Tag: summary of DU 8.0
Tighter underwriting guidelines effective today
Mortgage Industry bellwether Fannie Mae announced this morning that it has successfully implemented the latest version of it’s automated underwriting engine known as “Desktop Underwriter”. Fannie Mae is the largest purchaser and “securitizer” of mortgages in the United States. The new guidelines featured in this version of the software will make it more difficult for [...]
Posted: December 14th, 2009 under For Professionals, General Mortgage Info..
Tags: DU update 8.0, new underwriting guidelines Dec 2009, summary of DU 8.0, underwriting changes in December 2009
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