FHA Loan Articles

CoreLogic integrates with Fannie Mae’s DU for Day 1 Certainty

Black Knight Financial Services’ LoanSphere Empower and Exchange Technologies Are Powering Fannie Mae’s Day 1 Certainty With Direct Integration to DU Validation Services

CoreLogic announced that its 4506-T income verification product has fully integrated with Fannie Mae’s Desktop Underwriter platform (UD) to provide Day 1 Certainty service. In November 2016.

 · 4506-T Status Update in the Day 1 Certainty Program We are pre-approved and officially registered with Fannie Mae as a designated vendor in their Day 1 Certainty program for Income Validation with our 4506-T Tax Transcript Service. The on-boarding process is in motion, to be followed by a pilot and production phase.

 · DataVerify has announced the addition of Verification of Employment and Income (VOE/VOI) Authorized Reports for Day 1 Certainty from Fannie Mae. Lenders using Desktop Underwriter (DU) from Fannie Mae will now have access to DataVerify’s 4506-T IRS Tax Transcript Verifications and Verification of Employment and Income services through DataVerify Validation.

BUT with access to new technology and software your underwriting team can access in 2017, you will now be able to focus their efforts on the loans that need attention (IE loans that do not pass Fannie Mae Day 1 Waivers). Over the next few blogs I will break down what each component of Day 1 is to help you better understand.

Also in conjunction with MBA Annual, following the announcement that its employment and income verifications tools will be integrated with Fannie Mae’s Desktop Underwriter DU Validation Service..

CoreLogic Integrates with Fannie Mae to Provide Day 1 Certainty Service. For more information on how to participate in DU verification service and Day 1 Certainty, visit the CoreLogic DU.

Senate confirms new FEMA administrator Hoeven: Senate Confirms Brock Long as FEMA Administrator – Hoeven: Senate Confirms Brock Long as FEMA Administrator. Senator Pressed Nominee to Advance Flood Protection in ND, Ensure affordable flood insurance WASHINGTON – Senator john hoeven today issued the following statement after the U.S. Senate confirmed Brock Long as administrator of the Federal Emergency Management Agency (FEMA).

Make Better Lending Decisions – Faster. As an Authorized Report Supplier for Day 1 Certainty from Fannie Mae, DataVerify provides complete verification services – including verification of employment (VOE), verification of income (VOI), and 4506-T tax transcripts – through the fannie mae desktop Underwriter (DU ) validation service.

Amazon scraps plan to build a headquarters in New York City Treasury’s point man on GSE reform stepping down Plan to hire 25,000, invest $2.5 billion faced backlash Expansions in Virginia and Nashville not affected by change Amazon.com Inc. said it’s axing plans to build a new corporate campus in New York City, bowing to fierce opposition from some residents and politicians and denying the city what the mayor and governor had called its biggest ever economic win.Pace of new-home sales suggests steady housing strength Pace of U.S. New-Home Sales Suggests Steady Housing Strength – The U.S. housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast. Highlights of New.

Day 1 Certainty recap fannie mae day 1 Certainty Order reports, review and addresses any discrepancies with the borrower Enter information into DU and submit DU obtains a duplicate copy of the report from the vendor using loan number or reference number DU performs its own income and asset calculations

Movement Mortgage plans operations expansion July 9, 2015 /PRNewswire/ — Paramount Equity. mortgage lender, today announced that it is opening a new home lending center in Irvine, California. This expansion will initially create up to 200.

Related posts

Cookie Policy - Terms