DU may be unavailable from 9:30 p.m. to 11 p.m. ET Sunday, Sept. 24.
Property Inspection Waivers: Disaster Reminder
Loans in process that will be secured by properties located in a disaster-impacted area are ineligible for property inspection waivers (PIWs). We periodically update our systems to deactivate PIW offers in certain disaster-impacted areas that can identified by county or ZIP Code boundaries, but we are unable to identify and de-activate PIW offers on all properties that may have been impacted by a disaster. For more information, view the PIW FAQs and the Assistance in Disasters page.
Effective Saturday, Aug. 19, Desktop Underwriter will update Property Inspection Waiver offers to include some purchase transactions.
The July Selling Guide update includes policy changes to align with DU version 10.1, which allows more borrowers to received an Approve/Eligible with DTI ratios 45 to 50%, aligns the maximum LTV ratio for ARMs with fixed-rate up to 95%, and simplifies the risk assessment and messaging for loan casefiles with disputed tradelines.
Trended credit data is now being used in DU.
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