Week of 1 Dec 2008
Cut-off Dates
Agency Jumbo & High Balance FHA
Last day to submit loan to underwriting — Dec 15, 2008
Last day to fund — Dec 31, 2008
Price adjustments
No pricing updates.
Product Updates
Any Loans in a Declining Market
Minimum FICO® of 700 if LTV is 80% - 85%
Minimum FICO of 720 if loan amount >$417,000 OR LTV >85%