Radian Timely Topics: Fannie Mae Updates Positive Rent Payments, Credit Score Eligibility & More
Effective September 18th, Fannie Mae will implement several new Desktop Underwriter® (DU®) changes that may have a direct impact on the loans in your pipeline. Our new Timely Topics video can assist you in preparing for these changes.
This short video will help you:
• Understand the new Positive Rent Payment History impact
• Evaluate the new Credit Score Eligibility requirements
• Identify new fields and updates to the URLA
Fannie Mae DU Version 11.0 September Update: https://singlefamily.fanniemae.com/media/28331/display
Positive Rent Payment FAQs: https://singlefamily.fanniemae.com/media/28796/display
Fannie Mae Selling Guide Announcement: https://singlefamily.fanniemae.com/media/28876/display
Fannie Mae DU Page: https://singlefamily.fanniemae.com/applications-technology/desktop-underwriter-desktop-originator
Fannie Mae Guidance: https://www.fanniemae.com/newsroom/fannie-mae-news/fannie-mae-introduces-new-underwriting-innovation-help-more-renters-become-homeowners