Uncategorized

Category: Uncategorized

Fanny Adjust Underwriting Standards to Accommodate Covid-19 Orders

The Federal National Mortgage Association (Fannie Mae), the largest funding source for home mortgages in the United States, has published special underwriting guidelines for the Covid-19 crisis. Plain English explanation of how the current guidelines will affect home financing appear on Fannie’s website as FAQs: https://singlefamily.fanniemae.com/media/22326/display The FAQs deal with such practical issues as acceptance of …

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Vermont Homebuying Covid-19 Real Estate Guidance

Stay Home Stay Safe Sector Specific Guidance New Rules effective April 20 for various occupations: https://accd.vermont.gov/covid-19/business/stay-home-stay-safe-sector-specific-guidance Guidance specifically for Real Estate Real Estate All professional services should be provided in a manner calculated to minimize in-person contact.  Any activity that can be conducted remotely, online, by phone, or email, should beThe sale of real estate …

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