We like less confusing! Right after I finished my Only Three Conditions on the First Underwrite webinar today I received a FNMA update.
Thank you Fannie Mae. In response to feedback from lenders and technology providers, Fannie Mae has rewritten and simplified the DU Validation Service messages. According to their release today, the DU 10.3 update replaces 41 current messages with 11 messages, including changes for findings regarding commission income, as well as some updates to HomeReady® and DU Findings.
DU will be updated this weekend, March 22, 2019. There will be a brief outage at the following times over the weekend:
- Friday, March 22, 9 p.m. – 9:15 p.m. ET
- Saturday, March 23, 5 a.m. – 7 a.m. ET
- Sunday, March 24, 6:15 p.m. – 6:30 p.m. ET
Find FAQs here .