Recent FHFA directive now impacts some programs at Fannie and Freddie Below are relevant dates for programs that are impacted. Known Impacted ProgramsThese program are being retired:
HomeReady First (aka Home Buy Assist 3k and 6k) 1
DU must be run and receive the HomeReady First message on or before 4/5
Loans must be closed/funded by 6/13
BorrowSmart Access (this is NOT HomePossible BorrowSmart)
Counseling calls to HPF must be completed on or before 3/31
Loans must be closed/funded by 5/9
HomePossible VLIP 3
Loans must be closed/funded by 5/9
Programs we expect to be impacted are listed below, but as of this email, it is business as usual for those products.
FHA Notice for Non-Permanent Residents
NFM is aware of the update posted in HUD ML25-09 that prohibits FHA financing to non-permanent residents, effective for case numbers assigned on or after May 25, 2025.
NFM is not taking immediate action as we still have two months before this takes effect We hope this will be updated or rescinded as FHA receives commentary from the industry
If the change does take effect in its current form, NFM will follow the HUD timeline However, it's business as usual until this plays out
Please note that Fannie Mae and Freddie Mac have not adjusted their guidelines as of 3/27/2025
Stress Awareness Month has been held every April since 1992 to raise awareness of the causes and cures for our modern-day stress epidemic. It is the time when we have an opportunity for an open conversation on the impact of stress. Dedicated time to removing the guilt, shame, and stigma around mental health. To talk about stress, and its effects and open up about our mental and emotional state with friends, families, colleagues, and professionals
During this annual thirty day period, health care professionals and health promotion experts across the country will join forces to increase public awareness about both the causes and cures for our modern stress epidemic
STRESS MANAGEMENT TECHNIQUES
1. Engage in Physical Activity: Exercise releases endorphins, which have mood-boosting effects. Aim for at least 30 minutes of moderate-intensity exercise most days of the week.
Take
Social support is crucial for stress management. Spend time with friends, family, or join a support group.
MAIN STREET KITCHEN & BAR
A TRADITION UNLIKE ANY OTHER
Can’t make It to Augusta this month? You can still eat like you are with these iconic Masters recipes
PIMENTO CHEESE SANDWICHES
INGREDIENTS
¼ cup cream cheese, room temperature
½ cup mayonnaise
½ cup sour cream
¼ tsp garlic salt
2 cups shredded cheddar cheese
½ cup freshly shredded Parmesan cheese
½ cup diced pimentos
THE AZALEA
INGREDIENTS
1 part lemon juice
2 part vodka
1 part pineapple juice
splash grenadine, add until desired color is reached
INSTRUCTIONS
Mix all ingredients together and serve. Garnish with lemon slices, if desired.
Refrigerate mixture until ready to serve.
INSTRUCTIONS
Whip cream cheese until smooth.
Add in mayonnaise, sour cream, and garlic salt.
Whip until smooth.
Stir in remaining ingredients.
Cover and refrigerate 30 minutes, or until ready to serve.
Spread on your favorite white bread
ARAB AMERICAN HERITAGE MONTH
National Arab American Heritage Month was recognized in April 2021 by President Joe Biden, with the U.S. Department of State, some members of Congress and 37 governors issuing proclamations supporting the month. Arab American Heritage Month recognizes the achievements of Arab Americans Across the country, cultural institutions, school districts, municipalities, state legislatures, public servants, and non-profit organizations issue proclamations and engage in special events that celebrate Arab American community’s rich heritage and numerous contributions to society.
