AC-013 Important Conventional Credit Updates
NOTICE TO ALL CUSTOMERS
Important Conventional Credit Updates
This bulletin provides a summary of important updates being made to several sections of FLCBank’s conventional
underwriting guidelines.
Fannie Mae and Freddie Mac
Interested Party Contributions (IPCs)
The GSEs announced updates to their definitions related to Interested Party Contributions (IPCs) and are updating the related requirements to provide greater clarity around this topic which include: