Jul 1, 2015 15-22
Office Closure-July 3, 2015 (Independence Day)
MFA will be closed on Friday, July 3, 2015, in observance of Independence Day.
Lenders will not be able to reserve funds via the on-line reservation system on July 3, 2015. Lenders will be able to submit Compliance Files, Suspense Conditions, Wire Requests and Closed Loan files electronically on July 3, 2015.
Compliance Files or Suspense Conditions submitted on Thursday, July 2, 2015 or Friday, July 3, 2015 will be checked in on Monday, July 6, 2015. File review timelines for Compliance Files or Suspense Conditions submitted on Thursday, July 2, 2015 or Friday, July 3, 2015 will start on Monday, July 6, 2015.
Wire Requests submitted by 10:00AM on July 2, 2015 will be processed and sent out to the title company on July 2nd. Wire Requests submitted on July 3, 2015 will be processed and sent to the title company on July 6, 2015.
Please reference MFA’s Compliance Manual for the specific timelines related to Compliance File and Suspense Condition reviews. The Compliance Manual can be found on MFA’s website at www.housingnm.org/lenders_realtors/policies
Thank you for participating in MFA’s program. Should you have any questions, please contact an MFA Homeownership Representative at 1-800-444-6880 or 505-843-6880.