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.
The Selling Guide has been updated to include new solutions for borrowers with student loan debt, project eligibility review waivers for limited cash-out refinances, the elimination of certain cash-out refinances restrictions, and more.
The April 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.