SAN DIEGO, Calif., Oct. 25, 2016 (SEND2PRESS NEWSWIRE) – ReverseVision, the leading provider of software and technology for the reverse mortgage industry, announced it has completed an integration.
We have compiled the ones we are hearing over and over, as well as those that have been addressed by Fannie Mae, to help you stay informed. Here are the main questions we, as well as Fannie, get about DU Day 1 Certainty.Question: Will Data Facts be on the list as a vendor? Answer: Yes. Data Facts is in the process of being added to the list of.
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In November 2016, fannie mae announced its new day 1 certainty program, which is designed to provide greater transparency and create a more efficient mortgage origination process. Now, CoreLogic’s.
Day 1 Certainty starts with validating borrower income, assets and employment through the Desktop Underwriter (DU) validation service. He is responsible for fostering integration of Fannie Mae’s.
CoreLogic Integrates With Fannie Mae's Desktop Underwriter. – 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.
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Be completely confident in lending decisions. Day 1 Certainty from Fannie Mae integrates an automated pre-verification step in the lending process. Because verification is handled electronically, it takes very little time and provides dramatic benefits.
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BUT with access to new technology and software your underwriting team can access in 2017, you will now be able to focus their efforts on the loans that need attention (IE loans that do not pass fannie mae day 1 waivers). Over the next few blogs I will break down what each component of Day 1 is to help you better understand.
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.
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.
CoreLogic announced that its 4506-T income verification product has fully integrated with Fannie Mae’s Desktop Underwriter platform (UD) to provide Day 1 Certainty service. In November 2016.
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