NJHMFA Lender Bulletin
Important Program Updates for Participating Lenders
October 29, 2020
Lender Bulletin 2020-14:
Mandatory Quality Control Training for Lenders 
Due to the current health concerns related to COVID-19, the vast majority of NJHMFA staff will be working remotely until further notice. Please contact Agency staff via their work email address. NJHMFA encourages all of our business partners and constituents to submit any and all documentation in an electronic format whenever possible as staff will continue to check email and review information submitted electronically.  
Attention Lenders:

NJHMFA has developed a new process for our Quality Control Department to audit loans that have been purchased by the Agency. As a part of this new process, we provide lenders with an audit report of findings that need to be cleared. In an effort to reduce the number of findings and to discuss audit trends, all lenders are required to complete a mandatory Quality Control Webinar. Staff members who assist with the post-closing and delivery of closed loans to the Agency are required to attend.  

Webinars are available on the following dates via Microsoft Teams:

Monday, November 9, 2020 at 11 a.m. EST
Tuesday, November 10, 2020 at 11 a.m. EST
Thursday, November 12, 2020 at 11 a.m. EST 


If you require additional webinar dates, please contact the SF Business Development Team at SFLenders@njhmfa.gov. 
Questions? Need Help? 

If you have questions about one of our loan products or need help with a loan in the ILRS system, please e-mail your requests to SFLenders@njhmfa.gov. 

Access Forms, Checklists, Policies, Previous Lender Bulletins and More at the Lender Resources Page: www.njhousing.gov/lenders/
Was this email forwarded to you? Sign up for our email list to stay up to date on NJHMFA news.
New Jersey Housing and Mortgage Finance Agency | 609-278-7400 | NJHousing.gov