Effective July 2017, credit reports will no longer include most tax liens and civil judgments. There will be no impact to the DU risk assessment and recommendations. There will be no change to our current policy that requires judgments and liens to be paid off before or at closing.
Over the weekend of July 29, we will implement a Desktop Underwriter release that includes an update to the risk assessment and other enhancements.
Trended credit data is now being used in DU.
Have a question? Access the page below to contact the Technology Support Center for help.
Stay on course with upcoming news and timelines.