News

Pricing Update: Investment Property Business Purpose Field

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The business purpose field must be completed when pricing an Investment Property in order to get pricing.
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MISMO XML of the Appraisal

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Please include the MISMO Appraisal XML files, in addition to the PDF's of appraisals when uploading credit
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Shellpoint Payment Address Update

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Effective Immediately, Goodbye Letters and 1st Payment Letters for Shellpoint serviced loans should be
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Collateral Shipment Update

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Effective immediately, a true & certified copy of the Deed of Trust/Mortgage and applicable riders will
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Update: Asset & Reserves Eligibility

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Effective May 1, 2025, Arc will no longer check for eligibility of assets or reserves during registration or
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Maryland Loans Registration Update

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Effective for loans registered with Arc Home on or after April 28, 2025, the following loan products will be
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Guideline Updates: Access & Edge Guideline and Appraisal Valuation Requirement Changes

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Correspondent
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Correspondent ALERT – FEMA Disaster Expansion for Kentucky

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Correspondent ALERT – FEMA Disaster Expansion for Kentucky FEMA has expanded the disaster
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Correspondent ALERT – Expanded FEMA Disaster Declaration for West Virginia

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Correspondent ALERT – Expanded FEMA Disaster Declaration for West Virginia FEMA has expanded the
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Correspondent “FEMA Disaster Notification” from Arc Home LLC

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Correspondent ALERT – FEMA Disaster Expansion for Kentucky FEMA has expanded the disaster
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Correspondent ALERT – FEMA Disaster Declaration for Kentucky

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FEMA has issued a disaster declaration, DR #4860, for the Kentucky counties identified in the
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Freddie Mac Update for ACE & ACE + PDR Expansion

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The following update is effective for LPA submissions & resubmissions on or after February 24,
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Fannie Mae Guideline Update for Non-Borrowing Purchaser

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The following update is effective immediately for all loans:
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Correspondent ALERT – FEMA Disaster Declaration Update for California

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Correspondent ALERT – FEMA Disaster Declaration Update for California Based on the progress
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Correspondent ALERT – FEMA Disaster Declaration Update for California

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FEMA Based on the progress made in containing the wildfires for disaster, DR# 4856, in Los Angeles County,
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