News

ALERT – Guideline Updates for Fannie Mae and Freddie Mac

Date:

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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Wholesale ALERT – Expanded FEMA Disaster Declaration for Arkansas

Date:

FEMA has again expanded the disaster declaration for Arkansas, the additional counties affected by the update
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Wholesale ALERT – FEMA Disaster Declaration for Mississippi

Date:

FEMA has issued a disaster declaration for the Mississippi counties identified in the table. Effective
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Wholesale ALERT – Expanded FEMA Disaster Declaration for Texas

Date:

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 Texas

Date:

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 Arkansas

Date:

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

Date:

FEMA has again expanded the disaster declaration for Texas, the additional counties affected by the update
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ALERT – Guideline Update for Freddie Mac

Date:

Effective for all Freddie Mac loans with an appraisal effective date on or after June 6, 2024, Arc Home will
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Wholesale ALERT – FEMA Disaster Declaration for Arkansas

Date:

FEMA has issued a disaster declaration for the Arkansas counties identified in the list. Effective
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Wholesale ALERT – Expanded FEMA Disaster Declaration for Oklahoma

Date:

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

Date:

FEMA has again expanded the disaster declaration for Texas, the additional counties affected by the update
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