June 2018
Most Frequent Loan Purchase Suspense Trends

This month's most frequent loan purchase suspense trends seen are:
  • Missing copies of Loan Estimates issued for change in circumstance events
  • Title commitments with survey exceptions and no ALTA 9 endorsement or affidavit from title company on intent to issue final title policy with no survey exceptions
  • Flood Zone on Flood Certification and Appraisal not matching
  • Missing evidence of payment of the Up-Front Mortgage Insurance Premium
  • Missing evidence of activation of the Private Mortgage Insurance
Lender Notifications Now on AHFA Website

AHFA has added a Lender Notifications page on our website at http://www.ahfa.com/lenders/lender-notifications. 

This page displays an archived listing of all lender notifications sent as email blasts and serves as another resource to keep up-to-date on AHFA news. Keep this page bookmarked and check it regularly to ensure you are receiving our lender email blasts and as a backup in case you misplace any of our emails. 
"Your Home. Your Story." Selfie Contest Running Through June 30!

Your former customers, or customers who close during the month of June, who have used an AHFA program to buy their home are eligible to enter AHFA's "Your Home. Your Story." Selfie Contest now through the end of June. 

They simply need to snap a selfie, tell us something about their homebuying story, and post it to Facebook or Instagram with the hashtag #MyHomeMyStory.
 
A $500, $250, and $100 Visa gift card are up for grabs in this contest to celebrate National Homeownership Month. 

For more information, tell your customers to visit http://www.ahfa.com/news/2018-your-home-your-story-selfie-contest .
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Alabama Housing Finance Authority | Montgomery, AL | 334.244.9200 Email   Website