LEADERSHIP

Leadership Short Code

Announcements Short Code

2018

  • 09-18W Disaster Area Notification
  • 08-18W Government Loan Level Price Adjustment Changes
  • 07-18W 15 Day Lock Extension
  • 06-18W 15 Day Lock Extension
  • 05-18W President’s Day Holiday
  • 04-18W Disaster Area Notification
  • 03-18W 6 Month Seasoning Requirement on VA Cash Out
  • 02-18W Extended Lock Request Hours
  • 01-18W Martin Luther King Jr. Day Holiday

2017

  • 52-17W Expanded Government Monitoring Information
  • 51-17W New Year’s Day Holiday
  • 50-17W Christmas Holiday
  • 49-17W Disaster Area Notification
  • 48-17W 2018 Conforming Loan Limits
  • 47-17W Thanksgiving Holiday
  • 46-17W Non-Conforming (Jumbo) Products Discontinued
  • 45-17W Veteran’s Day Holiday
  • 44-17W Disaster Area Notification
  • 43-17W Columbus Day Holiday
  • 42-17W 501 Non-Conforming Price Adjuster Changes
  • 41-17W USDA Rural Housing Development – Funds Availability
  • 40-17W Guideline Updates and Changes
  • 39-17W 501 Non-Conforming Price Adjuster Changes
  • 38-17W Disaster Area Notification
  • 37-17W Guideline Updates and Changes
  • 36-17W Guideline Updates and Changes
  • 35-17W Disaster Area Notification
  • 34-17W Labor Day Holiday
  • 33-17W Guideline Updates and Changes
  • 32-17W MSF Forms Update
  • 31-17W LLPA Changes
  • 30-17W Lock Desk Hours
  • 29-17W Guideline Updates and Changes
  • 28-17W Guideline Updates and Changes
  • 27-17W Conditions Email
  • 26-17W Independence Day Holiday
  • 25-17W Guideline Updates and Changes
  • 24-17W Initial Underwriting Decision
  • 23-17W 501 Non-Conforming Price Adjuster Improvements
  • 22-17W LE and Disclosure Process Transition
  • 21-17W Guideline Updates and Changes
  • 20-17W Memorial Day Holiday
  • 19-17W Fannie Mae Student Loan Cash-Out Refinance
  • 18-17W Guideline Updates and Changes
  • 17-17W Guideline Updates and Changes
  • 16-17W Loan Submission Policy
  • 15-17W Guideline Updates and Changes
  • 14-17W Purchase Incentive
  • 13-17W Loan Level Price Adjuster Changes
  • 12-17W 501 Non-Conforming Price Adjuster Changes
  • 11-17W Guideline Updates and Changes
  • 10-17W Guideline Updates and Changes
  • 09-17W Guideline Updates and Changes
  • 08-17W Rate Sheet Format Change
  • 07-17W Guideline Updates and Changes
  • 06-17W Guideline Updates and Changes
  • 05-17W Presidents’ Day Holiday
  • 04-17W FHA MIP Reduction
  • 03-17W “Auto-Lock” Implementation
  • 02-17W Guideline Updates and Changes
  • 01-17W Guideline Updates and Changes

2016

  • 47-16W Martin Luther King, Jr. Day Holiday
  • 46-16W Loan Level Price Adjustment Changes
  • 45-16W Loan Level Price Adjustment Changes
  • 44-16W Purchase Incentive
  • 43-16W New Year’s Holiday
  • 42-16W Christmas Holiday
  • 41-16W Loan Level Price Adjustment Changes
  • 40-16W 6 Month Pay History on VA IRRRL and USDA Streamline Transactions
  • 39-16W Thanksgiving Holiday
  • 38-16W FHLMC Home Possible
  • 37-16W Guideline Updates and Changes
  • 36-16W Veterans Day Holiday
  • 35-16W Guideline Updates and Changes
  • 34-16W Guideline Updates and Changes
  • 33-16W Loan Level Price Adjustment Changes
  • 32-16W Columbus Day Holiday
  • 31-16W 501 Non-Conforming Price Adjuster Change
  • 30-16W Labor Day Holiday
  • 29-16W 501 Non-Conforming Price Adjuster Change
  • 28-16W Lock Cancellations
  • 27-16W Loan Level Price Adjustment Changes
  • 26-16W Loan Level Price Adjustment Changes
  • 25-16W Loan Level Price Adjustment Changes
  • 24-16W 501 Non-Conforming Price Adjuster Change
  • 23-16W Independence Day Holiday
  • 22-16W Loan Level Price Adjustment Changes
  • 21-16W Guideline Updates and Changes
  • 20-16W 701 Non-Conforming California Price Adjuster
  • 19-16W Memorial Day Holiday
  • 18-16W Loan Level Price Adjustment Changes
  • 17-16W 701 Non-Conforming Products Reinstated
  • 16-16W Guideline Updates and Changes
  • 16-16C Loan Level Price Adjustment Changes
  • 15-16W Super Conforming LLPA Changes
  • 14-16W 701 Non-Conforming Products Suspended
  • 13-16W 301 Non-Conforming Products Suspended
  • 12-16W MSF Guideline Improvements
  • 11-16W Manufactured Homes
  • 10-16W Standard (Non-Gold) Products
  • 09-16W Loan Level Price Adjustment Changes
  • 08-16W Guideline Updates and Changes
  • 07-16W President’s Day Holiday
  • 06-16W Guideline Updates and Changes
  • 05-16W Guideline Updates and Changes
  • 04-16W Guideline Updates and Changes
  • 03-16W Revised Super Conforming Guidelines
  • 02-16W Martin Luther King, Jr Day Holiday
  • 01-16W New FHA and VA Gold 3/1 and 5/1 ARM

Turn Times Short Code – Wholesale

Turn Times

Updated as of May 16, 2018

SUBMISSION

  • Loan Set-Up / LE Disclosures 48 Hours
  • Trailing Documents Review 24 Hours

INITIAL UNDERWRITING

  • Conventional 05/14
  • Government 05/14

PROCESSING

  • Condition Review 2 Days
  • Trailing Conditions 2 Days

UNDERWRITING CONDITIONS

  • Conventional 2 Days
  • Government 2 Days
  • Loan Escalation 1 Day
  • Initial CD Order 3 Days

Figures and Closing Documents: 1-2 Days

*Turn Times are calculated in business days.

Turn Times Short Code – Correspondent

Turn Times

Updated as of

Figures and Closing Documents: