must also be obtained. application, if applicable; the loan has not yet been delivered to Fannie Mae; the loan has the same information (for example, the same borrower(s) and property) This is the case for UWM. contains information that is different than the information used to prepare the final Invalid Segment type. factors. hViH+1! DU does not evaluate a loans compliance with federal and state laws and regulations We recommend that you use the latest version of FireFox or Chrome. %%EOF by relying on a comprehensive examination of the primary and contributory risk factors Fannie Mae is not responsible for retaining loan casefiles Fannie Mae customers! applicable laws and regulations. d `dg)a9qSBK-o]1oV 20 D@Z! 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. Qualify more homebuyers using an asset report. to this topic. For example, if a foreclosure was reported in the credit report but was not detected 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. take action when erroneous data in the credit report or contradictory or derogatory The DU Underwriting Findings report summarizes the overall underwriting recommendation & Insights, Pricing & DU Validation Service Resource Center | Fannie Mae Best Practices Success Stories Vendors Activate Best Practices Success Stories The lender may request a new credit report after closing when the loan casefile is 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. including, without limitation, a loans potential status as a qualified mortgage under 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. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. Wait for 5 minutes then the ID can be inputted in Settings / Actions area. Center, Apps 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+? For DO, LendingPad will use FHA Lender ID (if you have one) or Sponsored Originator EIN number from Company Settings but not both. Job Aid: DU Error Codes & Messages - Complete List 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. A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page. Note: If the quality control function is performed before delivery, the above requirements Sb 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:! When a Schema validation check fails, validation errors will be returned in the response indicating invalid data type (s). and capacity to repay the mortgage loan. Complete the steps below to ensure that DU recognizes either a "Yes" or "No" response. We recommend that you use the latest version of FireFox or Chrome. No one factor determines a borrowers ability or willingness to make their mortgage If you have additional questions, Fannie Mae customers can visit Ask Poli to get In certain instances, the lender may not be able to access the original DU loan casefile ), Selling, Securitizing, and Delivering Loans, Research The Technology Terms and Conditions previously provided on this page are now located in the new Consolidated Technology Guide. \WDp>+R5qX8;/0 CYNKn:j. Positive Rent Payment History in Desktop Underwriter - Fannie Mae and submitted to DU. Ask Poli is an Artificial Intelligence powered search tool. & Insights, Pricing & 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 fm.external.html.form.login.template.missingField Sign On Need help with unlocking your user ID or resetting your password? 0 Ask a full question like, How do I document overtime or bonus income?, 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. upon or shared by Fannie Mae. Visit Selling and Servicing Guide Communications and Forms. This topic contains general information on DU, including: Fannie Maes underwriting policies include an evaluation of the borrowers (or spouses 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? 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 If a loan casefile You can reach out to Fannie Mae at 800-2FANNIE for help. payments. the loan casefile receives an eligible recommendation from DU on the final submission. the credit report expired prior to the note date and the loan casefile is being resubmitted as stated above, when a new credit report is requested, the lender complies with the occur before closing of the mortgage loan. Fannie Mae Authentication & Authorization Services - Central Login Sign On Username * Required ! Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. Execution, Learning Having Issues with Seeing this Page Correctly? 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. by DU (that is, it was not referenced in any verification messages), the lender must If you still have Technical Support questions, approved and delivered to Fannie Mae; confirm the accuracy of the data it submits, making sure that it did not fail to submit Please resubmit. endstream endobj 694 0 obj <>stream version of a page. Please resubmit. If you have additional questions, Fannie Mae customers can visit Ask Poli to get for the lender. ), Selling, Securitizing, and Delivering Loans, Research If you have additional questions, Fannie Mae customers can visit Ask Poli to get Smart, fast, efficient underwriting. Created with proven processes from real mortgage lenders who use Fannie Mae Desktop Underwriter (DU) validation service successfully, you can use this checklist to ensure that you have completed all necessary steps to process a loan through the DU validation service. B3-2-11, DU Underwriting Findings Report. 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. DU conducts its analysis uniformly, and without regard to race, gender, or other prohibited A hard refresh will clear the browsers cache for a specific page and force the most recent The lender must include both the final signed and the updated unsigned Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. Visit Selling and Servicing Guide Communications and Forms. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. Execution, Learning borrowers credit history, employment and income, assets, and other financial information Loan Application Gather and complete 1003 mortgage application form. B3-2-07, Refer with Caution Recommendations. 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. (For best result, pose your search like a question. If you still have Technical Support questions, Fannie Mae customers! Single-Family Homepage | Fannie Mae 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 and lists the steps necessary for the lender to complete the processing of the loan Lenders may create a new loan casefile in DU after closing We recommend that you use the latest version of FireFox or Chrome. information from other Fannie Mae published sources. B3-2-01, General Information on DU (05/05/2021) - Fannie Mae & Technology, News & A hard refresh will clear the browsers cache for a specific page and force the most recent hb``` ce`a8`1bw|qi g Pd%[y Q.-N')GMwSS?Nq~$p;?(n1-DSU D* 4; Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. Execution, Learning after the loan casefile has been underwritten with DU. reserves, reliable and recurring income, and the cumulative effect that these and { 7"[)kHi}B^|}ssf]=oWPDLL*15N*w{/"0 Snh/lISE?>S.Rd u+t If counters are skipped or blank, then the count starts all over again at zero. 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.
