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HFA Bulletins
2008

MGIC participates in and supports Housing Finance Agency programs that serve the emerging housing markets. HFA loans are qualified under special guidelines to help maximize monthly affordability for their borrowers.

HFA bulletins listed below announce changes to underwriting guidelines and/or rates with regard to HFA loans. 2008 bulletins are provided below in PDF format. View other bulletins by year:

2009 | 2008

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2008 HFA Bulletins

Number Date Topics, (effective dates)

06-2008

07/08/08

Changes to MGIC’s National HFA guidelines and rate Card. Previously MGIC-approved program exceptions will no longer apply. (08/04/08)

05-2008

06/06/08

Underwriting changes affecting PreQual Program/Commitments, Agency AU Systems and DTIs, and Restricted Markets (06/06/08). Underwriting and rate changes (07/01/08) affecting construction-perm and construction-purchase requirements and MGIC’s combined SingleFileSM/Standard LPMI program.

04-2008

05/13/08

Changes to Restricted Markets applicable to HFA loans (06/01/08)

03-2008

05/05/08

Acceptable down payment/closing costs assistance grants/liens (05/05/08)

02-2008

04/22/08

Acceptable liens in Restricted Markets (04/22/08)

01-2008

03/27/08

Changes affecting standard A, Expanded Criteria/A- and Restricted Markets guidelines (04/14/08)