SELLER RESOURCES

Within this library of resources, you will find bulletins that keep you informed of regulation changes and new product rollouts, breaking news announcements, product guidelines and overlay matrices, and much more.


BREAKING NEWS

2016 Breaking News
CMG Image 02-16-2016 W2 Transcript Policy Update
CMG Image 02-01-2016 6200 Series Jumbo Updates
2014 Breaking News
CMG Image 11-03-2014 CMGfi.com Layout Changes
CMG Image 10-28-2014 Loan Program Matrices and Guidelines
CMG Image 09-16-2014 Action Required: WebTrac Login Issue
CMG Image 08-05-2014 Underwriting Fee and LLPA
CMG Image 06-25-2014 Same Day Review of Outstanding Conditions
CMG Image 03-31-2014 Jumbo 5/1 ARM now qualifies at 2% over start rate
CMG Image 03-17-2014 HomePath® Closing Cost Incentive Opportunity
CMG Image 01-23-2014 2014 ARM Matrix / Government Note Change Date is Now Available
CMG Image 01-17-2014 NEW Guideline and Overlay Accessibility

BULLETINS

2018 Bulletins
2017 Bulletins
2016 Bulletins
2015 Bulletins
2014 Bulletins
2013 Bulletins
2012 Bulletins

REQUESTING DO SPONSORSHIP

Log into your Fannie Mae account or create an account:

Log In Create Account

  1. Sign in with your Fannie Mae user ID and password
  2. Click on the "C" under "Index of Sponsoring Lenders"
  3. Find CMG Mortgage from the list, check the box to the left, and also check the “yes” box to the right and fill in your National Sales Manager.
  4. Click "Continue" and finish the process
  5. If you have any questions regarding signing up, please contact Justin Daly a 925.983.3072 or by email at jdaly@cmgfi.com

For TRID Resources, please view the TRID tab.


QM

QM POLICY

DOWNLOAD
CMG image CMG Income Calc Worksheet
CMG image Trust Review Checklist
CMG image Condition Cover Sheet
CMG image Power of Attorney Checklist
CMG image Homeowner's Association Certification
CMG image CMG Conventional Condo/PUD Warranty
CMG image Type S Condo
CMG image Correspondent Lending Loan Submission Checklist UPDATED - 3/25/15
CMG image Jumbo Loan Submission Guide & Checklist
Tangible Benefits
CMG image Multi State Borrower Benefit Worksheet
CMG image CO Tangible Net Benefit Worksheet
CMG image MD Tangible Net Benefit Worksheet
CMG image ME Tangible Net Benefit Worksheet
CMG image SC Tangible Net Benefit Worksheet

TILA/RESPA Integrated Disclosure

Please refer to our TRID Purchase Requirements below. If you have further questions, please contact us so we can address those concerns in future TRID FAQs.

TRID Purchase Requirements Contact Us


Newsletters


TRID FAQ


Webinars

* Registration is required.
Register for the webinars by following the links and schedule below.

Part I. TRID - Overview of TRID Rule and Understanding the Loan Estimate (LE) Completed
May 27, 2015 - 10:00 AM PDT
This session provides an overview of the TRID rule and its implications to retail and wholesale originated loan production. A comprehensive review of the new Loan Estimate (LE), which combines the current GFE and TILA disclosures into a single disclosure, is included in this session. Understanding the implications to the timing, documentation and delivery of the new disclosure is critical to achieving compliance.

PowerPoint Presentation


Part II. TRID - Navigating the Closing Disclosure (CD) Completed
June 10, 2015 - 10:00 AM PDT
This session provides a comprehensive review of the Closing Disclosure, which combines the current HUD 1 and TIL into one disclosure. The new form impacts the re-disclosure of fees and the waiting periods for closing. Significant coordination with real estate agents and title firms is essential to facilitate compliant purchase transactions under the new rule.

PowerPoint Presentation


Part III. Changing Circumstances Completed
August 5, 2015 - 12PM PST
This session will provide an extensive outline of the allowable changed circumstances under the new TILA-RESPA Integrated Disclosure (TRID) rule. The new rules and requirements may have a broad impact on the disclosure process. Some of these include; considering a valid changed circumstance that no longer requires an updated or re-disclosed Loan Estimate (LE), a changed circumstance occurring once the Closing Disclosure (CD) is furnished, and other requirements in re-disclosing a CD. While the CFPB is still fielding questions on changed circumstances, attention to some of the key issues and hardships with changed circumstances will be presented.

