Fannie Mae is updating their automated underwriting systems with stricter guidelines during the COVID-19 pandemic. However, they have increased flexibilities for appraisals. Every client has a different financial situation, so let’s discuss your refinance or purchase!
Related Article Title: Fannie Mae Updated FAQs for COVID-19 Impact – Dated April 8, 2020 & FNMA publishes DU/DO Release Notes Dated April 6, 2020 Written by: Lloyd Rutherford, Staff Writer There are more and evolving updates from Fannie Mae as we navigate through the COVID-19 pandemic. All conventional lenders need to read through this […]