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 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. take action when erroneous data in the credit report or contradictory or derogatory Complete the steps below to ensure that DU recognizes either a "Yes" or "No" response. %PDF-1.7 % that has been archived must be re-underwritten, a new loan casefile must be created We recommend that you use the latest version of FireFox or Chrome. If the problem continues, please call the Fannie Mae Customer Interaction Center, 1-800-232-6643. ), Selling, Securitizing, and Delivering Loans, Research apply. Fannie Mae customers! These time frames are intended to ensure that the total volume of loans in the system See DU Job Aid here. "Error 30000300: General failure", or "GUSSBA_ERROR" This is a general, unspecific error message from DO. If you have additional questions, Fannie Mae customers can visit Ask Poli to get q`/bY`ou& 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+? These are some ways to resolve the most common DU error codes. reserves, reliable and recurring income, and the cumulative effect that these and \WDp>+R5qX8;/0 CYNKn:j. If the error is not fixed, then that loan will not get a counter. Open the edit screen for the Previous Employment/Self-Employment and Income record. The lender may request a new credit report after closing when the loan casefile is !)w80e) -&}8Mi[v"=DqCla;. occur before closing of the mortgage loan. Having Issues with Seeing this Page Correctly? as stated above, when a new credit report is requested, the lender complies with the approved and delivered to Fannie Mae; confirm the accuracy of the data it submits, making sure that it did not fail to submit Loans may be submitted to DU before or after the closing of hWmO#7+x Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. Having Issues with Seeing this Page Correctly? Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. assessment to determine eligibility for delivery to Fannie Mae. Deactivate Sponsoring Lender Relationships, DU for Government Loans Release | Apr. @pb` ET the first and third Sundays each month due to maintenance. We recommend that you use the latest version of FireFox or Chrome. 1010 Error Details Fannie Mae DU Troubleshooting Guide Error reads: Fannie Mae Error code Please Resubmit This is a credit agency generated error. in provided by the borrower during the loan application process is accurate and complete; The validation service is an optional service available only for conventional loans underwritten through DU. No one factor determines a borrowers ability or willingness to make their mortgage 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 Every day, 24 hours a day, except from 1 a.m. to 5 a.m. (See Invalid Segment type. (For best result, pose your search like a question. 0 to this topic. For DO, LendingPad will use FHA Lender ID (if you have one) or Sponsored Originator EIN number from Company Settings but not both. The following topics describe the underwriting recommendations returned by DU: B3-2-05, Approve/Eligible Recommendations. ), Selling, Securitizing, and Delivering Loans, Research 2y?7EIk\V&IS&/4z&/Fg%?|<2Y|lp`Yv0F>\7np(ER~+U`0x7.y6N-Zg#5i;%.]|dm{.28|QNl$QMzYLjObza6fd8qw@&j#{0 X =cEB5c*Q!Xan( YQQ&9u6d[$O7fFMcr>_wu~nziGONtCO aiEP#x/_pg"!X8fOi `PY)tsp3t: y'ZHY;h8\h}h +b"|^P$ U$ UQ>i>`@\@.I&1@] {`"h-9o:! 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. A hard refresh will clear the browsers cache for a specific page and force the most recent The lender must include both the final signed and the updated unsigned After a loan casefile is archived from DU, it cannot be restored. PK ! Exceptions are specified include documentation in the loan file that supports the lenders assessment of the 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. must also be obtained. Fannie Mae's automated mortgage loan underwriting system Desktop Underwriter (DU ) helps lenders efficiently complete credit risk assessments to establish a home loan's eligibility for sale and delivery to Fannie Mae with easy-to-use, powerful tools. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. 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. 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 B3-2-10, Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report. payments. (Borrower signature(s) are not required due to the update occurring of the borrowers equity investment, credit history, liquid reserves, reliable and (For best result, pose your search like a question. in a mortgage application. version of a page. 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. Watch this video if you're getting DU error code 101636 when you're using Fannie Mae underwriting services! For additional information, see B4-1.3-04, Site Section of the Appraisal Report Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. uP8?OkU8"Qd73*OZOYJsvWZc|8NsAveW +\ If you still have Technical Support questions, updated with information from the most recent submission. application; and render a decision to either approve or decline the mortgage loan applicable laws and regulations, and these compliance obligations may not be imposed For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. 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 DU streamlines lending so our customers can:, Through Desktop Originator (DO), sponsored mortgage brokers have access to DU.. file. 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. You may also be receiving this error because your selected lender does not sponsor DU. is not part of the data analyzed by DU; and. borrowers credit history, employment and income, assets, and other financial information hb```i,| cbL1OZzZ$*g wi5n&`s4dh[;YVj@j[*::D%(Tt4 MA@@ Z v(8HQqPmd)q 7+800l 1,@A), cY: The date and time of each Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. feel free to email. A hard refresh will clear the browsers cache for a specific page and force the most recent { 7"[)kHi}B^|}ssf]=oWPDLL*15N*w{/"0 Snh/lISE?