FHA Loan Articles

CoreLogic integrates with Fannie Mae’s DU for Day 1 Certainty

CoreLogic announced that its 4506-T income verification product has fully integrated with Fannie Mae’s Desktop Underwriter platform (UD) to provide Day 1 Certainty service. In November 2016.

Finicity is also an authorized, integrated provider of asset verification reports within Fannie Mae’s Desktop Underwriter® (DU®). This gives lenders a validated asset report through Fannie Mae’s Day 1.

. in a pilot with Fannie Mae to become an eligible asset verification report supplier for the DU® validation service, part of Fannie Mae’s Day 1 Certainty offerings. Fannie Mae’s new Day 1 Certainty.

Fannie Mae upgrades their Day 1 Certainty services and introduced new solutions that will simplify the process and lower its costs. The upgrade also promises to increase customer certainty and make the housing finance system stronger and safer. fannie mae President and CEO, Timothy J. Mayopoulos, spoke about the upgrade in a press release.

The Maxwell Verification Suite delivers a streamlined borrower experience to verify assets, income, employment and tax transcripts, all provided by Day 1 Certainty approved verification suppliers for.

Freedom from Representations and Warranties: Day 1 Certainty gives lenders freedom from representations and warranties for validated loan components plus greater speed and simplicity, and enables an improved borrower experience. "We are extremely pleased to be participating in Fannie Mae’s DU verification service.

let’s play catch up with what has crossed my desk recently with vendor (most of which wouldn’t exist without the internet) news. Conventional Conforming. already available through Day 1 Certainty.

Make Better Lending Decisions – Faster. As an Authorized Report Supplier for Day 1 Certainty from Fannie Mae, DataVerify provides complete verification services – including verification of employment (VOE), verification of income (VOI), and 4506-T tax transcripts – through the Fannie Mae Desktop Underwriter (DU ) validation service.

Mortgage interest rates push higher on market volatility If you’ve been distracted by the federal shutdown, political dysfunction, stock-market volatility and reports of rising mortgage rates, it wouldn’t be surprising if you concluded: No way is.

existing Fannie Mae loans. DU determines if the borrower(s) and subject property address on the loan casefile match an existing eligible Fannie Mae loan. A successful match is required in order for the loan casefile to be eligible for DU Refi Plus underwriting flexibilities. Program Expiration

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. in a pilot with Fannie Mae to become an eligible asset verification report supplier for the DU® validation service, part of Fannie Mae’s Day 1 Certainty offerings. Fannie Mae’s new Day 1 Certainty.

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