SS Memo 2010 Summary

Available in PDF without attachments. Use links at the bottom of this page to find prior year summaries.

Memo 10-04 dated September 15, 2010

  • Tax Exempt Income Limits - high housing cost areas
  • Streamline Refinance - mortgage insurance requirements
  • Common Interest Communities - must be active status at purchase
  • Automated Underwriting - no longer submit feedback certificate
  • PRG-46 09/10

Memo 10-03 dated June 11, 2010

  • 2010 Income Limits
  • Request to Transfer Commitment or Lock-in - revised form UND-5
  • Owner/Builder worksheet - revised form UND-9
  • PRG-46 and PRG-46T 06/10
  • UND-5
  • UND-9

Memo 10-02 dated April 13, 2010

  • Cash Reserves - clarify requirements
  • Hazard Insurance - clarify for condominiums and common interest communities
  • Energy Ratings - increased age allowance
  • Verification of Employment - reminder
  • Prior Homeownership - TEP clarification
  • Lock-in and Commitment Procedures - clarification
  • PUR-1

Memo 10-01 dated January 21, 2010

  • Underwriting Clarifications - clarify for automated
  • Rural Development - amended appraisal requirement
  • Hazardous Wastes - provide guidance
  • UND-3 - revised to collect credit score and debt ratio

Prior Years' Summaries:

2011 2009 2008 2007 2006