From: Maverick Funding Wholesale
To: Dennis Sweatt
Sent: Friday, November 15, 2013 8:42 AM
Subject: Maverick is Informing You of Fannie Mae Changes!
Maverick Funding How To
MAVERICK IS INFORMING YOU OF FANNIE MAE CHANGES!
We will no longer accept a Power of Attorney on Conforming Cash Out Refinances
We will honor ALL loans currently in the pipeline that will close in the next 30 days!
Fannie Mae allows all for an attorney-in-fact to sign the security instrument and/or note on the borrower's behalf when certain conditions are met. The Selling guide has been updated to reflect the following additional requirements pertaining to the use of a power of attorney:
* Restrictions on certain transaction types for which a POA may be used, including not permitting powers on cash-out refinances transactions
For more details contact your Account Executive today!
click to visit our website www.maver****holeslae.com
take a look at our easy broker approval
take a look at our current rates sheet (password = maverick)
see our full list of product matrix's
Maverick Funding Corp.
NMLS
#7706
Headquarters:
9 Entin Road, Suite
200
Parsippany,
NJ 07054
Local:
973-***-6100
Toll-Free:
888-***-6866
View Our Rate
Sheets
Password
= maverick
www.mav****esale.com
This electronic message transmission contains information from Maverick Funding Corp. which may be confidential or privileged. Recipients should not file copies of this e-mail with publicly accessible records. The information is intended to be for the use of the individuals named above. If you are not the intended recipient, please be aware that any disclosure, copying, distribution or use of the contents of this message is prohibited.
Maverick Funding Corp. NMLS#7706, Executive Offices, 9 Entin Road, Suite 200, Parsippany, NJ 07054. Toll Free 888-616-6866. Licensed by the California Department of Corporations under the California Residential Mortgage Lending Act, License #4131048. Licensed by the California Department of Corporations under the California Finance Lenders Law, License #603H799. Illinois Residential Mortgage Licensee, License #MB.6760891, Massachusetts Lender License #ML3257; Michigan 1st Mortgage Broker/Lender/Servicer Registrant #FR0018028; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; Licensed by the Virginia State Corporation Commission, License #MC5352; Oregon Mortgage Lending License ML-4961; Licensed Lender SC; Texas Mortgage Banker Registration; Washington Consumer Loan License #CL7706, Licensed Wisconsin Mortgage Banker, also Licensed in AL, CO, CT, DC, DE, FL, GA, IN, KY, ME, MD, MN, NC, OH, TN, VT, WV. Equal Housing Lender. www.nm****raccess.org
________________________________
Click here to remove yourself from this mailing list
To: Dennis Sweatt
Sent: Friday, November 15, 2013 8:42 AM
Subject: Maverick is Informing You of Fannie Mae Changes!
Maverick Funding How To
MAVERICK IS INFORMING YOU OF FANNIE MAE CHANGES!
We will no longer accept a Power of Attorney on Conforming Cash Out Refinances
We will honor ALL loans currently in the pipeline that will close in the next 30 days!
Fannie Mae allows all for an attorney-in-fact to sign the security instrument and/or note on the borrower's behalf when certain conditions are met. The Selling guide has been updated to reflect the following additional requirements pertaining to the use of a power of attorney:
* Restrictions on certain transaction types for which a POA may be used, including not permitting powers on cash-out refinances transactions
For more details contact your Account Executive today!
click to visit our website www.maver****holeslae.com
take a look at our easy broker approval
take a look at our current rates sheet (password = maverick)
see our full list of product matrix's
Maverick Funding Corp.
NMLS
#7706
Headquarters:
9 Entin Road, Suite
200
Parsippany,
NJ 07054
Local:
973-***-6100
Toll-Free:
888-***-6866
View Our Rate
Sheets
Password
= maverick
www.mav****esale.com
This electronic message transmission contains information from Maverick Funding Corp. which may be confidential or privileged. Recipients should not file copies of this e-mail with publicly accessible records. The information is intended to be for the use of the individuals named above. If you are not the intended recipient, please be aware that any disclosure, copying, distribution or use of the contents of this message is prohibited.
Maverick Funding Corp. NMLS#7706, Executive Offices, 9 Entin Road, Suite 200, Parsippany, NJ 07054. Toll Free 888-616-6866. Licensed by the California Department of Corporations under the California Residential Mortgage Lending Act, License #4131048. Licensed by the California Department of Corporations under the California Finance Lenders Law, License #603H799. Illinois Residential Mortgage Licensee, License #MB.6760891, Massachusetts Lender License #ML3257; Michigan 1st Mortgage Broker/Lender/Servicer Registrant #FR0018028; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; Licensed by the Virginia State Corporation Commission, License #MC5352; Oregon Mortgage Lending License ML-4961; Licensed Lender SC; Texas Mortgage Banker Registration; Washington Consumer Loan License #CL7706, Licensed Wisconsin Mortgage Banker, also Licensed in AL, CO, CT, DC, DE, FL, GA, IN, KY, ME, MD, MN, NC, OH, TN, VT, WV. Equal Housing Lender. www.nm****raccess.org
________________________________
Click here to remove yourself from this mailing list
