Fannie, Freddie & FHA – Digital Wallet Apps – Can we use Venmo® or Zelle® deposits as an acceptable source of fund?

Answer: Fannie & Freddie Say: This is a good question, especially as we watch payment systems evolve.  That said, this is a “no go” for use as available assets.  The primary challenge with these types of accounts not being eligible is defined in the following requirements, many of which cannot be met with a Digital […]

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