News

Wholesale ALERT – Closing Suspension for Florida, Georgia, North Carolina, and South Carolina

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Due to the effects of Tropical Storm Debby, Arc Home is suspending all Wholesale closings for loans secured
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Wholesale ALERT – Expanded FEMA Disaster Declaration for Iowa

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FEMA has expanded an existing disaster declaration for Iowa as a result of severe storms, the additional
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Wholesale ALERT – Expanded FEMA Disaster Declaration for Texas

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FEMA has expanded an existing disaster declaration for Texas as a result of Hurricane Beryl, the additional
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Wholesale ALERT – Updates for USDA

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Effective for USDA loan applications dated on or after August 5, 2024, Arc Home will align with the guidance
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Wholesale ALERT – Subservicer Update for FHA, USDA, and VA Programs

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Effective for loans with closing documents dated on or after August 1, 2024, the subservicer for all FHA,
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Wholesale ALERT – FEMA Disaster Declaration for Minnesota

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FEMA has issued a disaster declaration for the Minnesota counties identified in the table. Effective
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Wholesale ALERT – New FEMA Disaster Declaration for Kentucky

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FEMA has issued a new disaster declaration for Kentucky, the counties affected by this declaration are
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Wholesale ALERT – Expanded FEMA Disaster Declaration for Iowa

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FEMA has expanded an existing disaster declaration for Iowa, the additional counties affected by the update
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Wholesale ALERT – FEMA Disaster Declaration for Missouri – CORRECTION

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NOTE: At this time, Arc Home is not accepting Wholesale loan registrations in the state of Missouri. In the
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Wholesale ALERT – Review Fee Increase for Vesting in an Entity

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Effective July 22, 2024, Arc Home is increasing the review fee for transactions vesting in the name of an
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Wholesale ALERT – Expanded FEMA Disaster Declaration for Iowa

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FEMA has expanded an existing disaster declaration for Iowa, the additional counties affected by the update
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Wholesale ALERT – Expanded FEMA Disaster Declaration for Texas

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FEMA has expanded the existing disaster in the following counties in Texas, due to Hurricane Beryl. The
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Wholesale ALERT – New FEMA Disaster Declaration for Texas

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FEMA has issued a new disaster declaration for Texas, the counties affected by this declaration are
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Wholesale ALERT – Expanded FEMA Disaster Declaration for New Mexico

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FEMA has expanded the disaster declaration for New Mexico, the additional counties affected by the update are
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ALERT – Guideline Update for Freddie Mac

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Effective immediately for all Freddie Mac loans, Arc Home will align with the change communicated by Freddie
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