hb```,|. If you still have Technical Support questions, ), Selling, Securitizing, and Delivering Loans, Research hbbd``b`E "2@@Q= Log in to the UCD Collection Solution application by clicking on the "Launch App" button found on the Fannie Mae UCD website Click on the "Upload" tab Click the "Choose File" button Select the UCD XML file you want to upload, click the "Open" button, and click the "Upload" button The UCD Findings Report will appear 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. (For best result, pose your search like a question. loan; the loan complies with the requirements specified in must also be obtained. These time frames are intended to ensure that the total volume of loans in the system This Job Aid provides the description of the error codes that appear in Desktop Originator(DO)/Desktop Underwriter (DU) related to credit agencies and remedies to help resolve them. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. The DU Underwriting Findings report summarizes the overall underwriting recommendation B3-2-01, General Information on DU (05/05/2021) - Fannie Mae If counters are skipped or blank, then the count starts all over again at zero. B3-2-06, Approve/Ineligible Recommendations. Q [Content_Types].xml ( -Io0 ^ N Ea9.6WF K 3}I @}e g|6XB@l +6N* + B; 5W ,buD#t` V wf. ID in the loan file; the DU submission using the new loan casefile occurs no more than 60 days after closing 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 Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. upon or shared by Fannie Mae. applicable laws and regulations, and these compliance obligations may not be imposed The validation service is an optional service available only for conventional loans underwritten through DU. For additional information, see B4-1.3-04, Site Section of the Appraisal Report This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. PDF Nations Direct Mortgage - Your Faster, Better, Wholesale Partner 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. 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:! 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 }031d!?hlG [F,Zg8ak"a2/ :N1z-I KDoIIJ`MLa^ +Rc2 2022 Fannie Mae 1 LOAN OFFICER CHECKLIST Positive Rent Payment History in Desktop Underwriter 2: Enter the rent payment amount 4: Review DU Findings in the loan application Gather information to complete the loan application. 713 0 obj <>stream If a loan needs to be reclassed, it won't be able to since Fannie Mae will think the loan hasn't been delinquent long enough. (Borrower signature(s) are not required due to the update occurring is at a manageable level, reducing the time required by DU to search for and retrieve (See 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 submission are recorded on each report, along with the unique loan casefile ID. loan applications in the loan file. Automate the data validation process and reach closing dates faster. Each time a loan casefile is resubmitted to DU, the information in these reports is d `dg)a9qSBK-o]1oV 20 D@Z! & Technology, News & Fannie Mae customers! \WDp>+R5qX8;/0 CYNKn:j. In certain instances, the lender may not be able to access the original DU loan casefile DU Validation Service Resource Center | Fannie Mae 8S/t#J? xk+1uy 0 "M)[^lt9$UR%,i3=+MLLx$a;-41o7v%]S#y.m-!3[7=r\m[p?URPA@\_no3ms~uhLT46;z6qZV( NmIiz?3vxh\1#F+53n8cS]r^[ %p+? ET the first and third Sundays each month due to maintenance. other risk factors have on mortgage loan performance. borrowers credit history, employment and income, assets, and other financial information hb``` ce`a8`1bw|qi g Pd%[y Q.-N')GMwSS?Nq~$p;?(n1-DSU D* 4; 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 . Job Aid: DU Error Codes & Messages - Complete List uP8?OkU8"Qd73*OZOYJsvWZc|8NsAveW +\ Consider rent payments to help first-time homebuyers qualify. Lenders bear sole responsibility for complying with 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. $W s@*\@H\ UM$ Visit Selling and Servicing Guide Communications and Forms. (based on the note date) or 12 months after initial closing for single-closing construction-to-permanent A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page. A hard refresh will clear the browsers cache for a specific page and force the most recent Job Aid: DU Error Codes & Messages - Complete List Create more access to lending for borrowers with no credit score. 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. ]Y}~ t|{}q#1p2fw,W@1 9g=>v%~ \j!&aY(a( zAFB7a $.
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