February 3, 2021
Guide Bulletin 2021-4: Updates to POA, CMT-indexed ARMs, Asset Verification and More
In Single-Family Seller/Servicer Guide (Guide) Bulletin 2021-4, we’re announcing updates to our requirements related to the following:
- Power of attorney (POA) eligibility and documentation, and document custodian receipt of recorded POA
- Retirement of CMT-indexed and LIBOR-indexed ARMs
- Direct account and third-party asset verifications
- Replacement of IRS Form 4506-T with 4506-C
You’ll also find other Guide updates and reminders in the Bulletin that may be important to your business.
Review the Bulletin for details on these updates and view our Q1 selling policy highlights.