High Loan-to-value

Fannie Mae Selling Guide Announcement SEL-2018-06 – Dated August 7, 2018

Written By: Lloyd Rutherford, Staff Writer Hallejuah!  Fannie Mae must be feeling really positive about the housing market.  Read through this update to find out what has changed, and one additional document you will no longer need. Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This article will focus on [...]

2018-08-09T19:01:02-05:00August 9th, 2018|

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 [...]

2018-08-09T19:01:45-05:00August 9th, 2018|

Fannie Mae Lender Letter LL-2018-02-High Loan to Value Refinances – Dated May 22, 2018-Effective November 1, 2018 [UPDATED Chart-Fannie Vs. Freddie Super Conforming Chart]

By: Lloyd Rutherford, Staff Writer In anticipation of the phase-out of DU Refi Plus and Refi Plus, Fannie Mae is announcing a High Loan-to-Value Refinance Option.  This update is important for any Fannie Mae lender to read. Rule Synopsis: Fannie Mae updates LTV parameters for the new high-LTV refinance option that will be used to [...]

2018-06-11T10:45:41-05:00June 8th, 2018|