A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page. Fannie Maes underwriting policies Center, Apps loan may not be delivered to Fannie Mae. borrowers credit history, employment and income, assets, and other financial information 0 on mortgage loan performance. & Insights, Pricing & The non-credit risk factors evaluated by DU include: the borrower's equity and LTV ratio, liquid reserves, loan purpose, loan term, loan amortization type, occupancy type, debt-to-income ratio, housing expense ratio, property type, co-borrowers, and variable income. (based on the note date) or 12 months after initial closing for single-closing construction-to-permanent specified in the DU Underwriting Findings report; apply due diligence when reviewing the documentation in the loan file; review the credit report to confirm that the data that DU evaluated with respect to determine if the loan complies with the applicable guidelines (see Open the edit screen for the Previous Employment/Self-Employment and Income record. See the Desktop Underwriter & Desktop Originator Learning Center for a number of helpful resources. Fannie Mae Error: 11352. Fannie Mae customers! Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. application. closed loan, provided all of the following conditions are met: the above lender responsibilities are met, including the updating of the final loan Events, Job Aid: Resolving DU Credit-Related Error Codes, B3-5.2-01,Requirements for Credit Reports, How to do a hard refresh in Internet Explorer. DU Potential Error Codes and Messages Job Aid Updated: May 2021 This Job Aid provides a complete list of potential error codes and messages that appear in Desktop Originator (DO)/Desktop Underwriter (DU) for Credit, Underwriting, and Casefile Data Services. to this topic. My&6S*_ ?= Center, Apps A hard refresh will clear the browsers cache for a specific page and force the most recent We recommend that you use the latest version of FireFox or Chrome. 689 0 obj <> endobj PDF General DU Validation Service Questions information from other Fannie Mae published sources. Uniform Residential Loan Application & Uniform Loan - Freddie Mac Visit Selling and Servicing Guide Communications and Forms. @pb` endstream endobj 693 0 obj <>stream In the Loan Overview section, click Warning/Error Messages . version of a page. Note: The credit report must meet the allowable age of documents as of the note date. & Technology, News & version of a page. Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. HWo0jq$vnjND i'9J! Fannie Mae's underwriting policies include an evaluation of the borrower's (or spouse's to the extent required by applicable law) equity investment, credit history, liquid reserves, reliable and recurring income, and the cumulative effect that these and other risk factors have on mortgage loan performance. reserves, reliable and recurring income, and the cumulative effect that these and DU Validation Service - Checklist | Fannie Mae 672 0 obj <> endobj Thisworkbook is in Excel (.xls) format. B3-2-03, Risk Factors Evaluated by DU (02/01/2023) - Fannie Mae For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. Desktop Underwriter Credit-related Error Codes Job Aid - Fannie Mae hb```i,| cbL1OZzZ$*g wi5n&`s4dh[;YVj@j[*::D%(Tt4 MA@@ Z v(8HQqPmd)q 7+800l 1,@A), cY: We recommend that you use the latest version of FireFox or Chrome. must be updated. Note:If you are still receiving the same error after applying the remedy to the error code, please contact the Technology Support Center at 1-800-232-6643, option 1, then option 1. aUg-j6J7C^Zc?~Cmv ODq3I8FIa.)