Tag: Assets

Fannie Mae’s Top Trending Questions – Dated September 30, 2021

Written by: Lloyd Rutherford, Staff Writer You can learn a lot when you read the most commonly asked questions to Fannie Mae.  This updated Top Trending Questions article is a must read! Rule Synopsis: Fannie Mae updated their top trending questions. There are 24 questions and answers in this update. Interpretive Comments: The single biggest […]

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Fannie Mae’s FAQs for Positive Rent Payment History – Dated August 18, 2021

Written by: Lloyd Rutherford, Staff Writer Fannie Mae issued an update to DU Version 11 that will allow Rent Payments to be considered.  However, there are certain procedures that need to be followed to make this happen for your clients, so read through this article to learn what those are. Rule Synopsis: Fannie Mae issued […]

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Fannie Mae & Freddie Mac – Updated FAQs for COVID – Dated September 1, 2021

Written by: Lloyd Rutherford, Staff Writer As COVID restrictions on the housing market start to unwind the FAQs are an important way to update your knowledge about what rules are or are not in effect. Rule Synopsis: The GSE’s (Fannie Mae and Freddie Mac) have updated their FAQ documents for COVID related (temporary) changes to […]

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Fannie Mae – DU/DO Version 11.0 September 2021 Update – Dated August 11, 2021 – Effective September 18, 2021

Written by: Lloyd Rutherford, Staff Writer  DU is being updated with some very important changes that will affect the outcome of your files.  Read through this update to understand how these updates will affect the results of your client’s file. Rule Synopsis: Fannie Mae is updating DU Version 11.0 with multiple positive changes. The changes […]

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Fannie Mae Selling Guide Updates – SEL-2021-07 – Dated August 4, 2021

Written by: Lloyd Rutherford, Staff Writer Selling guide updates are a must-read every month as they contain the underwriting rule changes from the industry! Rule Synopsis: Fannie Mae is updating their selling guide for a few topics. This article will focus on the topics that benefit originators. The updates announced in this Selling Bulletin that […]

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