - he will not refinance. Can she purchase another (and not have the debt of current house considered in ratio) if she is buying another?