Add new sponsoring lender relationships via ‘Request Additional Sponsorship(s)’ link in Technology Manager.
The logic used by the Desktop Underwriter (DU) validation service to validate bonus, overtime, and commission income using a Verification of Employment and Income report will be updated. This update will apply to all new casefiles submitted to DU on or after Jan. 1, 2020.
During the weekend of Dec. 7, 2019, Fannie Mae will implement an update to DU Version 10.3. Unless specified in the release notes, the changes in this release will apply to DU Version 10.3 loan casefiles submitted or resubmitted on or after the weekend of Dec. 7, 2019.
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