Fannie Mae is committed to partnering with lenders to increase certainty of loan eligibility. Through a shared commitment to quality control, we can improve loan quality and minimize repurchase risk.
We have clarified that lenders no longer need to obtain a borrower-signed IRS Form 4506-T for QC purposes when all of their income is validated through the DU validation service.
The February 2017 Appraiser Quality Monitoring (AQM) list has been posted on the Appraiser Quality Monitoring page.
See how Day 1 Certainty gives lenders freedom from representations and warranties plus greater speed and simplicity, and enables an improved borrower experience.