We have been named winner of four awards by international financial trade publication, GlobalCapital.
As of May 22, lenders may start delivering ULDD Phase 3 data (non-HMDA). Plus, UCD Casefile ID validation edits will be introduced July 24.
We have reduced the fee for the Streamlined Project Eligibility Review Service review of established condo projects from $1,000 to $500.
As of May 20, lenders may begin delivering a portion of the ULDD Phase 3 data; several new and modified edits were also implemented.
Join Fannie Mae for a live webinar that will provide an open forum for lenders to ask questions related to Fannie Mae collateral policy.
A clarification of effective dates for a prior foreclosure allowable increase has been made to the Hawaii AAA Matrix. To view the updated matrices, visit the Excess Attorney Fee/Cost Guidelines page.
During the weekend of June 24, DU for government loans will be updated to support FHA-related changes, as well as several other messaging and logic updates.
This update helps to simplify servicing and make it easier to do business with Fannie Mae. Updates include alignment with Consumer Financial Protection Bureau mortgage servicing rules; simplified escrow waiver evaluations; revised post-bankruptcy mortgage loan modification incentive fee calculations and Form 629 submission timelines; and improved review process for servicers involved with agreements with government insurers or guarantors.
During the weekend of July 22, EarlyCheck Version 5.3 will feature new edits to validate UCD submissions. EarlyCheck will also accept the updated RLD file format in support of the new HMDA data.
Together, we're bringing the fully digital mortgage closer to reality.
Our proposed Underserved Markets Plan, required under the Duty to Serve rule, is now available for review and public comment.
Join us for an Investor Reporting webinar (May 9 or May 16) to learn reporting best practices and ask questions about the process.
This Exhibit provides the new Fannie Mae Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications, excluding Fannie Mae HAMP Modifications.
Read more about our first quarter 2017 financial results in our news release, Form 10Q, and credit supplement.
HomeReady Overview for Loan Officers explains eligibility, income flexibilities, underwriting guidelines, and homeownership education requirements. Learn more.
The following updates were made in April: new solutions for borrowers with student loan debt; project review waivers for certain Fannie Mae to Fannie Mae limited cash-out refinances; simplification of some cash-out refinance policies; and more.
The Selling Guide has been updated to waive project eligibility reviews on Fannie Mae to Fannie Mae limited cash-out refinances for condos and PUDS.
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.
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.
The April 2017 Appraiser Quality Monitoring (AQM) list has been posted on the Appraiser Quality Monitoring page.
Includes changes, scheduled for May 20, in support of HomeSaver Solutions Network (HSSN) support of flex modification functionality and short sale and mortgage release (deed in lieu) general upates.
This course explains a four step process to manage loss mitigation. Updated with the current Loan Workout Hierarchy and resources to help you get the best possible outcome for your borrower and Fannie Mae.
This course is designed for servicers, specialist and anyone new to the mortgage industry. Brush-up on the mortgage life cycle and administrative tasks associated with the mortgage loan.
Effective April 30, LoanSphere Invoicing will feature new line item mapping capabilities, auto-population of referral date for foreclosure attorney fee, PSR updates, and more.
This update simplifies our requirements, manages risk, and responds to industry feedback. Updates include revisions to Servicing Guide B-5-01 and Form 176; instruction to servicers who engage with third-party vendors; clarification to the maximum allowable foreclosure attorney fees; and inclusion of clearboarding in property preservation descriptions and expenses.
Visit us at the MBA's National Secondary Market Conference & Expo April 30 to May 3 to see how we're transforming the borrower experience with dynamic solutions.
Our first issue covers Day 1 Certainty, including Property Inspection Waivers (PIWs) and certainty on appraised value, Collateral Underwriter (CU) stats, and Selling Guide updates relevant to appraisers.
This self-paced course is designed for servicers and anyone new to the mortgage industry. Brush-up on the mortgage life cycle and administrative tasks associated with the mortgage loan.
The GSEs announced additional details regarding ULDD Phase 3, outlining the mandate timeline, new and revised data requirements, and guidance on HMDA data delivery.
The Selling Guide has been updated to reflect policy clarifications for the Desktop Underwriter (DU) validation service and certainty on appraised value components of Day 1 Certainty.