Feature Enhancements in June 2018 Critical Patch
Custom Program Management (CPM)
Why we made this update: To enable the Encompass Product & Pricing Service (EPPS) to use the correct HUD Section 184 Loan Limits to determine the HUD Section 184 Maximum Loan Amount.
Updated HUD Section 184 Loan Limits for 2018
EPPS has been updated with the 2018 HUD Section 184 Loan Limits. The new loan limits are available via the Loan Limits tool under CPM when the Effective Date is on or after May 1, 2018 or when the effective date is blank. In addition, for loans with an effective date on or after May 1, 2018, EPPS will qualify the loans using the new loan limits for HUD Section 184 products and the new loan limits will be displayed in Ineligible Reasons.
Loans with an effective date prior to May 1, 2018 will not be affected.
EPPS-18793
