DU Risk Assessment

Fannie Mae – FAQs for Appraisal Waivers – Dated June 24, 2019 – NEW MTP™ – Fannie Mae Properties Eligible for Appraisal Waivers

Written By: Lloyd Rutherford, Staff Writer Appraisal waivers are fantastic if your file qualifies for them! Keep up to date with this most recent FAQ from Fannie Mae on this subject. Rule Synopsis: Fannie Mae has updated their FAQ document for appraisal waivers. Interpretive Comments: I think we can all agree that any advance we [...]

2019-07-09T11:34:21-05:00July 10th, 2019|

Fannie Mae – Multiple FAQ’s: DU/DO 10.3 – Dated December 17, 2018; Appraisal and Property-Related FAQs – Dated December 2018; and FAQs for Appraisal Waivers – Dated December 4, 2018 [UPDATED Chart – Fannie Mae – DU Tolerance Table]

Written By: Lloyd Rutherford, Staff Writer FAQs are great documents to provide clarification in the guidelines.  In this update we review the new FAQs for the latest DU/DO update and appraisal waivers.  Both are need-to-know for anyone involved in the front-end process. Rule Synopsis: Fannie Mae updated two of their FAQ documents for appraisal-related topics [...]

2019-01-10T08:44:42-05:00January 10th, 2019|

Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes DU Version 10.3 December Update – Updated October 31, 2018 – Effective December 8, 2018.

Written By: Lloyd Rutherford, Staff Writer There is a big change coming from Fannie Mae, especially as it relates to higher-risk borrowers.  Read through this update to find out what you need to know. Rule Synopsis: Fannie Mae announces the newest DU Version to be released: DU Version 10.3. The changes in this release will [...]

2018-11-09T08:44:26-05:00November 9th, 2018|