News

Fannie Mae Update

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Fannie Mae Update The below update is effective for new Fannie Mae DU Casefiles created on or after
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FEMA Disaster Declaration in Tennessee

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FEMA Disaster Declaration in Tennessee FEMA has declared a disaster, DR# 4878, in
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FEMA Disaster Declaration in Missouri

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FEMA has declared a disaster, DR# 4877, in Missouri. The impacted counties are below: Scott St. Louis
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Fannie Mae & Freddie Mac Updates

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Fannie Mae Update The below update is effective immediately for all Fannie Mae loans. Freddie Mac
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Expanded FEMA Disaster in Kentucky

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FEMA Disaster Declaration in Kentucky FEMA has expanded the existing disaster, DR# 4864, in Kentucky. The
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Arc Edge Eligibility in Maryland, Overlay & Fannie Mae Updates

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Edge Agency Plus & Edge Alt Income In Maryland For registrations dated on or after May 19, 2025, the
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FEMA Disaster Declaration in Arkansas

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FEMA Disaster Declaration in Arkansas FEMA has declared a disaster, DR# 4865, in Arkansas. The impacted
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FHA Eligibility Update, Freddie Mac and USDA Updates

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Wholesale Announcement Guideline Updates FHA Eligibility Update Effective for loans
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Fannie Mae, Freddie Mac & FNMA/FHLMC Second Home & Investment Property Update

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Fannie Mae, Freddie Mac & FNMA/FHLMC Second Home & Investment Property Update The below update is
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Update: Assets & Reserves Eligibility

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Effective May 1, 2025, Arc will no longer check for eligibility of assets or reserves during registration or
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Update: Hazard Insurance Required to Order CD

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Effective immediately, the hazard insurance will need to be received by Arc Home prior to being able to order
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Product Update: Edge ARM Discontinuance

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ARC Home will be discontinuing the Edge ARM Product. The Last day to lock theEdge ARM Product is
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Update: Seller Credit Field Added

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In Sparc 2.0, Brokers are now able to add Seller Credits in the Order Disclosures screen. A Seller
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Pricing Update: Investment Property Business Purpose Field

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The business purpose field must be completed when pricing an Investment Property in order to get
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DSCR Initial Disclosures Update

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Effective Immediately, Brokers are able to send out Initial Disclosures for DSCR loans in Sparc 2.0. It
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