PIW

Fannie Mae – FAQs for Appraisal Waivers – Dated June 24, 2019 – NEW MTP™ – Fannie Mae Properties Eligible for Appraisal Waivers

Written By: Lloyd Rutherford, Staff Writer Appraisal waivers are fantastic if your file qualifies for them! Keep up to date with this most recent FAQ from Fannie Mae on this subject. Rule Synopsis: Fannie Mae has updated their FAQ document for appraisal waivers. Interpretive Comments: I think we can all agree that any advance we [...]

2019-07-09T11:34:21-05:00July 10th, 2019|

Fannie Mae – Multiple FAQ’s: DU/DO 10.3 – Dated December 17, 2018; Appraisal and Property-Related FAQs – Dated December 2018; and FAQs for Appraisal Waivers – Dated December 4, 2018 [UPDATED Chart – Fannie Mae – DU Tolerance Table]

Written By: Lloyd Rutherford, Staff Writer FAQs are great documents to provide clarification in the guidelines.  In this update we review the new FAQs for the latest DU/DO update and appraisal waivers.  Both are need-to-know for anyone involved in the front-end process. Rule Synopsis: Fannie Mae updated two of their FAQ documents for appraisal-related topics [...]

2019-01-10T08:44:42-05:00January 10th, 2019|

Manufactured Homes with Higher-Pitched Rooflines, Attached Carports, Dormers and More?  Yep!  Fannie Mae’s new MH Advantage program works with builders to accomplish this.  Let’s talk, as this may be a good option for a great new home!

Written By: Lloyd Rutherford, Staff Writer We are loving that Fannie Mae is now publishing appraiser updates as there are always a lot of questions about appraisals and collateral.  Read our expert’s interpretation of what you need to know to stay up to date! Rule Synopsis: Fannie Mae publishes their second Appraiser Update in their newsletter [...]

2018-10-10T09:57:30-05:00October 10th, 2018|

Fannie Mae Selling Guide Announcement SEL-2018-07 – Dated September 4, 2018

Written By: Lloyd Rutherford, Staff Writer Fannie Mae has some exciting news about Property inspection waivers that will serve many of you well.  In addition, there are condo updates that you need to read through to keep up to date. Rule Synopsis: Fannie Mae is updating their selling guide for a variety of topics. This [...]

2018-09-10T11:24:22-05:00September 9th, 2018|

Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes – DU Findings Report Re-Design Update – Dated August 28, 2018 – Effective September 22, 2018.

Written By: Lloyd Rutherford, Staff Writer Life is always better when the technology that you must use each day makes things easier.  Well, Fannie Mae manages to do that with this exciting new release.  Read through this update to get prepared for a little nicer day! Rule Synopsis: Fannie Mae announces the newest DU Version [...]

2018-09-10T11:24:57-05:00September 9th, 2018|