Announcement SEL-2024-08: Selling Guide Updates

In December, the Selling Guide has been updated to allow an energy report, when required for any HomeStyle® Energy mortgage, to be dated no more than 24 months before the note date; add additional exceptions to the borrower ownership requirement for a limited cash-out refinance application; encourage the use of home price indices and other market data to support overall value accuracy; clarify that for HomeStyle® Renovation Loan Agreement, both parties may execute the agreement at any time during the closing process with the agreement date matching the note date, and other miscellaneous updates.