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.
The following updates were made in December: expanded the DU validation service to include assets and employment; introduced
relief from reps and warrants on property value for loans with Collateral Underwriter risk score of 2.5 or lower; discontinue
the Property Inspection Waiver fee for loans delivered to Fannie Mae on or after Jan. 1, 2017; clarified when lenders must
update appraisers of changes to a sales contract; and other miscellaneous updates.
Learn how to interpret the DU Underwriting Findings Report with the updated Overview course and the new Real Life Scenarios
follow up course. Both are available on the Originating & Underwriting Training page.