News

Wholesale ALERT – Expanded FEMA Disaster Declaration for Iowa

Date:

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

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

Date:

FEMA has expanded an existing disaster declaration for Iowa, the additional counties affected by the update
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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 is changing for
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ALERT – Guideline Updates for Freddie Mac

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Effective immediately for all Freddie Mac loans, Arc Home will align with the changes communicated by Freddie
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Wholesale ALERT – FEMA Disaster Declaration for West Virginia

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FEMA has issued a disaster declaration for the West Virginia counties identified in the table. Effective
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Wholesale ALERT – Loan Closings Resume for New Mexico

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Effective immediately, Arc Home is resuming all Wholesale loan closings in the New Mexico counties impacted
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Wholesale ALERT – New FEMA Disaster Declaration for Iowa

Date:

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

Date:

FEMA has expanded an existing disaster declaration for Iowa, the additional counties affected by the update
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Wholesale ALERT – Expanded Suspension for New Mexico

Date:

As a result of the ongoing threat posed by wildfires in New Mexico, Arc Home is expanding the area of
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ALERT – Guideline Updates for Fannie Mae and Freddie Mac

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The following updates apply to Wholesale and Correspondent loan submissions. Fannie Mae Effective
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Wholesale ALERT – Closing Suspension for New Mexico

Date:

As a result of the ongoing threat posed by wildfires in New Mexico, Arc Home is suspending all Wholesale
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Wholesale ALERT – FEMA Disaster Declaration for Florida

Date:

FEMA has issued a disaster declaration for the Florida county identified in the list. Effective immediately,
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Wholesale ALERT – New FEMA Disaster Declaration for Oklahoma

Date:

FEMA has issued a new disaster declaration for Oklahoma, the counties affected by this declaration are
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Wholesale ALERT – Jumbo Express & Jumbo Prime – RETIRED

Date:

Effective June 17, 2024, Arc Home is discontinuing the Jumbo Express and Jumbo Prime loan products. Jumbo
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