Rural Housing

Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes DU Version 10.3 July 2019 Update – Dated May 21, 2019 – Effective July 20, 2019

Written by: Lloyd Rutherford, Staff Writer DU users this is an important update that will clarify some recent changes that you need to know and one that none of us expected to see! Rule Synopsis: Fannie Mae announces an update to their newest DU Version: DU Version 10.3. The changes announced in this release will [...]

2019-06-07T10:43:05-05:00June 10th, 2019|

USDA-Rule Update Alert!

By: David Hail, Staff Writer Rule Synopsis: The Single Family Housing Guaranteed Loan Program suspended the requirement of Internal Revenue Service (IRS) Form 4506-T for all adult household members until further notice.  The suspension is effective December 21, 2017 and applies to all final GUS and manually underwritten loan submissions to USDA. Supporting Resource: USDA-Suspension [...]

2018-06-01T13:05:07-05:00February 9th, 2018|