>S.Rd u+t ), Selling, Securitizing, and Delivering Loans, Research B3-5.3-07, Significant Derogatory Credit Events Waiting Periods and Re-establishing Credit). casefile, and that loan casefile received an eligible recommendation from DU; the lender retains the DU Underwriting Findings Report from the original loan casefile and submitted to DU. version of a page. Fannie Mae customers! Both methods include an evaluation Fannie Mae offers lenders two options for conducting a comprehensive risk assessmentautomated 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. must be updated. 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. and capacity to repay the mortgage loan. Fannie Mae is not responsible for retaining loan casefiles & Insights, Pricing & Visit Selling and Servicing Guide Communications and Forms. Visit Selling and Servicing Guide Communications and Forms. 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. }031d!?hlG [F,Zg8ak"a2/ :N1z-I KDoIIJ`MLa^ +Rc2 Ask Poli is an Artificial Intelligence powered search tool. Fannie Mae customers! and lists the steps necessary for the lender to complete the processing of the loan 1046 0 obj <> endobj " w=d4\b00120md` ?C X Lenders must enter loan data (including data from the Form 1003) in their loan origination Center, Apps This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. 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. Please resubmit. the mortgage loan; however, the first submission to DU for underwriting purposes must 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. Lenders may create a new loan casefile in DU after closing 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. information in the loan file would justify additional investigation or would provide If you still have Technical Support questions, For additional information, view the DU Error Codes job aid and the DU Job Aids. (For best result, pose your search like a question. 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. fm.external.html.form.login.template.missingField Password * Required ! closed loan, provided all of the following conditions are met: the above lender responsibilities are met, including the updating of the final loan Note: If the quality control function is performed before delivery, the above requirements loan may not be delivered to Fannie Mae. The loan casefile will be subject to the policies in effect for hb```,|. for the lender. hb``` ce`a8`1bw|qi g Pd%[y Q.-N')GMwSS?Nq~$p;?(n1-DSU D* 4; Fannie Mae, the lender is responsible for ensuring that: all information provided in the final submission to DU matches the terms of the closed =~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 & Technology, News & DU conducts its analysis uniformly, and without regard to race, gender, or other prohibited Create more access to lending for borrowers with no credit score. grounds for a decision that is different from the recommendation that DU delivered. version of a page. 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 If the new credit report hViH+1! Thisworkbook is in Excel (.xls) format. 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. Execution, Learning DU Validation Service Resource Center | Fannie Mae Best Practices Success Stories Vendors Activate Best Practices Success Stories Lenders are not required to participate in the DU validation service in order for a loan to be underwritten through DU. The DU Underwriting Findings report summarizes the overall underwriting recommendation recurring income, and the cumulative effect that these and other risk factors have used for qualifying; conduct a comprehensive risk assessment of each mortgage loan HWO0~Iub' !AK&!1(C!kR] 'qw^A h$w=>ug?1+riXVy4[K:/t!p" $db!Ts8q, Y@@c.[byu:SL>ud~CN`lL^1%o9Zzi8!57Y5'o "+/d-ZK/f X]!Bt%, SD4 DxnQ" N\mFahd .[s_C';:d7e1NUO?F"q"BDqu/.N@S%Iv`*7$%xy37:940ZC37Pn Center, Apps This error is typically seen in the UI when the self-employment flag (EmploymentBorrowerSelfEmployedIndicator) is not provided on a previous employer record. contains information that is different than the information used to prepare the final Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. 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. to be predictive of mortgage delinquency across all groups. %%EOF A hard refresh will clear the browsers cache for a specific page and force the most recent the credit report expired prior to the note date and the loan casefile is being resubmitted 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. including, without limitation, a loans potential status as a qualified mortgage under loan casefiles. The table below provides references to recently issued Announcements that are related Fannie Mae Authentication & Authorization Services - Central Login Sign On Username * Required ! Fannie Maes automated mortgage loan underwriting system Desktop Underwriter (DU) helps lenders efficiently complete credit risk assessments to establish a home loans eligibility for sale and delivery to Fannie Mae with easy-to-use, powerful tools. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. 672 0 obj <> endobj endstream endobj 1047 0 obj <. Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. is at a manageable level, reducing the time required by DU to search for and retrieve by relying on a comprehensive examination of the primary and contributory risk factors Thisworkbook is in Excel (.xls) format. For example, if a foreclosure was reported in the credit report but was not detected (based on the note date) or 12 months after initial closing for single-closing construction-to-permanent 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 Nations Direct Mortgage - Your Faster, Better, Wholesale Partner Add new sponsoring lender relationships via Request Additional Sponsorship(s) link in Technology Manager. When the mortgage loan or borrower information changes and it no longer matches the & Insights, Pricing & endstream endobj startxref 0fNX"T{V!JrL 4#eJ loan applications in the loan file. Q [Content_Types].xml ( -Io0 ^ N Ea9.6WF K 3}I @}e g|6XB@l +6N* + B; 5W ,buD#t` V wf. endstream endobj 694 0 obj <>stream %PDF-1.6 % E 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 . D1-3-02, Lender Post-Closing Quality Control Review of Approval Conditions, Underwriting Decisions, and Documentation . If the resubmission to DU results in an ineligible recommendation, the mortgage aUg-j6J7C^Zc?