Since this applies to applications dated on January 1, 2009 or after, you have some time to get yourself prepared. Create a list of approved counseling services in your area. Find out who is doing the course on-line. And remember, if you have clients whose credit history is solely comprised of non-traditional credit, they MUST go to counseling, regardless of the type of loan program.
(Fannie Mae Announcement 08-25: Homebuyer Education and Counseling)
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