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  • In Case You Missed It
    Provides a summary of Selling Guide and policy related communications and updates.

Recent News

  • Coming soon! Expense reimbursement dashboard enhancements new

    Several exciting updates are coming including an Exception Analysis which may identify opportunities for increased auto-approval and payment rates, as well as updates to the IRT and Excess Fees and Costs tabs. We’ll let you know when the enhanced dashboard is ready.

  • Selling Notice in support of SOFR ARM framework new

    We have issued a Selling Notice in support of a SOFR ARM plan for newly originated ARM loans.

  • Servicing Guide Updates new

    July updates simplify our escrow waiver policy, clarify requirements for compliance with Office of Foreign Assets Control (OFAC) regulations, and more.

  • Malloy Evans: Key Updates in Latest Servicing Announcement (July 10, 2019) new

    Single-Family Chief Credit Officer, Malloy Evans, offers an executive overview of the latest Servicing Guide Announcement.

  • Fannie Mae Modification Interest Rate Adjustment Update new

    This Exhibit provides the new Fannie Mae Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications.

  • Selling Guide Updates

    July updates implement changes related to HomeReady income limits, clarify requirements for compliance with Office of Foreign Assets Control Regulations, simplify requirements for signed IRS Form 4506-T, update our definition of relocation loans, remind lenders of our disaster policies, and more.

  • Key Selling Announcement SEL-2019-06 Updates

    For a summary of key updates in this Selling Guide announcement, view the executive overview provided by Malloy Evans, Chief Credit Officer for Single-Family.

  • Appraising Properties with Solar Panels

    Watch our new video to find out differences between appraising properties with leased or owned solar panels, how to determine if the panels are real property or personal property, and more.

  • UCD Resubmission Requirements and Guidelines

    Freddie Mac and Fannie Mae (the GSEs) provide guidance on resubmission of UCD data when changes or corrections have been identified.

  • June 2019 AQM List Posted

    The June 2019 Appraiser Quality Monitoring (AQM) list has been posted on the Appraiser Quality Monitoring page.

  • Appraisal waiver eligibility change

    Effective June 22, 2019, the borrower name no longer needs to match the name on a prior appraisal for a refinance transaction to be eligible for an appraisal waiver offer. This policy change will be reflected in the next Selling Guide update in August.

  • Updates to the PPA Data Change Rules Matrix

    The PPA Data Change Rules Matrix was updated on 6/18/2019. In this update, documentation requirements were streamlined for certain data attributes and new attributes were added for First Time Home Buyer and Monthly Housing Expense, including documentation requirements supporting those attributes. Reference the Post-Purchase Adjustments page for additional resources on PPAs.

  • URLA optional use period postponed

    At the direction of the Federal Housing Finance Agency, Fannie Mae and Freddie Mac are communicating that the optional use period for the redesigned Uniform Residential Loan Application (URLA) form and corresponding datasets will not begin on July 1, 2019, as previously scheduled.

  • Servicing Guide Updates

    June updates simplify our requirements for release of property requests, clarify investor reporting requirements, and more.

  • Malloy Evans: Key Updates in Latest Servicing Announcement (June 12, 2019)

    Single-Family Chief Credit Officer, Malloy Evans, offers an executive overview of the latest Servicing Guide Announcement.

  • Ask Poli Now Available in LSDU

    LSDU users now have immediate access to Ask Poli, our self-service online resource for Selling and Servicing Guide inquiries and now, LSDU insights, right within the workflow.

  • Lender Letter LL-2019-06, Upcoming HomeReady and Desktop Underwriter Updates

    We announced upcoming changes to HomeReady income limit policies and Desktop Underwriter that will be effective July 20, 2019.

  • Selling Guide Updates

    June updates implement changes related to tax reform legislation, update requirements for acceptable title insurers, simplify Uniform Residential Loan Application (URLA) (Form 1003) requirements, provide guidance on the purchase of certain LIBOR ARM loans, and introduce a new special feature code for delivery of loans with remote notarization.

  • Key Selling Announcement SEL-2019-05 Updates

    For a summary of key updates in this Selling Guide Announcement, view the executive overview provided by Malloy Evans, Chief Credit Officer for Single-Family.

  • Guidance on federal private flood insurance rule

    We’ve issued a Notice related to a new federal private flood insurance rule, applicable only to depository institutions, effective July 1.

  • MH Advantage Overview Webinar

    With Fannie Mae's innovative MH Advantage offering, designated manufactured homes (MH) designed with features similar to site-built homes are now eligible for financing terms more consistent with standard conventional loans. Join us for an overview of MH Advantage mortgages to see how our new offering fits into your portfolio.

  • Quality Assurance System retires on June 30

    The Quality Assurance System will no longer be in use starting June 30. All loan file reviews and requests will take place in Loan Quality Connect.

  • AMN June Release Notes Now Available

    During the weekend of June 8, 2019, Fannie Mae will implement Release 25.1, which includes changes and enhancements to Asset Management Network (AMN) HomeSaver Solutions Network (HSSN). Please review the release notes for additional details.

  • Upcoming DU Validation Service Maintenance

    The DU validation service will be unavailable between 9:00 p.m. ET on Friday, June 7 and 12:00 a.m. ET on Saturday, June 8. Lenders should submit casefiles to DU before or after this time period to receive income, employment and/or asset validation.

  • Check out the DU Validation Service Resource Center

    This website was created to help loan officers and others in front-line lender roles get started with and use the Desktop Underwriter® (DU®) Validation Service. Click to access the Jump Start Series, an interactive sample workflow, borrower FAQs, and more.

  • Reduced PERS fees

    Several Project Eligibility Review Service fees have been reduced and others have been removed.

  • HCO Data Extract Tool Webinar

    Watch the detailed steps on how to extract your data from HCO here. Note: webinar content will begin a few minutes in.

  • New SMDU UI Training Courses Available

    Learn how you can use the SMDU UI to evaluate loans for a variety of loan modification programs, short sales, Mortgage Release, and perform case management activities. Each course is 10 minutes or less and will teach you how to Evaluate for a Workout, Record Trial Payments, Close a Case and many other functionalities.

  • DU for Government Notification

    VA has announced policy updates to various chapters of their Lenders Handbook, VA Pamphlet 26-7, with effective dates. If updates to Desktop Underwriter (DU) are required, we will include changes in a future release.

  • ULDD Phase 3 Announcement

    Fannie Mae and Freddie Mac (the GSEs) are providing an update to Phase 3 of the Uniform Loan Delivery Dataset (ULDD), as a follow up to our January 10, 2019 announcement. The GSEs are clarifying updates to existing ULDD data points, as described below.