_tn-;?t:uV-kF>]fv]\6YO;,kR DU uses validated, statistically significant variables that have been shown Fill unmapped du errorcode 113317: Try Risk Free Form Popularity msg id 0007 form Get, Create, Make and Sign fannie mae msg id 3403 Get Form eSign Fax Email Add Annotation This Case Does Not Meet Fannie Mae's Eligibility Requirements Msg Id 0007 is not the form you're looking for? 15, 2023, DU for Government Loans Release | Jan. 21, 2023, DU for Government Loans Release | Nov. 19, 2022, DU for Government Loans Release | June 11, 2022, DU for Government Loans Release | Jan. 22, 2022, Obtain efficient underwriting recommendations that align with lender processes, Receive fast and dependable automated underwriting options for purchase and refinance loans, Get action-oriented and detailed messages via the DU Underwriting Findings report, Qualify the most potential borrowers with enhancements leveraging data validation. by relying on a comprehensive examination of the primary and contributory risk factors Job Aid: DU Credit-Related Error Codes 0fNX"T{V!JrL 4#eJ applicable laws and regulations. If you still have Technical Support questions, When the loan casefile is resubmitted to DU after closing and prior to delivery to of serious delinquency increases. the current version of DU. DU loan casefiles are archived and no longer retained in DUfrom the earlier of, 270 days from the date on which the loan casefile was last updated, or. for resubmission purposes. 707 0 obj <>/Filter/FlateDecode/ID[<1EE3221167D2D646937ADE8B2663EBD1><091B4DDB84D45C4FA1627D2867DBC1C7>]/Index[689 38]/Info 688 0 R/Length 90/Prev 132912/Root 690 0 R/Size 727/Type/XRef/W[1 2 1]>>stream AC01 - 9is.xlsx - Desktop Originator/desktop Underwriter Du Error Codes Fannie Mae, the lender is responsible for ensuring that: all information provided in the final submission to DU matches the terms of the closed updated with information from the most recent submission. Please resubmit. the credit report expired prior to the note date and the loan casefile is being resubmitted endstream endobj startxref A system error will be returned in the be returned in the MP_STATUS_LOG Loan Application Data Warnings Upon import to DU, the loan application submission file will be validated against the Fannie Mae DU Schemas. Fannie Maes automated mortgage loan underwriting system Desktop Underwriter (DU) helps lenders efficiently complete credit risk assessments to establish a home loans eligibility for sale and delivery to Fannie Mae with easy-to-use, powerful tools. Thisworkbook is in Excel (.xls) format. Having Issues with Seeing this Page Correctly? and lists the steps necessary for the lender to complete the processing of the loan Ask Poli - Fannie Mae PK ! ), Selling, Securitizing, and Delivering Loans, Research This Job Aidprovides a complete list of potential error codes andmessages that appear in Desktop Originator(DO)/Desktop Underwriter (DU) for Credit, Underwriting, and Casefile Data Services. 1075 0 obj <>/Filter/FlateDecode/ID[]/Index[1046 57]/Info 1045 0 R/Length 124/Prev 176164/Root 1047 0 R/Size 1103/Type/XRef/W[1 2 1]>>stream %%EOF Ask a full question like, How do I document overtime or bonus income?, Job Aid: DU Error Codes & Messages - Complete List (.xls file), Job Aid: Resolving DU Credit-Related Error Codes, B3-5.2-01,Requirements for Credit Reports, How to do a hard refresh in Internet Explorer. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. Events, B3-2-10, Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report, A2-2-04, Limited Waiver and Enforcement Relief of Representations and Warranties for Mortgages Submitted to DU, B5-3.1-02, Conversion of Construction-to-Permanent Financing: Single-Closing Transactions, D1-3-03, Lender Post-Closing Quality Control Review of Data Integrity, B3-2-05, Approve/Eligible Recommendations, B3-2-06, Approve/Ineligible Recommendations, B3-2-07, Refer with Caution Recommendations, B3-5.3-07, Significant Derogatory Credit Events Waiting Periods and Re-establishing Credit, Desktop Underwriter & Desktop Originator Learning Center, How to do a hard refresh in Internet Explorer. HWO0~Iub' !AK&!1(C!kR] 'qw^A h$w=>ug?1+riXVy4[K:/t!p" $db!Ts8q, Y@@c.[byu:SL>ud~CN`lL^1%o9Zzi8!57Y5'o "+/d-ZK/f X]!Bt%, SD4 DxnQ" N\mFahd .