Tag: DU

Fannie Mae – Updated FAQs for COVID – Dated July 29, 2020 and Freddie Mac – Updated FAQs for COVID – Dated July 29, 2020

Written by: Lloyd Rutherford, Staff Writer The agencies are being bombarded with questions during COVID.  This FAQ addresses many of the most common questions.  Take the time to read through these and make your life easier! 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 – Updated FAQs for COVID – Dated July 1, 2020 and Freddie Mac – Updated FAQs for COVID – Dated July 1, 2020

Written by: Lloyd Rutherford, Staff Writer What to do with COVID-19, and its impact on your clients, continues to evolve with the agencies.  Read through this update where the agencies address the latest FAQs. Rule Synopsis: The GSE’s (Fannie Mae and Freddie Mac) have updated their FAQ documents for COVID-related (temporary) changes to Mortgage Origination, […]

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Fannie Mae – DU/DO Release Notes DU Version 10.3 May 2020 Update – Dated April 15, 2020 – Effective May 16, 2020

Written by: Lloyd Rutherford, Staff Writer The more that you know about how to use DU/DO, the more success you will have when you try to get a loan approved.  Take advantage of our expert’s notes in this article. Rule Synopsis: Fannie Mae announces an update to DU Version 10.3. The changes in this release […]

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Fannie Mae HomeReady FAQ’s and HomeReady Product Matrix – Updated March 22, 2018 – New Fannie Mae Chart Added – HomeReady Matrix™

By: Lloyd Rutherford, Staff Writer Fannie Mae has added to their HomeReady™ FAQ document and issued a HomeReady™ Product Matrix.  If you work with the HomeReady™ program, be sure to read this update. Rule Synopsis: Fannie Mae updated their HomeReady™ FAQ document and their Product Matrix – the update really was to adapt the links […]

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Fannie Mae-HomeReady® FAQ’s – Updated January 24, 2018

By: Lloyd Rutherford, Staff Writer Fannie Mae expanded their HomeReady® FAQ document to assist more lenders in using the program.  This is a great program to know and understand, so take the time to read through this update and the materials referenced. Rule Synopsis This document has 39 total questions. Fannie Mae has not updated […]

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