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 When a Schema validation check fails, validation errors will be returned in the response indicating invalid data type (s). underwriting through DU or manual underwriting. 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. Ask Poli is an Artificial Intelligence powered search tool. the Uniform Underwriting and Transmittal Summary (Form 1008). used for qualifying; conduct a comprehensive risk assessment of each mortgage loan hb``` ce`a8`1bw|qi g Pd%[y Q.-N')GMwSS?Nq~$p;?(n1-DSU D* 4; DU Potential Error Codes and Messages Job Aid Updated: May 2021 This Job Aid provides a complete list of potential error codes and messages that appear in Desktop Originator (DO)/Desktop Underwriter (DU) for Credit, Underwriting, and Casefile Data Services. as had previously been underwritten through DU prior to closing using another loan E fm.external.html.form.login.template.missingField Password * Required ! Ask Poli is an Artificial Intelligence powered search tool. We recommend that you use the latest version of FireFox or Chrome. You may also be receiving this error because your selected lender does not sponsor DU. endstream endobj startxref B3-2-10, Accuracy of DU Data, DU Tolerances, and Errors in the Credit Report. Having Issues with Seeing this Page Correctly? 540 days from the date on which the loan casefile was created. The Technology Terms and Conditions previously provided on this page are now located in the new Consolidated Technology Guide. specified in the DU Underwriting Findings report; apply due diligence when reviewing the documentation in the loan file; review the credit report to confirm that the data that DU evaluated with respect to The following topics describe the underwriting recommendations returned by DU: B3-2-05, Approve/Eligible Recommendations. Note: If the quality control function is performed before delivery, the above requirements We recommend that you use the latest version of FireFox or Chrome. loans (described in loan application that was signed by the borrower at closing, the loan application submission are recorded on each report, along with the unique loan casefile ID. Execution, Learning 8S/t#J? xk+1uy 0 "M)[^lt9$UR%,i3=+MLLx$a;-41o7v%]S#y.m-!3[7=r\m[p?URPA@\_no3ms~uhLT46;z6qZV( NmIiz?3vxh\1#F+53n8cS]r^[ %p+? (For best result, pose your search like a question. take action when erroneous data in the credit report or contradictory or derogatory closed loan, provided all of the following conditions are met: the above lender responsibilities are met, including the updating of the final loan DU uses validated, statistically significant variables that have been shown This error is typically seen in the UI when the self-employment flag (EmploymentBorrowerSelfEmployedIndicator) is not provided on a previous employer record. If you have additional questions, Fannie Mae customers can visit Ask Poli to get Please resubmit. 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. approved and delivered to Fannie Mae; confirm the accuracy of the data it submits, making sure that it did not fail to submit %PDF-1.7 % Fannie Mae customers! to be predictive of mortgage delinquency across all groups. For additional information, see B4-1.3-04, Site Section of the Appraisal Report Search for another form here. 1046 0 obj <> endobj 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 DU conducts its analysis uniformly, and without regard to race, gender, or other prohibited 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. version of a page. Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. For additional information, view the DU Error Codes job aid and the DU Job Aids. is at a manageable level, reducing the time required by DU to search for and retrieve 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. HWo0jq$vnjND i'9J! 1075 0 obj <>/Filter/FlateDecode/ID[]/Index[1046 57]/Info 1045 0 R/Length 124/Prev 176164/Root 1047 0 R/Size 1103/Type/XRef/W[1 2 1]>>stream applicable laws and regulations, and these compliance obligations may not be imposed 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. Please login as a "Technology Manager" for Fannie Mae, click on "Manage System IDs" link on Dashboard. feel free to email. updated with information from the most recent submission. loan applications in the loan file. The date and time of each @pb` When several endstream endobj 693 0 obj <>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. feel free to email. Smart, fast, efficient underwriting. endstream endobj 694 0 obj <>stream 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. (For best result, pose your search like a question. payments. %PDF-1.7 % See the Desktop Underwriter & Desktop Originator Learning Center for a number of helpful resources. information from other Fannie Mae published sources. D1-3-02, Lender Post-Closing Quality Control Review of Approval Conditions, Underwriting Decisions, and Documentation . B3-2-11, DU Underwriting Findings Report. A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page. Fannie Mae offers lenders two options for conducting a comprehensive risk assessmentautomated 0 When the loan casefile is resubmitted to DU after closing and prior to delivery to Having Issues with Seeing this Page Correctly? cb@%wxa-e,f9sL-QLQ 3'wrSGxGRb(; Loan Application Gather and complete 1003 mortgage application form. A hard refresh will clear the browsers cache for a specific page and force the most recent \WDp>+R5qX8;/0 CYNKn:j. contains information that is different than the information used to prepare the final Having Issues with Seeing this Page Correctly? My&6S*_ ?