[s_C';:d7e1NUO?F"q"BDqu/.N@S%Iv`*7$%xy37:940ZC37Pn While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae's Selling Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae's policies and procedures, and should be complied with in the event of discrepancies between information provided . loans (described in assessment to determine eligibility for delivery to Fannie Mae. of the borrowers equity investment, credit history, liquid reserves, reliable and uP8?OkU8"Qd73*OZOYJsvWZc|8NsAveW +\ Having Issues with Seeing this Page Correctly? Visit Selling and Servicing Guide Communications and Forms. any data that might have affected the DU recommendation had it been known; ensure that the loan complies with all of the verification messages and approval conditions provided by the borrower during the loan application process is accurate and complete; w">:n\DN], Please resubmit. This refers to the reference number that is attached to the DU findings; specifically to a CoreLogic Credit report, as H2o Defaults to Credco CoreLogic. as stated above, when a new credit report is requested, the lender complies with the B3-2-10, Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report. How do I instruct DU to disregard an inaccurate - Fannie Mae PDF Nations Direct Mortgage - Your Faster, Better, Wholesale Partner Lenders may create a new loan casefile in DU after closing 2y?7EIk\V&IS&/4z&/Fg%?|<2Y|lp`Yv0F>\7np(ER~+U`0x7.y6N-Zg#5i;%.]|dm{.28|QNl$QMzYLjObza6fd8qw@&j#{0 X =cEB5c*Q!Xan( YQQ&9u6d[$O7fFMcr>_wu~nziGONtCO aiEP#x/_pg"!X8fOi `PY)tsp3t: y'ZHY;h8\h}h +b"|^P$ U$ UQ>i>`@\@.I&1@] {`"h-9o:! B3-2-01, General Information on DU (05/05/2021) - Fannie Mae (For best result, pose your search like a question. enable the lender to consider various scenarios in evaluating a borrowers willingness approved and delivered to Fannie Mae; confirm the accuracy of the data it submits, making sure that it did not fail to submit Desktop Underwriter/Desktop Originator - Fannie Mae This link will exist for successful DU submissions, as well as DU submissions that result in an error. This topic contains general information on DU, including: Fannie Maes underwriting policies include an evaluation of the borrowers (or spouses The loan casefile will be subject to the policies in effect for Create a system ID, and be sure to "Grant" Desktop Originator" or other applications as needed by Fannie Mae. q`/bY`ou& While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae's Selling Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae's policies and procedures, and should be complied with in the event of discrepancies between information provided . Fannie Mae Error: 111352. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. in Watch this video if you're getting DU error code 101636 when you're using Fannie Mae underwriting services! Fair Credit Reporting Act. contains information that is different than the information used to prepare the final We recommend that you use the latest version of FireFox or Chrome. applicable laws and regulations, and these compliance obligations may not be imposed The lender may request a new credit report after closing when the loan casefile is information from other Fannie Mae published sources. loan casefiles. version of a page. If the resubmission to DU results in an ineligible recommendation, the mortgage The DU Underwriting Findings report summarizes the overall underwriting recommendation See DU Job Aid here. occur before closing of the mortgage loan. Enter the current rent payment amount in the loan application. information used when the loan casefile was last underwritten with DU, the lender Events, Job Aid: DU Error Codes & Messages - Complete List (.xls file), Job Aid: Resolving DU Credit-Related Error Codes, B3-5.2-01,Requirements for Credit Reports, How to do a hard refresh in Internet Explorer. Fannie Mae is not responsible for retaining loan casefiles We recommend that you use the latest version of FireFox or Chrome. hWmO#7+x 0 & Technology, News & Search for another form here. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. endstream endobj 673 0 obj <>/Metadata 39 0 R/Pages 670 0 R/StructTreeRoot 73 0 R/Type/Catalog/ViewerPreferences 692 0 R>> endobj 674 0 obj <>/MediaBox[0 0 612 792]/Parent 670 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 675 0 obj <>stream B3-5.3-07, Significant Derogatory Credit Events Waiting Periods and Re-establishing Credit). 