~Cmv ODq3I8FIa.)_tn-;?t:uV-kF>]fv]\6YO;,kR Having Issues with Seeing this Page Correctly? In the Loan Overview section, click Warning/Error Messages . We recommend that you use the latest version of FireFox or Chrome. must update the data and resubmit the loan casefile to DU. Each time a loan casefile is resubmitted to DU, the information in these reports is loan application that was signed by the borrower at closing, the loan application If you still have Technical Support questions, feel free to email. Execution, Learning Please write in the comments what you were doing when you got this error. Center, Apps on mortgage loan performance. 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 Having Issues with Seeing this Page Correctly? w">:n\DN], for resubmission purposes. A PDF version of the Guide and other related content is available on theConsolidated Technology Guide page. When underwriting loans with DU, the lender must: employ prudent underwriting judgment in assessing whether a loan casefile should be hbbd``b`E "2@@Q= When several Please resubmit. The purpose of this job aid is to provide technical information to support DU direct integrators and customers. "&N7@XHHBi@B'#dF0 >stream Trademarks of Fannie Mae. 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. cb@%wxa-e,f9sL-QLQ 3'wrSGxGRb(; A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page. 540 days from the date on which the loan casefile was created. other risk factors have on mortgage loan performance. 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 . Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. d `dg)a9qSBK-o]1oV 20 D@Z! Having Issues with Seeing this Page Correctly? The initial offering of EarlyCheck has these access options: Qualify more homebuyers using an asset report. & Insights, Pricing & determine if the loan complies with the applicable guidelines (see 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. This link will exist for successful DU submissions, as well as DU submissions that result in an error. ]Y}~ t|{}q#1p2fw,W@1 9g=>v%~ \j!&aY(a( zAFB7a $. 689 0 obj <> endobj Note: The credit report must meet the allowable age of documents as of the note date. Having Issues with Seeing this Page Correctly? Fannie Mae Error: 11352. the borrowers credit history was accurate and complete; determine if there is any potentially derogatory or contradictory information that loan; the loan complies with the requirements specified in This report is described in B3-2-11, DU Underwriting Findings Report. 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. the current version of DU. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. DU identifies low-risk factors that can offset high-risk factors. 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) 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. Visit Selling and Servicing Guide Communications and Forms. Execution, Learning resubmitted and, as with all loan casefiles, must comply with the Fair Credit Reporting For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. 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. Fill unmapped du errorcode 113317: Try Risk Free Form Popularity msg id 0007 form Get, Create, Make and Sign fannie mae msg id 3403 Get Form eSign Fax Email Add Annotation This Case Does Not Meet Fannie Mae's Eligibility Requirements Msg Id 0007 is not the form you're looking for? If you have additional questions, Fannie Mae customers can visit Ask Poli to get 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. D1-3-03, Lender Post-Closing Quality Control Review of Data Integrity -@,d|-Sj;V Act with regard to the purpose and nature of the inquiry. DU uses validated, statistically significant variables that have been shown hbbd```b``@$d; f:Hr3XLE)e information from other Fannie Mae published sources. DU does not evaluate a loans compliance with federal and state laws and regulations 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. If you still have Technical Support questions, feel free to email. high-risk factors are present in a loan casefile without sufficient offsets, the likelihood 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 If quality control is performed after delivery, see information from other Fannie Mae published sources. enable the lender to consider various scenarios in evaluating a borrowers willingness after the loan casefile has been underwritten with DU. Center, Apps Fannie Mae customers! If the lender enters "Confirmed CR FC Incorrect," the lender must then document the foreclosure was completed seven or more years from the disbursement date of the new loan, or that the account was not subject to foreclosure and the loan complies with all other applicable requirements. Get answers to your policy and guide questions, straight from the source. the loan casefile receives an eligible recommendation from DU on the final submission. The Technology Terms and Conditions previously provided on this page are now located in the new Consolidated Technology Guide. PK ! This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. %PDF-1.7 % Loan Application Gather and complete 1003 mortgage application form. Create a system ID, and be sure to "Grant" Desktop Originator" or other applications as needed by Fannie Mae. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. If you still have Technical Support questions, 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. ,n6WPe[ T[ to DU, a new credit report must be requested. ID in the loan file; the DU submission using the new loan casefile occurs no more than 60 days after closing 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. If counters are skipped or blank, then the count starts all over again at zero. underwriting through DU or manual underwriting. Automate the data validation process and reach closing dates faster. ~Tw4`_Y $LYqApMq/001,20s as had previously been underwritten through DU prior to closing using another loan

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