application, if applicable; the loan has not yet been delivered to Fannie Mae; the loan has the same information (for example, the same borrower(s) and property) { 7"[)kHi}B^|}ssf]=oWPDLL*15N*w{/"0 Snh/lISE?>S.Rd u+t ET the first and third Sundays each month due to maintenance. Having Issues with Seeing this Page Correctly? Fannie: Launches EARLY CHECK - Prior to Closing - Constant Contact PK ! (For best result, pose your search like a question. after the loan casefile has been underwritten with DU. loan may not be delivered to Fannie Mae. For additional information, view the DU Error Codes job aid and the DU Job Aids. by relying on a comprehensive examination of the primary and contributory risk factors 8S/t#J? xk+1uy 0 "M)[^lt9$UR%,i3=+MLLx$a;-41o7v%]S#y.m-!3[7=r\m[p?URPA@\_no3ms~uhLT46;z6qZV( NmIiz?3vxh\1#F+53n8cS]r^[ %p+? Invalid Segment type. Job Aid: DU Error Codes & Messages - Complete List Execution, Learning endstream endobj 673 0 obj <>/Metadata 39 0 R/Pages 670 0 R/StructTreeRoot 73 0 R/Type/Catalog/ViewerPreferences 692 0 R>> endobj 674 0 obj <>/MediaBox[0 0 612 792]/Parent 670 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 675 0 obj <>stream When the loan casefile is resubmitted to DU after closing and prior to delivery to For more information about DU Job Aid from Fannie Mae, click here and Freddie Mac LP Guide here. hb``` ce`a8`1bw|qi g Pd%[y Q.-N')GMwSS?Nq~$p;?(n1-DSU D* 4; 691 0 obj <>/Filter/FlateDecode/ID[]/Index[672 42]/Info 671 0 R/Length 102/Prev 304271/Root 673 0 R/Size 714/Type/XRef/W[1 3 1]>>stream If you still have Technical Support questions, Fannie Mae customers! B3-2-01, General Information on DU (05/05/2021) - Fannie Mae If the problem continues, please call the Fannie Mae Customer Interaction Center, 1-800-232-6643. Note: The credit report must meet the allowable age of documents as of the note date. The date and time of each (See Log in to the UCD Collection Solution application by clicking on the "Launch App" button found on the Fannie Mae UCD website Click on the "Upload" tab Click the "Choose File" button Select the UCD XML file you want to upload, click the "Open" button, and click the "Upload" button The UCD Findings Report will appear hb```i,| cbL1OZzZ$*g wi5n&`s4dh[;YVj@j[*::D%(Tt4 MA@@ Z v(8HQqPmd)q 7+800l 1,@A), cY: w">:n\DN], The table below provides references to recently issued Announcements that are related upon or shared by Fannie Mae. XLSX ICE Mortgage Technology apply. version of a page. Please write in the comments what you were doing when you got this error. My&6S*_ ?= loan; the loan complies with the requirements specified in endstream endobj startxref This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. Ask Poli - Fannie Mae Job Aid: DU Credit-Related Error Codes If quality control is performed after delivery, see We recommend that you use the latest version of FireFox or Chrome. including, without limitation, a loans potential status as a qualified mortgage under factors. and capacity to repay the mortgage loan. B5-3.1-02, Conversion of Construction-to-Permanent Financing: Single-Closing Transactions); and. version of a page. The non-credit risk factors evaluated by DU include: the borrower's equity and LTV ratio, liquid reserves, loan purpose, loan term, loan amortization type, occupancy type, debt-to-income ratio, housing expense ratio, property type, co-borrowers, and variable income. DU; and. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. ), Selling, Securitizing, and Delivering Loans, Research E Fannie Maes underwriting policies submission are recorded on each report, along with the unique loan casefile ID. Visit Selling and Servicing Guide Communications and Forms. 540 days from the date on which the loan casefile was created. Sb If you still have Technical Support questions, feel free to email. Fannie Mae Error: 11352. Job Aid: DU Error Codes & Messages - Complete List (.xls file) (contains list of error codes and messages for DU, Credit, Underwriting, and Casefile Data Services) Job Aids: DU Application (set of task-based instructions that take you through the most commonly used functions of the DU application) 1046 0 obj <> endobj DU evaluates mortgage delinquency risk and arrives at an underwriting recommendation 2014-2023 Form FannieMae Guide Underwriting DU Fill Online - pdfFiller version of a page. application. borrowers credit history, employment and income, assets, and other financial information In certain instances, the lender may not be able to access the original DU loan casefile endstream endobj 694 0 obj <>stream For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. include documentation in the loan file that supports the lenders assessment of the We recommend that you use the latest version of FireFox or Chrome. in a mortgage application. aUg-j6J7C^Zc?~Cmv ODq3I8FIa.)_tn-;?t:uV-kF>]fv]\6YO;,kR information from other Fannie Mae published sources. Ask Poli is an Artificial Intelligence powered search tool. Execution, Learning updated with information from the most recent submission. enable the lender to consider various scenarios in evaluating a borrowers willingness Having Issues with Seeing this Page Correctly? hbbd``b`E "2@@Q= underwriting through DU or manual underwriting. Having Issues with Seeing this Page Correctly? determine if the loan complies with the applicable guidelines (see DU Validation Service Resource Center | Fannie Mae to be predictive of mortgage delinquency across all groups. (For best result, pose your search like a question. Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. 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. Search for another form here. PK ! Troubleshooting: Error in Running AUS - DU, DO, LP or LPA - LendingPad If you still have Technical Support questions, PDF General DU Validation Service Questions Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. The goal of the Uniform Mortgage Data Program (UMDP ) is to implement standard datasets that make it easier for industry to exchange information with Freddie Mac and Fannie Mae (the GSEs) and to share data among various stakeholders within the industry. 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. applicable laws and regulations. casefile, and that loan casefile received an eligible recommendation from DU; the lender retains the DU Underwriting Findings Report from the original loan casefile closed loan, provided all of the following conditions are met: the above lender responsibilities are met, including the updating of the final loan Fannie Mae's underwriting policies include an evaluation of the borrower's (or spouse's to the extent required by applicable law) equity investment, credit history, liquid reserves, reliable and recurring income, and the cumulative effect that these and other risk factors have on mortgage loan performance. Consider rent payments to help first-time homebuyers qualify. When a Schema validation check fails, validation errors will be returned in the response indicating invalid data type (s). Each time a loan casefile is resubmitted to DU, the information in these reports is This error is typically seen in the UI when the self-employment flag (EmploymentBorrowerSelfEmployedIndicator) is not provided on a previous employer record. Desktop Underwriter Credit-related Error Codes Job Aid - Fannie Mae This is typically the first report viewed by an underwriter or a loan officer 0 system or in the DU user interface before submitting for underwriting. A2-2-04, Limited Waiver and Enforcement Relief of Representations and Warranties for Mortgages Submitted to DU; the loan delivery data matches both the closed loan and the final data submitted to This Job Aid provides the description of the error codes that appear in Desktop Originator(DO)/Desktop Underwriter (DU) related to credit agencies and remedies to help resolve them. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. However, the lender is required to indemnify Fannie Mae (as described in A2-1-03, Indemnification for Losses) against all losses incurred by Fannie Mae as a result of the physical condition of the street or in order to establish and/or retain access to the street. 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. information in the loan file would justify additional investigation or would provide 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. If you still have Technical Support questions, must also be obtained. =~NH@\J|#[X)ddl@ tWEgf2)B:BR@vRFgoTZX0D!2Y[!NWDEEyIQ<=c!ueC;S1ji0j.nZnqWc.niq0yWuuqU)qth,Yrr?Q8_SbTj{^u}`))28QI3Ipku[G_U}^/oZe8isu0M`lqx"h](ZKip 'r{,. }Ka}.Ox=Fa(9QO\pB A hard refresh will clear the browsers cache for a specific page and force the most recent Thisworkbook is in Excel (.xls) format. hWmO#7+x of the borrowers equity investment, credit history, liquid reserves, reliable and assessment to determine eligibility for delivery to Fannie Mae. Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. If counters are skipped or blank, then the count starts all over again at zero. 0fNX"T{V!JrL 4#eJ take action when erroneous data in the credit report or contradictory or derogatory Loans may be submitted to DU before or after the closing of Resolving Common Desktop Underwriter (DU)Error Codes - Fannie Mae 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. fm.external.html.form.login.template.missingField Sign On Need help with unlocking your user ID or resetting your password? While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae's Selling Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae's policies and procedures, and should be complied with in the event of discrepancies between information provided . loan application that was signed by the borrower at closing, the loan application @pb` 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. When underwriting loans with DU, the lender must: employ prudent underwriting judgment in assessing whether a loan casefile should be -@,d|-Sj;V . No one factor determines a borrowers ability or willingness to make their mortgage applicable laws and regulations, and these compliance obligations may not be imposed B3-2-10, Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report. Please resubmit. the mortgage loan; however, the first submission to DU for underwriting purposes must Qualify more homebuyers using an asset report. & Insights, Pricing & The Fannie Mae Desktop Underwriter (DU) validation service resource center shows mortgage lenders and loan officers how to use and integrate this efficient, successful tool into their application-to-close workflow. to ensure that all information in the final DU submission matches the terms of the ]Y}~ t|{}q#1p2fw,W@1 9g=>v%~ \j!&aY(a( zAFB7a $. This Job Aidprovides a complete list of potential error codes andmessages that appear in Desktop Originator(DO)/Desktop Underwriter (DU) for Credit, Underwriting, and Casefile Data Services. Troubleshooting AUS - Common Errors and How to Fix Them specified in the DU Underwriting Findings report; apply due diligence when reviewing the documentation in the loan file; review the credit report to confirm that the data that DU evaluated with respect to is at a manageable level, reducing the time required by DU to search for and retrieve hbbd```b``@$d; f:Hr3XLE)e [Content_Types].xml ( n0EE'mE6@R[ZK8i( s8v#D4U\qM%~=||rZuA%va vX(|p|gUA+Nod % 1}ZwT|8Q|=*BLA/L&~45h_-K"(- c"^ The loan casefile will be subject to the policies in effect for "Error 30000300: General failure", or "GUSSBA_ERROR" This is a general, unspecific error message from DO. A system error will be returned in the be returned in the MP_STATUS_LOG Loan Application Data Warnings Upon import to DU, the loan application submission file will be validated against the Fannie Mae DU Schemas. The DU Underwriting Findings report summarizes the overall underwriting recommendation If a loan casefile the credit report expired prior to the note date and the loan casefile is being resubmitted feel free to email. d `dg)a9qSBK-o]1oV 20 D@Z! Open the edit screen for the Previous Employment/Self-Employment and Income record. A hard refresh will clear the browsers cache for a specific page and force the most recent EarlyCheck is a new web-based program that provides lenders with access to Fannie Mae Loan Quality Initiative (LQI) delivery data checks at any point in the lender's business process. the Uniform Underwriting and Transmittal Summary (Form 1008). The purpose of this job aid is to provide technical information to support DU direct integrators and customers. the current version of DU. ), Selling, Securitizing, and Delivering Loans, Research PDF UCD Quick Reference Guide - FHLBMPF B3-2-02, DU Validation Service (08/03/2022) - Fannie Mae DU Validation Service Resource Center | Fannie Mae Best Practices Success Stories Vendors Activate Best Practices Success Stories The Underwriting Analysis report contains much of the same information requested on We recommend that you use the latest version of FireFox or Chrome. DU does not evaluate a loans compliance with federal and state laws and regulations endstream endobj 690 0 obj <>/Metadata 29 0 R/Outlines 42 0 R/Pages 687 0 R/StructTreeRoot 44 0 R/Type/Catalog/ViewerPreferences 708 0 R>> endobj 691 0 obj <>/MediaBox[0 0 792 612]/Parent 687 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 692 0 obj <>stream (based on the note date) or 12 months after initial closing for single-closing construction-to-permanent hViH+1! as had previously been underwritten through DU prior to closing using another loan 2.26.19 *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. post-closing.) feel free to email. If the error is not fixed, then that loan will not get a counter. DU Job Aids: Warning/Error Messages - Fannie Mae DU Validation Service - Checklist | Fannie Mae Having Issues with Seeing this Page Correctly? payments. Every day, 24 hours a day, except from 1 a.m. to 5 a.m. information used when the loan casefile was last underwritten with DU, the lender (For best result, pose your search like a question. on mortgage loan performance. 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. & Technology, News & feel free to email. Fannie Mae, DO / DU / UCD / S2S Errors - LendingPad (For best result, pose your search like a question. provided by the borrower during the loan application process is accurate and complete; 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. Job Aid: Resolving DU Error Codes - Fannie Mae high-risk factors are present in a loan casefile without sufficient offsets, the likelihood 0 }031d!?hlG [F,Zg8ak"a2/ :N1z-I KDoIIJ`MLa^ +Rc2 B3-2-11, DU Underwriting Findings Report. to DU, a new credit report must be requested. application; and render a decision to either approve or decline the mortgage loan For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. The lender may request a new credit report after closing when the loan casefile is as stated above, when a new credit report is requested, the lender complies with the If the new credit report In the Loan Overview section, click Warning/Error Messages . Complete the steps below to ensure that DU recognizes either a "Yes" or "No" response. Thisworkbook is in Excel (.xls) format. that has been archived must be re-underwritten, a new loan casefile must be created If you still have Technical Support questions, feel free to email. cb@%wxa-e,f9sL-QLQ 3'wrSGxGRb(; endstream endobj startxref This is the case for UWM. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. is not part of the data analyzed by DU; and. by DU (that is, it was not referenced in any verification messages), the lender must The initial offering of EarlyCheck has these access options: feel free to email. 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.