Automated compliance solutions provider ComplianceEase announced Tuesday it has fully integrated its 4506xpress. “We are pleased to be participating in Fannie Mae’s DU validation service through.
Fannie Mae introduced their new Day 1 Certainty program for relief from the reps and warrants related to the verification and reverification of employment, income, and assets. Good news for lenders. To obtain the relief, lenders need to validate information through Fannie approved vendors. At present those are limited to;
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PDF Ellie Mae Day 1 Certainty Support in Encompass – Ellie Mae Day 1 Certainty Support in Encompass Direct Provider Asset VOE/VOI 4506T/Tax Transcript Can Lenders Order this Service via TQL or the Ellie Mae Network? Can Lenders Manually Enter the Report ID Fannie Mae Direct in Encompass Providers and Services to get D1C Messages in DU? Is the Report ID automatically populated into DU if the Service
CoreLogic Is an Authorized Report Supplier. Fannie Mae’s Day 1 Certainty Program TM is designed to provide greater transparency and create a more efficient mortgage origination process for you. The CoreLogic 4506-T Direct product is now integrated into the DU validation service component of Fannie Mae’s Day 1 Certainty program.
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Lenders enrolled in Fannie Mae’s DU service. the successful integration of our 4506-T Income Verification services last year, combining our competitively superior Verification of Employment/Income.
CoreLogic integration with DU delivers verification data that meets Fannie Mae’s underwriting requirements. This, in turn, provides more certainty in income calculation and asset verification while lowering the risk of potential borrower fraud through altered bank statements.
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.
Fannie Mae’s Day 1 Certainty program provides lenders freedom from representations and warranties, and promotes greater speed and simplicity. It also enables an improved borrower experience. DU.
‘The status quo is over’: FHFA chief vows quick action on GSEs Housing finance reform ‘The status quo is over’: FHFA chief vows quick action on GSEs Mark Calabria said he wants Fannie Mae and Freddie Mac to take preliminary steps by Jan. 1 toward exiting conservatorship.
CoreLogic, a global property information, analytics and data-enabled solutions provider, has announced that, effective in early August, it will have fully integrated its leading 4506-T income verification product with Fannie Mae’s Desktop Underwriter (DU) platform.