News

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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New Marquee Jumbo Product

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Arc Home is pleased to announce the new Marquee Jumbo product is available for loan registrations effective
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HomeEQ Appoints Lee Malone as Vice President to Lead Channel Growth and Broker Success

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Moorestown, NJ — HomeEQ, the fully digitized HELOC solution from Arc Home, continues to build momentum
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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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Maryland Loans Registration Update

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Effective for loans registered with Arc Home on or after April 28, 2025, the following loan products will be
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Guideline Updates: Access & Edge Guideline and Appraisal Valuation Requirement Changes

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Wholesale Announcement Guideline Updates: Access & Edge
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Wholesale ALERT – FEMA Disaster Expansion for Kentucky

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Wholesale ALERT – FEMA Disaster Expansion for Kentucky FEMA has expanded the disaster declaration,
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