SS Memo 2011 Summary
Available in PDF without attachments. Use links at the bottom of this page to find prior year summaries.
Memo 11-12 dated November 29, 2011
- Tax Exempt Affidavits - allow for signature by an attorney-in-fact.
- PRG-43, PRG-44 and TEP First Time Homebuyer Booklet 11/11.
Memo 11-11 dated September 28, 2011
- Non-Conforming Program - enhancement to add Non-Conforming Type ll.
- Servicing Forms guide revisions: SER-4 and SER-8.
Memo 11-10 dated August 12, 2011
- Private Mortgage Insurance - reminder.
- Tax Exempt Affidavits - PRG-44/agent for government agency or GSE can sign.
Memo 11-09 dated July 14, 2011
- Streamline Refinance Interest Rates - .25% added to published rates on TEP, VTEP and VMP.
Memo 11-08 dated June 27, 2011
- 2011 Income Limits
- PRG-46 and PRG46T revised 06/11.
- Renovation Escrow - increase to allowable amount.
Memo 11-07 dated June 8, 2011
- Second Mortgage Program - enhancements to program.
Memo 11-06 dated May 19, 2011
- Loan Purchase - delivery requirements.
- Private Transfer Fee Covenants - requirements.
- Servicing Guide Revisions - 3rd Party Sales Proceeds/Presale Proceeds, Removal of Obsolete References, Common Interest Communities Guide, and Documentation.
Memo 11-05 dated April 15, 2011
- 2011 Tax Exempt Program Acquisition Cost Limits
Memo 11-04 dated March 24, 2011
- Interest Rate Buydowns - replaces chart in Memo 11-02.
Memo 11-03 dated March 16, 2011
- Interest Rate Buydowns - clarification for transactions prior to 01/24/2011.
Memo 11-02 dated January 24, 2011
- Interest Rate Buydowns - limited to 1% and new fee chart.
Memo 11-01 dated January 6, 2011
- Deed Restrictions - clarification for right of first refusal.
- Loan Purchase - incomplete/deficient file submissions.
- Forms Guide Revisions - PUR-102, SER-87, and MF-100.
Prior Years' Summaries: