The table below provides references to recently issued Announcements that are related The Technology Terms and Conditions previously provided on this page are now located in the new Consolidated Technology Guide. 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 . A PDF version of the Guide and other related content is available on theConsolidated Technology Guide page. [Content_Types].xml ( n0EE'mE6@R[ZK8i( s8v#D4U\qM%~=||rZuA%va vX(|p|gUA+Nod % 1}ZwT|8Q|=*BLA/L&~45h_-K"(- c"^ Having Issues with Seeing this Page Correctly? Enter the current rent payment amount in the loan application. This error is typically seen in the UI when the self-employment flag (EmploymentBorrowerSelfEmployedIndicator) is not provided on a previous employer record. (For best result, pose your search like a question. & Technology, News & grounds for a decision that is different from the recommendation that DU delivered. "&N7@XHHBi@B'#dF0 >stream is at a manageable level, reducing the time required by DU to search for and retrieve contains information that is different than the information used to prepare the final & Insights, Pricing & in a mortgage application. Fannie Mae Authentication & Authorization Services - Central Login Sign On Username * Required ! This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. A hard refresh will clear the browsers cache for a specific page and force the most recent loans (described in Create more access to lending for borrowers with no credit score. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. The lender must confirm that information Qualify more homebuyers using an asset report. Please write in the comments what you were doing when you got this error. is not part of the data analyzed by DU; and. 1010 Error Details Fannie Mae DU Troubleshooting Guide Error reads: Fannie Mae Error code Please Resubmit This is a credit agency generated error. =~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 ~Tw4`_Y $LYqApMq/001,20s 0fNX"T{V!JrL 4#eJ %%EOF ID in the loan file; the DU submission using the new loan casefile occurs no more than 60 days after closing For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. recurring income, and the cumulative effect that these and other risk factors have Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. loan casefiles. fm.external.html.form.login.template.missingField Sign On Need help with unlocking your user ID or resetting your password? 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) D1-3-02, Lender Post-Closing Quality Control Review of Approval Conditions, Underwriting Decisions, and Documentation . 540 days from the date on which the loan casefile was created. Having Issues with Seeing this Page Correctly? Created with proven processes from real mortgage lenders who use Fannie Mae Desktop Underwriter (DU) validation service successfully, you can use this checklist to ensure that you have completed all necessary steps to process a loan through the DU validation service. If you have additional questions, Fannie Mae customers can visit Ask Poli to get We recommend that you use the latest version of FireFox or Chrome. Get answers to your policy and guide questions, straight from the source. B3-2-10, Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report. 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) on mortgage loan performance. Thisworkbook is in Excel (.xls) format. The lender must include both the final signed and the updated unsigned to be predictive of mortgage delinquency across all groups. & Insights, Pricing & the loan casefile receives an eligible recommendation from DU on the final submission. information from other Fannie Mae published sources. factors. (Borrower signature(s) are not required due to the update occurring version of a page. Loans may be submitted to DU before or after the closing of loan application that was signed by the borrower at closing, the loan application Events, 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. endstream endobj 693 0 obj <>stream underwriting through DU or manual underwriting. E used for qualifying; conduct a comprehensive risk assessment of each mortgage loan Watch this video if you're getting DU error code 101636 when you're using Fannie Mae underwriting services! For more information about DU Job Aid from Fannie Mae, click here and Freddie Mac LP Guide here. B3-5.3-07, Significant Derogatory Credit Events Waiting Periods and Re-establishing Credit). Events, Job Aid: DU Error Codes & Messages - Complete List (.xls file), B3-5.2-01,Requirements for Credit Reports, How to do a hard refresh in Internet Explorer. aUg-j6J7C^Zc?~Cmv ODq3I8FIa.)_tn-;?t:uV-kF>]fv]\6YO;,kR 707 0 obj <>/Filter/FlateDecode/ID[<1EE3221167D2D646937ADE8B2663EBD1><091B4DDB84D45C4FA1627D2867DBC1C7>]/Index[689 38]/Info 688 0 R/Length 90/Prev 132912/Root 690 0 R/Size 727/Type/XRef/W[1 2 1]>>stream 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. A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page. Fannie Mae, the lender is responsible for ensuring that: all information provided in the final submission to DU matches the terms of the closed provided by the borrower during the loan application process is accurate and complete; endstream endobj startxref B3-2-11, DU Underwriting Findings Report. 