DU Version 10.1

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|

Fannie Mae – FAQ’s: DU Findings Report and Redesign – Dated September 27, 2018

Written By: Lloyd Rutherford, Staff Writer Fannie Mae is redesigning DU, and keeping up with those changes is important to your business.  Read through this update which contains 18 new FAQs! Rule Synopsis: Fannie Mae has issued an FAQ document to support the new DU Findings Redesign project that was launched on September 22, 2018. [...]

2018-10-10T09:57:19-05:00October 10th, 2018|

Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes – DU Findings Report Re-Design Update – Dated August 28, 2018 – Effective September 22, 2018.

Written By: Lloyd Rutherford, Staff Writer Life is always better when the technology that you must use each day makes things easier.  Well, Fannie Mae manages to do that with this exciting new release.  Read through this update to get prepared for a little nicer day! Rule Synopsis: Fannie Mae announces the newest DU Version [...]

2018-09-10T11:24:57-05:00September 9th, 2018|