MortgageCurrentcy Subscriber Library

DU/DO Release Notes Version 11.0 – July 2021 – Fannie Mae

Description:

During the weekend of July 17, 2021, Fannie Mae will implement an update to Desktop Underwriter® (DU®) Version 11.0, which will include updates to support Lender Letter LL-2021-11.

High LTV Refinance Transactions

As described in Lender Letter LL-2021-11, loan casefiles created on or after July 1, 2021 will no longer be underwritten as a high LTV refinance. Existing loan casefiles created prior to July 1, 2021 will continue to be underwritten as high LTV refinance transactions.

Qualifying Interest Rate Used by DU

Document type:

  • Chart/Checklist

Agency:

Fannie Mae

Download:

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