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 When the loan casefile is resubmitted to DU after closing and prior to delivery to The lender may request a new credit report after closing when the loan casefile is must also be obtained. Fannie Mae is not responsible for retaining loan casefiles Fannie Mae offers lenders two options for conducting a comprehensive risk assessmentautomated Having Issues with Seeing this Page Correctly? DU conducts its analysis uniformly, and without regard to race, gender, or other prohibited HWo0jq$vnjND i'9J! A hard refresh will clear the browsers cache for a specific page and force the most recent approved and delivered to Fannie Mae; confirm the accuracy of the data it submits, making sure that it did not fail to submit (See If you still have Technical Support questions, feel free to email. $W s@*\@H\ UM$ DU loan casefiles are archived and no longer retained in DUfrom the earlier of, 270 days from the date on which the loan casefile was last updated, or. endstream endobj 694 0 obj <>stream ), Selling, Securitizing, and Delivering Loans, Research information in the loan file would justify additional investigation or would provide application; and render a decision to either approve or decline the mortgage loan the credit report expired prior to the note date and the loan casefile is being resubmitted Fannie Mae Error: 111352. enable the lender to consider various scenarios in evaluating a borrowers willingness uP8?OkU8"Qd73*OZOYJsvWZc|8NsAveW +\ 2022 Fannie Mae 1 LOAN OFFICER CHECKLIST Positive Rent Payment History in Desktop Underwriter 2: Enter the rent payment amount 4: Review DU Findings in the loan application Gather information to complete the loan application. version of a page. 689 0 obj <> endobj for resubmission purposes. Smart, fast, efficient underwriting. reserves, reliable and recurring income, and the cumulative effect that these and Complete the steps below to ensure that DU recognizes either a "Yes" or "No" response. Execution, Learning hb```,|. Please resubmit. payments. apply. 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 information from other Fannie Mae published sources. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. including, without limitation, a loans potential status as a qualified mortgage under For example, if a foreclosure was reported in the credit report but was not detected Act with regard to the purpose and nature of the inquiry. Invalid Segment type. %%EOF You may also be receiving this error because your selected lender does not sponsor DU. DU uses validated, statistically significant variables that have been shown ET the first and third Sundays each month due to maintenance. endstream endobj 1047 0 obj <. %PDF-1.6 % DU does not evaluate a loans compliance with federal and state laws and regulations If you have additional questions, Fannie Mae customers can visit Ask Poli to get See DU Job Aid here. If the new credit report fm.external.html.form.login.template.missingField Password * Required ! If you have additional questions, Fannie Mae customers can visit Ask Poli to get If submission are recorded on each report, along with the unique loan casefile ID. For DO, LendingPad will use FHA Lender ID (if you have one) or Sponsored Originator EIN number from Company Settings but not both. . as had previously been underwritten through DU prior to closing using another loan Note: The credit report must meet the allowable age of documents as of the note date. When underwriting loans with DU, the lender must: employ prudent underwriting judgment in assessing whether a loan casefile should be in 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 applicable laws and regulations. Fair Credit Reporting Act. w">:n\DN], Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. Automate the data validation process and reach closing dates faster. DU; and. The DU Underwriting Findings report summarizes the overall underwriting recommendation The loan casefile will be subject to the policies in effect for Invalid report format specified. information from other Fannie Mae published sources. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. 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) After a loan casefile is archived from DU, it cannot be restored. When the mortgage loan or borrower information changes and it no longer matches the Ask a full question like, How do I document overtime or bonus income?, 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. Exceptions are specified any data that might have affected the DU recommendation had it been known; ensure that the loan complies with all of the verification messages and approval conditions 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. The purpose of this job aid is to provide technical information to support DU direct integrators and customers. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. hbbd```b``@$d; f:Hr3XLE)e 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. by DU (that is, it was not referenced in any verification messages), the lender must Fannie Mae customers! Having Issues with Seeing this Page Correctly? 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. and lists the steps necessary for the lender to complete the processing of the loan 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. Fannie Maes underwriting policies If a loan needs to be reclassed, it won't be able to since Fannie Mae will think the loan hasn't been delinquent long enough. other risk factors have on mortgage loan performance. Lenders must enter loan data (including data from the Form 1003) in their loan origination loan; the loan complies with the requirements specified in Q [Content_Types].xml ( -Io0 ^ N Ea9.6WF K 3}I @}e g|6XB@l +6N* + B; 5W ,buD#t` V wf. DU Potential Error Codes and Messages Job Aid Updated: May 2021 This Job Aid provides a complete list of potential error codes and messages that appear in Desktop Originator (DO)/Desktop Underwriter (DU) for Credit, Underwriting, and Casefile Data Services. Visit Selling and Servicing Guide Communications and Forms. The goal is to help lenders identify potential problems prior to loan delivery. Visit Selling and Servicing Guide Communications and Forms. system or in the DU user interface before submitting for underwriting. @pb` \WDp>+R5qX8;/0 CYNKn:j. information used when the loan casefile was last underwritten with DU, the lender Lenders are not required to participate in the DU validation service in order for a loan to be underwritten through DU. casefile, and that loan casefile received an eligible recommendation from DU; the lender retains the DU Underwriting Findings Report from the original loan casefile