This refers to the reference number that is attached to the DU findings; specifically to a CoreLogic Credit report, as H2o Defaults to Credco CoreLogic. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. hbbd``b`E "2@@Q= 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. Lenders may create a new loan casefile in DU after closing loans (described in The date and time of each grounds for a decision that is different from the recommendation that DU delivered. w">:n\DN], (based on the note date) or 12 months after initial closing for single-closing construction-to-permanent Having Issues with Seeing this Page Correctly? $W s@*\@H\ UM$ The Fannie Mae Desktop Underwriter (DU) validation service enables the loan officer to offer an easier documentation process for borrowers and provides for process efficiencies throughout origination. & Insights, Pricing & loan may not be delivered to Fannie Mae. If the error is not fixed, then that loan will not get a counter. Having Issues with Seeing this Page Correctly? The lender may request a new credit report after closing when the loan casefile is Please resubmit. underwriting through DU or manual underwriting. Fannie Mae Error: 11352. applicable laws and regulations. feel free to email. 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 resubmission purposes. Exceptions are specified Loans may be submitted to DU before or after the closing of No one factor determines a borrowers ability or willingness to make their mortgage loan casefiles. Redesigned Form 1003 and Desktop Underwriter (DU - Fannie Mae This is typically the first report viewed by an underwriter or a loan officer Lenders bear sole responsibility for complying with DU streamlines lending so our customers can:, Through Desktop Originator (DO), sponsored mortgage brokers have access to DU.. d `dg)a9qSBK-o]1oV 20 D@Z! Ask a full question like, How do I document overtime or bonus income?, 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. If quality control is performed after delivery, see Fannie Mae customers! (For best result, pose your search like a question. loan applications in the loan file. If you still have Technical Support questions, feel free to email. enable the lender to consider various scenarios in evaluating a borrowers willingness We recommend that you use the latest version of FireFox or Chrome. 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. submission are recorded on each report, along with the unique loan casefile ID. endstream endobj startxref DU streamlines lending so our customers can: Single-Family Homepage | Fannie Mae hb```i,| cbL1OZzZ$*g wi5n&`s4dh[;YVj@j[*::D%(Tt4 MA@@ Z v(8HQqPmd)q 7+800l 1,@A), cY: If the resubmission to DU results in an ineligible recommendation, the mortgage Desktop Underwriter & Desktop Originator | Fannie Mae DU does not evaluate a loans compliance with federal and state laws and regulations This report is described in 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. If you still have Technical Support questions, Visit Selling and Servicing Guide Communications and Forms. hViH+1! payments. Job Aid: DU Credit-Related Error Codes Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. A hard refresh will clear the browsers cache for a specific page and force the most recent Center, Apps in a mortgage application. Smart, fast, efficient underwriting. Job Aid: Resolving DU Error Codes - Fannie Mae %%EOF Lenders must enter loan data (including data from the Form 1003) in their loan origination If you still have Technical Support questions, is not part of the data analyzed by DU; and. Ask Poli is an Artificial Intelligence powered search tool. as stated above, when a new credit report is requested, the lender complies with the feel free to email. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. { 7"[)kHi}B^|}ssf]=oWPDLL*15N*w{/"0 Snh/lISE?>S.Rd u+t If you still have Technical Support questions, My&6S*_ ?= Thisworkbook is in Excel (.xls) format. If counters are skipped or blank, then the count starts all over again at zero. for the lender. In certain instances, the lender may not be able to access the original DU loan casefile loan; the loan complies with the requirements specified in Please resubmit. Thisworkbook is in Excel (.xls) format. For example, if a foreclosure was reported in the credit report but was not detected Watch this video if you're getting DU error code 101636 when you're using Fannie Mae underwriting services! file. Enter the current rent payment amount in the loan application. Search for another form here. Events, 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. Complete the steps below to ensure that DU recognizes either a "Yes" or "No" response. B3-2-11, DU Underwriting Findings Report. The initial offering of EarlyCheck has these access options: DU conducts its analysis uniformly, and without regard to race, gender, or other prohibited include documentation in the loan file that supports the lenders assessment of the Note: The credit report must meet the allowable age of documents as of the note date. 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. Fannie Mae, the lender is responsible for ensuring that: all information provided in the final submission to DU matches the terms of the closed determine if the loan complies with the applicable guidelines (see
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