I had a couple of late mortgage payments about 14 months ago. Will I still be able to re-finance?
No lates in the past 12 months would work.We'll ask for an explanation on the mortgage lates that had occured. I am sure though it had an impact on your FICO/credit scores - depending how many months you were late and if it was consecutive lates. Do you know where your score might be now? I ask because it does...

If you have a Fannie May loan and your loan has been bought or transferred is the new company allowed to change the type of loan?
They have to go by the "Promissory NOTE" that you signed. A servicer can not just change the loan type.