PowerPoint Presentation


Part IV. Best Practices Completed
August 18, 2015 - 8:30 AM PST
This session will provide a general outlook of how CMG will implement TRID for Third-Party Originated (TPO) business. Takeaways from industry peer group participation will be shared as the preparation for TRID continues. In addition, there will be emphasis on who is responsible for preparing the Loan Estimate (LE), how to handle Changed Circumstances (COCs), and preparation of the Closing Disclosure (CD).

PowerPoint Presentation


Part V. CMG Processes
September 1, 2015 - 8:30 AM PST Completed
As an approved Seller to CMG Correspondent Lending, you can expect us to provide you with our policies and procedures for delivering a TRID-compliant loan to ensure a fast and efficient purchase process. Suzanne Reep, Senior Closing Manager for CMG Financial, will join Kara Lamphere for this session, which will include a generous allotment for Q & A.

PowerPoint Presentation


TRID - Trends and Best Practice Recommendations
March 23, 2016 - 10:00 AM PST Completed
As an approved Seller to CMG Correspondent Lending, you can expect us to provide you with our policies and procedures for delivering a TRID-compliant loan to ensure a fast and efficient purchase process. This webinar was presented by Suzanne Reep, Senior Closing Manager for CMG Financial, joined by Paula Leber, Compliance Manager which included a generous allotment for Q & A. The presentation highlighted Trends and Best Practice Recommendations.

PowerPoint Presentation


Industry Resources

QM POLICY

Correspondent Forms
CMG image CMG Income Calc Worksheet
CMG image Trust Review Checklist
CMG image Condition Cover Sheet
CMG image Power of Attorney Checklist
CMG image Homeowner's Association Certification
CMG image CMG Conventional Condo/PUD Warranty
CMG image Type S Condo
CMG image Correspondent Lending Loan Submission Checklist
CMG image Jumbo Loan Submission Guide & Checklist
Tangible Benefits
CMG image Multi State Borrower Benefit Worksheet
CMG image CO Tangible Net Benefit Worksheet
CMG image MD Tangible Net Benefit Worksheet
CMG image ME Tangible Net Benefit Worksheet
CMG image SC Tangible Net Benefit Worksheet

FORMS

Correspondent Forms
CMG image CMG Conventional Condo/PUD Warranty
CMG image CMG Income Calc Worksheet
CMG image Condition Cover Sheet
CMG image Condo Attachment
CMG image Condominium Questionnaire 6400 Series
CMG image Contents of Collateral File
CMG image Conventional Escrow Holdback Agreement
CMG image Conventional Loan Leasehold Estate Evaluation Checklist
CMG image Correspondent Lending Loan Submission Checklist
CMG image CPM/Full Review Checklist
CMG image DU Limited Condo Requirements
CMG image DU Limited HOA Cert
CMG image FHA/USDA Escrow Holdback Agreement
CMG image FHA Streamline Worksheet Optional
CMG image Freddie Mac Open Access Calculation Worksheet
CMG image HOA Cert for CPM Review
CMG image Homeowner's Association Certification
CMG image Jumbo Loan Submission Procedures
CMG image LP Streamline HOA Cert and Requirements
CMG image Multiple Financed Properties Attachment
CMG image Power of Attorney Checklist
CMG image Trailing Final Documents Transmittal
CMG image Trust Review Checklist
CMG image Type S Condo
CMG image VA IRRRL QM Safe Harbor Worksheet
Tangible Benefits
CMG image Multi State Borrower Benefit Worksheet
CMG image CO Tangible Net Benefit Worksheet
CMG image MD Tangible Net Benefit Worksheet
CMG image ME Tangible Net Benefit Worksheet
CMG image SC Tangible Net Benefit Worksheet

BECOME AN APPROVED CORRESPONDENT PARTNER

Why Partner with Us?
It's simple. We're different. We believe that providing extraordinary service and building strong relationships is what creates true success. Starting in 1993, CMG Financial has grown into a multi-channel mortgage bank operating in most states and the District of Columbia. Today, we are still passionate about maximizing our clients' growth through an elevated partnership.

Experience the benefits of a national lender with the high-touch service of a local business partner.

View Seller's Guide for Qualifications


Doing Business Wherever You Lend
Helping your business grow is our business. Contact the National Sales Manager located in your area or call 800.501.2001.

Contact National Sales Manager


GETTING STARTED

The application process is now easier than ever. Click below to download and complete the DocuSign Information form today.

DocuSign Information

© CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender with corporate office located at 3160 Crow Canyon Road, Suite 400, San Ramon, CA 94583 888-264-4663. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act No. 4150025; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #MC.0001160; Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. For information about our company, please visit us at www.cmgfi.com. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and NMLS Consumer Access (www.nmlsconsumeraccess.org).