Effective Saturday, Nov. 18, Desktop Underwriter 10.0 and 10.1 will be updated to underwrite loan casefiles when a borrower
has placed a freeze on their credit report at only one of the three credit repositories.
During the weekend of Dec. 9, we will implement CU version 4.2, which will add advanced functionality currently available
only in classic CU to the new layout of CU. Lenders will also be able to give their MI risk partners access to appraisal-specific
A Spanish version of our customizable Condo Buyer's Guide is now available in our Marketing Center. You can add your logo
and contact information and provide an online or print-ready version to potential condo buyers.
The following updates were made in September: property inspection waivers are now offered on some purchase transactions; lenders
must electronically submit UCD borrower data and Closing Disclosures, but a six-month transition period applies before warnings
become fatal; DU Refi Plus and Refi Plus options are extended through Dec. 31. 2018.
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 the executive overview provided by Carlos Perez, Chief Credit Officer for Single Family.