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February 2017 AQM List Posted
The February 2017 Appraiser Quality Monitoring (AQM) list has been posted on the Appraiser Quality Monitoring page.
Enhanced DU Validation Service Messaging with DU/DO Update
Describes updates to DU scheduled for the weekend of March 25, 2017, including changes to the DU validation service income calculations, as well as income and employment message updates.
New Day 1 Certainty eLearning
Three new elearning courses provide detailed information to help lenders take advantage of Day 1 Certainty offerings.
EarlyCheck Version 5.1.2 Release Coming April 1
Introducing several new and modified edits will be implemented pertaining to credit eligibility and Day 1 Certainty.
Collateral Underwriter Version 4.1 Release Notes
Includes an update to Property Value Representations and Warranties, as well as enhancements to the new CU user interface (CU Classic view will not be impacted) scheduled for the weekend of March 25, 2017.
Key Selling Announcement SEL-2017-01 Updates
For a summary of key updates in this Selling Guide Announcement, view the executive perspectives video presented by Jude Landis, Vice President, Credit Policy, and/or the executive overview provided by Carlos Perez, Chief Credit Officer for Single Family.
DU/DO Version 10.0 February Update
Describes changes to the income, employment, and asset messages returned by the DU validation service scheduled for the weekend of Feb. 25, 2017.
Selling Guide Updates
The following updates were made in January: clarifications and updates to several appraisal policies; updates to confidentiality of information and data breach guidelines; changes to seller/servicer financial eligibility requirements; removal of duplicative content in the Selling Guide and Servicing Guide; and other miscellaneous updates.
EarlyCheck Version 5.1.1 Release Coming March 11
Introducing severity modifications for the new credit eligibility edits.
Updates to Fannie Mae-Approved Mortgage Insurers
This Lender Letter announces that Fannie Mae has approved the acquisition of United Guaranty Corporation and its affiliates by Arch Capital Group Ltd.
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