LL-2018-02

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|