May 20, 2020

5 GSE COVID-19 Guideline Updates You Need to Know

As we navigate the impact of COVID-19 on our industry, Radian is implementing changes to our mortgage insurance, title insurance, and real estate services processes to align with the latest GSE announcements. Here’s what you need to know.

  1. Expanded Borrower Support
    COVID-19 related hardships are now considered an eligible hardship, regardless of property type.

  2. Increased Remote Capabilities
    Temporary flexibilities like desktop appraisals, VVOE alternatives and online notarization are being implemented to support origination and closing.

  3. Additional Due Diligence
    Given the impact on employment and income, lenders should ensure new MI applications reflect the current status of borrowers’ income, assets, and business operations (if self-employed).

  4. Uniform Servicer Reporting
    There are new servicer reporting requirements for uniformity in relation to COVID-19 related defaults, forbearance, and loss mitigation workouts.

  5. Protection for Borrowers with Loans in Forbearance
    Radian will still activate MI coverage for loans entered in a COVID-19 related forbearance plan and offer flexibility in rescission relief eligibility.

Radian is here to help as you assist new and existing borrowers during these unprecedented times. For more information on the latest guideline changes, visit or contact your Radian Account Manager. 

Go Back

5 GSE COVID-19 Guideline Updates You Need to Know

Here are 5 updates about recent GSE guideline changes you need to know.

Card image cap

Preparing for an Influx of REO Volume

Now is a critical moment to prepare for the anticipated wave of foreclosures coming and ensure you have the people, processes, and technology ready to meet the challenge ahead.

Card image cap

Meet the Faces of Valuations

Radian’s Valuations team shares their insights on changes impacting the real estate industry.

Card image cap

Case Study: E-Closing & Remote Online Notarization (RON)

The need for lenders and borrowers to conduct loan transactions safely during the COVID-19 pandemic has accelerated the need for low-contact and no-contact closings. Learn how Radian facilitated innovative remote closing services for one of the largest commercial banks in the U.S.

Card image cap

Mortgage Disruption Outlook

Key takeaways from the HW Spring Summit 2021 Mortgage Disruption Outlook panel.

Card image cap

Radian Technology in Action

Amid a global pandemic that has accelerated the demand and need for digital products and services, we are at the forefront, delivering new and better ways to manage credit risk and execute real estate transactions.

Card image cap

The Changing Role of HR: Leading People into the Unchartered Future

Mary Dickerson shares her key priorities as Radian’s new Chief People Officer and how the role of HR professionals has changed over time.

Card image cap

Podcast: 2020 Home Prices Year-in-Review

Dive deeper into 2020 real estate market trends with a year-in-review of data from the Radian HPI.

Card image cap

Working in 2021: Mortgage Lenders Speak Out

Radian polled executives and senior leaders within mortgage companies to share their evolving action plans, implemented responses, and their future plans for work environments.

Card image cap

Meet the Faces of Title: Part 2

Meet additional members of the Radian Title Services sales and operations teams.

Card image cap

Are You Ready for URLA Updates?

According to the GSEs, the new Uniform Residential Loan Application (URLA) is designed to enhance data quality, improve consistency and clarity, and strengthen the entire application process.