Tag: URLA

Fannie Mae – DU/DO Release Notes January 2021 Update – Dated November 18, 2020 – Effective January 16, 2021

Written by: Lloyd Rutherford, Staff Writer  Keeping up with the DU/DO messaging changes keeps you on top of your game.  The originator who knows how to properly submit information to DU/DO and interpret the messaging is the winner in the local competition game.  Make sure that you read these updates to stay informed of the […]

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USDA- SFH Guaranteed Loan Program to Begin Accepting the Redesigned URLA Form – GUS Impact

Written by: Tammy Butler, Publisher USDA Lenders – this is a must-read, with important dates and deadlines for the new GUS system and new residential loan application. Rule Synopsis: IMPORTANT DATES:  The New Guaranteed Underwriting System (GUS) will go live March 1, 2021. Legacy GUS will retire on February 27, 2021. Between now and close […]

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Fannie Mae Issues a “Readiness Checklist” for the redesigned URLA (1003) – Dated October 21, 2020

Written by: Lloyd Rutherford, Staff Writer Are you ready for the New Redesigned 1003?  Will lenders and our LOS systems be ready for the latest “live date”?  Read through this article to find out the latest on the much anticipated new 1003 loan application. Rule Synopsis: Fannie Mae issued a “Readiness Checklist” for the redesigned […]

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Fannie Mae and Freddie Mac Announce the Delay of the “Go Live” Date for New Redesigned 1003 – Dated April 14, 2020

Written by: Lloyd Rutherford, Staff Writer Here we go again! The timeline for the New 1003 has been revised due to the Pandemic.  Read through this article for important date changes. Rule Synopsis: Fannie Mae and Freddie Mac announce the delay of the “Go Live” date for mandatory use of the updated and redesigned URLA […]

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Fannie Mae and Freddie Mac Publish “Go Live” Date for New Redesigned 1003 – Dated January 29, 2020

Written by: Lloyd Rutherford, Staff Writer There have been a lot of changes and also changed effective dates for the new loan application.  Stay up to date on what changed…again…and what you should prepare for in the upcoming months. Rule Synopsis: Fannie Mae and Freddie Mac released the “Go Live” date for mandatory use of […]

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