Reps and Warrants

Fannie Mae – FAQ’s: DU Validation Service FAQs – Updated April 16, 2019; DU Validation Service Messages – Updated April 9, 2019 and Introducing the DU Validation Resource Center

Written By: Lloyd Rutherford, Staff Writer Technology at the agencies is advancing quickly, and if you’re going to compete you must keep up with it as well.  This article provides new resources from Fannie Mae to take your services to the next level. Rule Synopsis: Fannie Mae created a new resource page/center for all things [...]

2019-05-10T07:17:48-05:00May 10th, 2019|

Fannie Mae Selling Guide Announcement SEL-2019-03 – Dated April 3, 2019 [NEW Chart – Fannie Mae & Freddie Mac Limited Review Condominiums]

Written By: Lloyd Rutherford, Staff Writer Interesting update from Fannie Mae, and a “Did You Know” to share with your referral sources or staff. Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This article will focus on the topics that generally benefit originators. The updates announced in this Selling [...]

2019-04-09T11:46:44-05:00April 10th, 2019|

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 [...]

2019-03-10T14:16:48-05:00March 10th, 2019|

Fannie Mae- FAQ’s: DU Validation Service FAQs – Updated October 24, 2018

Written By: Lloyd Rutherford, Staff Writer As more and more FinTech companies evolve, Fannie Mae is reminding all lenders about their privacy duties as it relates to borrower data.  Read these updated FAQ questions for DU Validation Service. Rule Synopsis: The DU Validation FAQ document has been updated: DU Validation Service FAQs Seventeen pages with [...]

2018-11-09T08:36:13-05:00November 9th, 2018|

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 [...]

2018-05-29T16:42:19-05:00May 9th, 2018|