Florida Housing Bond Program Grant Update 12/12/18
Florida Housing announced this morning that the Bond Grant loan option has been fully utilized. Florida Housing STILL has the Florida Assist Second Mortgage, FL HLP Second Mortgage and the TBA Program Grant (3% or 4%) down payment assistance options available. Below is a snap shot of the available programs and the DPA options available.
Important Announcement Chenoa (CBC Mortgage)
On January 1st, 2019 Chenoa will expire its current published pricing and begin offering only one rate for each FICO band for each of their products. This change will bring them in line with how other state housing finance agencies price their loans. You will still be able to see rates and lock through Optimal Blue, but it will show a par rate like below.
There are no other changes to the programs currently besides the change in how rates/pricing works on the first mortgage. You will still be able to charge standard fees and origination if it is within atr/qm points and fees test. There is no change to how the second mortgage rates are determined either (rate advantage 8% fixed 10-year term, HomeReady 2% above 1st mortgage rate 10-year term). Should you have a loan in the pipeline that you wish to lock under the current pricing structure you will need to submit those for lock prior to 2pm EST on 12/31/18.
Should you have any questions or concerns please reach out to secondary@ vandykmortgage.com.
Several months ago, we added an additional Underwriting Manager, JJ Darnell, to support our Western Region. Today we are pleased to announce the creation of East and West Coast Underwriting Teams. JJ and Lindsey have been working together over the last few months to acclimate JJ to our VanDyk family. Currently they share the responsibility of managing the UW Scenario Help Desk. Please continue to use theUWScenario@vandykmortgage.com regardless of East or West Coast. Since the creation of East and West coast teams, we have created new UW queues for East and West Coast that will be utilized when submitting loan files to Underwriting.
JJ Darnell will manage the West Coast Team to include the following teammates:
West Coast Team
Tracy Lucas
Kayla Murphy
Edward Boback
Rosemarie (Lynn) Smith
If you have an underwriting issue after 6:00 EST please contact JJ Darnell at (616) 974-9275 or via email at jdarnell@vandykmortgage.com.
Lindsey Kuhnle will manage the East Coast Team and those teammates include:
East Coast Team
Jennifer Anderson
Karen Widmeier
Ken Frachiseur
Melissa Riddle
Loree Haugom
Connie Gregg
Deana Daniels
Candi Bell
Kelly Sherwood, Assistant Underwriting Manager, will remain an integral part of both teams. She will continue to be a support to JJ, Lindsey and our group of underwriters. Kelly will also continue to manage rush requests for both East Coast and West Coast branches. Please email her with these requests copying Lindsey or JJ according to region.
To make sure we are fully supporting our West Coast origination teams through closing and funding we currently have two Closing Team members who work a schedule to accommodate our West Coast partners, Kelly McLaughlin and Delores Philmore. If you have an issue with a closing after 5:00 EST please contact either Kelly McLaughlin at 616.974.9208 or email atkmclaughlin@vandykmortgage.com or Delores Philmore at 727.497.6658 or email at dphilore@vandykmortgage.com. You can also contact Monique Garcia at mgarcia@vandykmortgage or 727-214-6416 x414 until 6:00 pm EST. If you have a closing problem after business hours please contact Vicki Buck at vbuck@vandykmortgage.com or 727-744-8541.
We are looking forward to 2019 and what it has in store for our growth potential!!
Please see release notes for DataVerify for 12.9.18 Below
Hello,
Please find the 2019 VanDyk Payroll Calendar and Pay Dates in the links below. The documents will also become available on Paylocity, Intranet, and Seafile should you need them at a later date.
Should there be any questions or concerns please email Aaron Nemeth at anemeth@vandykmortgage.com.
Thank you,
Here’s the link to vote: https://nmpmag.submittable.com/gallery/dde141f5-1136-4eaf-9949-d1a0c67d551b
Instructions: Click on the link above, once you’ve reach the page find the “VanDyk Logo” and click on it. From there all you need to do is vote by giving us the “Thumbs Up” as shown below. You will be asked for your email address and name. After creating an account please verify it via the email sent by NMP for your vote to count
Social Survey and Zillow
Social Survey is currently in talks with Zillow to be able to auto post your reviews to Zillow in the near future (Early 2019). In the meantime, to help drive additional reviews to Zillow we are now adding Zillow to your secondary workflow at the end of the survey (where the Google My Business link currently is.) In addition to this, Social Survey now has the ability to pre-populate the text from SocialSurvey reviews onto Zillow as well, to make the process as simple as possible for customers until they have the auto post agreement complete.
Below is an example of what the end of the survey will look like. If a customer clicks the Zillow link, it will go straight to the “Write a Review” page on the LO’s individual Zillow page if they have it connected to SocialSurvey and will already have their review and star rating filled in for them, so they just have to click submit. If you don’t have a Zillow page to connect too, they review will be posted to VanDyk’s Corporate Zillow page.
If you would like to get this setup, please send your Zillow link to Jessica Oliver at: joliver@vandykmortgage.com.
IRS Closure Notice
Due to the upcoming National Day of Mourning for President George H. W. Bush, the IRS will be closed on Wednesday, December 5th. DataVerify will be open and will process requests in the order in which they are received.
If you have any questions or concerns please contact DataVerify Customer Support and we will be happy to assist you.
Thank you,
Customer Support
DataVerify
(p) 866.895.3282
Support@dataverify.com
www.dataverify.com
Reminder
New Version of Form 4506-T and 4506T-EZ
Dear DataVerify Customer:
The IRS has released new versions of the 4506-T and 4506T-EZ forms (Version September 2018), which are ready for immediate use. The IRS will begin redacting transcripts January 1st, 2019. This change will require DataVerify to begin stamping a Customer File Number on the 4506-T forms in December to ensure we are still able to complete work in progress when the change takes place.
DataVerify will start rejecting 4506-T requests on December 18, 2018 if they are not submitted on the new version of the form.
If you submit an order using the old version of the form, you will not incur any cost and can submit an updated form once rejected. We strongly recommend implementing these changes as soon as possible to mitigate potential issues.
You are receiving this message from DataVerify at your company’s request. Please review the information above and notify all relevant parties. If you have any questions or concerns please contact DataVerify Customer Support.
Customer Support
DataVerify
(p) 866.895.3282
Support@dataverify.com
www.dataverify.com
Good morning all,
Open Enrollment ends this Thursday, November 29, 2018 – if you are having any trouble completing your enrollment, please see the attached Did You Know document to walk you through the process!
Please contact Brenna Toland at btoland@vandykmortgage.com with any questions or concerns!
Thank you,