Tag: Risk Factors

Fannie Mae – DU/DO Release Notes DU Version 11.0 – Dated February 10, 2021 – Effective March 13, 2021

Written by: Lloyd Rutherford, Staff Writer Wow!!  Fannie Mae is dropping the hint that DU approvals and conditions may vary by lender. So, who you work for may help or harm you!  Read this article to find out more. Rule Synopsis: Fannie Mae will be releasing DU Version 11.0 – the newest DO/DU Version to […]

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Fannie Mae Selling Guide Updates – SEL-2021-02 – Dated March 3, 2021

Written by: Lloyd Rutherford, Staff Writer Selling guide updates are important to read each month.  Our experts distill the changes you need to know to help you understand them and move on with your day. Rule Synopsis: Fannie Mae is updating their selling guide for a couple of topics. This article will focus on the […]

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Fannie Mae Fact Sheet – Underwriting Borrowers without Traditional Credit – “Automating a Manual Process” – Dated April 2018

By: Lloyd Rutherford, Staff Writer Non-Traditional credit does not mean “no mortgage”.  In fact, lenders who do not offer underwriting options for borrowers in this category significantly increase their risk for fair lending violations.  Read this update to learn what Fannie has to say about borrowers without traditional credit. Rule Synopsis: Fannie Mae created a […]

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