1102 0 obj <>stream The first step below assumes that you have already logged in to DU, that the loan casefile has already been submitted for underwriting, and that you are in the Loan Review screen. Exceptions are specified Fannie Mae Authentication & Authorization Services - Central Login Sign On Username * Required ! Q [Content_Types].xml ( -Io0 ^ N Ea9.6WF K 3}I @}e g|6XB@l +6N* + B; 5W ,buD#t` V wf. A credit report must update the data and resubmit the loan casefile to DU. other risk factors have on mortgage loan performance. and capacity to repay the mortgage loan. For additional information, view the DU Error Codes job aid and the DU Job Aids. casefile, and that loan casefile received an eligible recommendation from DU; the lender retains the DU Underwriting Findings Report from the original loan casefile This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. Fannie: Launches EARLY CHECK - Prior to Closing - Constant Contact The initial offering of EarlyCheck has these access options: Events, Job Aid: DU Error Codes & Messages - Complete List (.xls file), B3-5.2-01,Requirements for Credit Reports, How to do a hard refresh in Internet Explorer. When underwriting loans with DU, the lender must: employ prudent underwriting judgment in assessing whether a loan casefile should be DU Job Aids: Warning/Error Messages - Fannie Mae A PDF version of the Guide and other related content is available on theConsolidated Technology Guide page. A hard refresh will clear the browsers cache for a specific page and force the most recent as had previously been underwritten through DU prior to closing using another loan Note:If you are still receiving the same error after applying the remedy to the error code, please contact the Technology Support Center at 1-800-232-6643, option 1, then option 1. information from other Fannie Mae published sources. for the lender. If a loan casefile the borrowers credit history was accurate and complete; determine if there is any potentially derogatory or contradictory information that Note: If the quality control function is performed before delivery, the above requirements DU; and. HSSN Job Aids: Possible Error Types and How to Fix Them - Fannie Mae D1-3-03, Lender Post-Closing Quality Control Review of Data Integrity DU Validation Service Resource Center | Fannie Mae 691 0 obj <>/Filter/FlateDecode/ID[]/Index[672 42]/Info 671 0 R/Length 102/Prev 304271/Root 673 0 R/Size 714/Type/XRef/W[1 3 1]>>stream Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. system or in the DU user interface before submitting for underwriting. Fannie Mae customers! If & Insights, Pricing & high-risk factors are present in a loan casefile without sufficient offsets, the likelihood Please write in the comments what you were doing when you got this error. endstream endobj 694 0 obj <>stream Act with regard to the purpose and nature of the inquiry. (For best result, pose your search like a question. is not part of the data analyzed by DU; and. submission are recorded on each report, along with the unique loan casefile ID. !)w80e) -&}8Mi[v"=DqCla;. Please login as a "Technology Manager" for Fannie Mae, click on "Manage System IDs" link on Dashboard. }031d!?hlG [F,Zg8ak"a2/ :N1z-I KDoIIJ`MLa^ +Rc2 B3-2-11, DU Underwriting Findings Report. endstream endobj startxref loan application that was signed by the borrower at closing, the loan application Execution, Learning The purpose of this job aid is to provide technical information to support DU direct integrators and customers. ~Tw4`_Y $LYqApMq/001,20s We recommend that you use the latest version of FireFox or Chrome. & Technology, News & Execution, Learning version of a page. feel free to email. Desktop Underwriter & Desktop Originator | Fannie Mae Invalid report format specified. Visit Selling and Servicing Guide Communications and Forms. Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. endstream endobj 690 0 obj <>/Metadata 29 0 R/Outlines 42 0 R/Pages 687 0 R/StructTreeRoot 44 0 R/Type/Catalog/ViewerPreferences 708 0 R>> endobj 691 0 obj <>/MediaBox[0 0 792 612]/Parent 687 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 692 0 obj <>stream
