AC-020 Reconsideration of Value Updates
NOTICE TO ALL CUSTOMERS
Updated Reconsideration of Value Requirements: Fannie Mae, Freddie Mac, Jumbo and FHA Loans
Fannie Mae and Freddie Mac announced via SEL-2025-07 and Bulletin 2025-12 respectively, they are rescinding certain requirements of the Reconsideration of Value (ROV). FHA had rescinded certain components of the ROV process earlier in May as well.
In light of these changes, FLCBank is updating the Reconsideration of Value (ROV) requirements in our FHA, Conventional and Jumbo Products that are effective with loan applications “Finaled” to FLCBank on or after Monday September 15, 2025.