Selling Guide

Published December 4, 2019

B3-2-05: Approve/Eligible Recommendations (01/27/2015)

This topic contains information on Approve/Eligible recommendations.

Approve/Eligible Recommendations

The following table describes these recommendations.

Eligible for Fannie Mae’s limited waiver of certain mortgage loan eligibility and underwriting representations and warranties? Yes, as long as the mortgage loan satisfies the applicable requirements related to limited waivers as described in this Guide. (See A2-2.1-04, Limited Waiver and Enforcement Relief of Representations and Warranties for Mortgages Submitted to DU.)
Satisfies Fannie Mae’s credit risk standards/assessment? Yes
Satisfies Fannie Mae’s mortgage loan eligibility criteria? Yes
Eligible for delivery to Fannie Mae? Yes, if all approval conditions have been met.

Related Announcements

The table below provides references to the Announcements and Release Notes that have been issued that are related to this topic.

Announcements and Release Notes Issue Date
Announcement SEL-2015–01 January 27, 2015
Announcement SEL-2013–07 September 24, 2013
Announcement SEL-2012–07 August 21, 2012
DU Version 9.0 July 24, 2012
DU Version 8.0 September 22, 2009
Announcement 09-29 September 22, 2009