Tag: DU Validation

Fannie Mae Selling Guide Announcement SEL–2019-06 – Dated July 3, 2019

Written by: Lloyd Rutherford, Staff Writer Important updates from Fannie Mae’s seller bulletin, especially for those of you working with HomeReady® Buyers! Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This article will focus on the topics that benefit originators. The updates announced in this Selling Guide Announcement that […]

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Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes DU Version 10.3 July 2019 Update – Dated May 21, 2019 – Effective July 20, 2019

Written by: Lloyd Rutherford, Staff Writer DU users this is an important update that will clarify some recent changes that you need to know and one that none of us expected to see! Rule Synopsis: Fannie Mae announces an update to their newest DU Version: DU Version 10.3. The changes announced in this release will […]

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Fannie Mae & Freddie Mac – Uniform Residential Loan Application (URLA) / Uniform Loan Application Dataset (ULAD) FAQs – Updated February 26, 2019

Written By: Lloyd Rutherford, Staff Writer It’s just around the corner!  Soon we’ll all be using the new loan application.  Read through this update for additional FAQs published by Fannie Mae and Freddie Mac. Rule Synopsis: Fannie Mae and Freddie Mac published an updated FAQ document for the new “Uniform Residential Loan Application” that is […]

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Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes DU Version 10.3 March 2019 Update – Dated January 28, 2019 – Effective March 23, 2019

Written By: Lloyd Rutherford, Staff Writer We are always very thankful for the release notes issued by Fannie Mae as they help us understand why the underwriting results may have changed and what we need to do in order to get the results we are seeking.  This update contains a lot of DU updates so […]

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Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes DU Version 10.2 September Update – Dated July 24, 2018 – Effective September 22, 2018.

Written By: Lloyd Rutherford, Staff Writer This is a big update with a lot of information on Fannie Mae’s new Higher LTV refinance option, and DU messaging for income and employment. Rule Synopsis: Fannie Mae announces the newest DU Version Update for Version 10.2. The changes announced will be eligible for casefiles submitted or resubmitted […]

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