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.

Notices

Prior Years' Summaries:

2010 2009 2008 2007 2006