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GSE Adverse Market Fee

As announced by the FHFA on August 25th, FNMA and FHLMC delayed the implementation date of their Adverse Market Refinance Fee until December 1, 2020.  Fairway will phase in the application of the 50 bps Adverse Market Fee as an LLPA for all...

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New Appraisal Ordering Platform Coming Soon

  Fairway Wholesale Lending is excited to announce that we have partnered with Mercury Network to offer a new and improved Appraisal Ordering Platform inside of DRIVER! This new release will provide all our clients a standardized appraisal...

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Fairway Guideline Training Opportunities

As a reminder, Fairway Wholesale Lending is excited to be offering live training opportunities scheduled for the 3rd Tuesday of every month for our valued clients. We will demonstrate the best way to locate and use Fairway guidelines, matrices...

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Positive Government Changes

Fairway Wholesale Lending is happy to announce we’ve updated our government guidelines effective immediately. These guidelines apply to loans currently in the pipeline. FHA and VA cash out refinance transactions available 640...

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DRIVER Enhancements 2.4.0

We are excited to announce the latest enhancements to the DRIVER portal effective today! Below is a list of these enhancements. Feel free to email This email address is being protected from spambots. You need JavaScript enabled to view...

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Conventional Self-Employed Changes

As stated in this week’s Fairway Connection, effective with loans submitted to underwriting on and after June 8, 2020, the following requirements have been made for conventional loans. Both FNMA (in LL-2020-03) and FHLMC (in Bulletin 2020-19)...

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Pricing Special Extended

We are extending our Pricing Special for Purchase transactions through June 30, 2020. Improve your price for loan amounts that meet the following criteria: 

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