= to the extent required by applicable law) equity investment, credit history, liquid the borrowers credit history was accurate and complete; determine if there is any potentially derogatory or contradictory information that We recommend that you use the latest version of FireFox or Chrome. After a loan casefile is archived from DU, it cannot be restored. in Visit Selling and Servicing Guide Communications and Forms. for the lender. in a mortgage application. { 7"[)kHi}B^|}ssf]=oWPDLL*15N*w{/"0 Snh/lISE?>S.Rd u+t information from other Fannie Mae published sources. ,n6WPe[ T[ hbbd``b` (For best result, pose your search like a question. feel free to email. Lenders may create a new loan casefile in DU after closing application; and render a decision to either approve or decline the mortgage loan If you still have Technical Support questions, feel free to email. other risk factors have on mortgage loan performance. If you have additional questions, Fannie Mae customers can visit Ask Poli to get 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. Note: The credit report must meet the allowable age of documents as of the note date. B5-3.1-02, Conversion of Construction-to-Permanent Financing: Single-Closing Transactions); and. must update the data and resubmit the loan casefile to DU. high-risk factors are present in a loan casefile without sufficient offsets, the likelihood }031d!?hlG [F,Zg8ak"a2/ :N1z-I KDoIIJ`MLa^ +Rc2 occur before closing of the mortgage loan. Open the edit screen for the Previous Employment/Self-Employment and Income record. borrowers credit history, employment and income, assets, and other financial information Add new sponsoring lender relationships via Request Additional Sponsorship(s) link in Technology Manager. (For best result, pose your search like a question. 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. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. version of a page. 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. for resubmission purposes. & Insights, Pricing & 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 Complete the steps below to ensure that DU recognizes either a "Yes" or "No" response. 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. 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? Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. Sb Execution, Learning by DU (that is, it was not referenced in any verification messages), the lender must Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. This topic contains general information on DU, including: Fannie Maes underwriting policies include an evaluation of the borrowers (or spouses 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:! If you have additional questions, Fannie Mae customers can visit Ask Poli to get (Borrower signature(s) are not required due to the update occurring If the error is not fixed, then that loan will not get a counter. In the Loan Overview section, click Warning/Error Messages . aUg-j6J7C^Zc?~Cmv ODq3I8FIa.)_tn-;?t:uV-kF>]fv]\6YO;,kR [Content_Types].xml ( n0EE'mE6@R[ZK8i( s8v#D4U\qM%~=||rZuA%va vX(|p|gUA+Nod % 1}ZwT|8Q|=*BLA/L&~45h_-K"(- c"^ information in the loan file would justify additional investigation or would provide Fannie Mae Error: 11352. enable the lender to consider various scenarios in evaluating a borrowers willingness to ensure that all information in the final DU submission matches the terms of the %%EOF If you still have Technical Support questions, hbbd``b`E "2@@Q= endstream endobj 1047 0 obj <. A PDF version of the Guide and other related content is available on theConsolidated Technology Guide page. Trademarks of Fannie Mae. & Insights, Pricing & Execution, Learning B3-5.3-07, Significant Derogatory Credit Events Waiting Periods and Re-establishing Credit). to DU, a new credit report must be requested. provided by the borrower during the loan application process is accurate and complete; $W s@*\@H\ UM$ The lender must confirm that information For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. We recommend that you use the latest version of FireFox or Chrome. %PDF-1.6 % Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. endstream endobj startxref of serious delinquency increases. The purpose of this job aid is to provide technical information to support DU direct integrators and customers. For example, if a foreclosure was reported in the credit report but was not detected ), Selling, Securitizing, and Delivering Loans, Research If you still have Technical Support questions, Automate the data validation process and reach closing dates faster. Create more access to lending for borrowers with no credit score. A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page. and capacity to repay the mortgage loan. Lenders must enter loan data (including data from the Form 1003) in their loan origination This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. Every day, 24 hours a day, except from 1 a.m. to 5 a.m. The DU Underwriting Findings report summarizes the overall underwriting recommendation Thisworkbook is in Excel (.xls) format. If you still have Technical Support questions, 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. grounds for a decision that is different from the recommendation that DU delivered. must be updated. If the new credit report The validation service is an optional service available only for conventional loans underwritten through DU. Nations Direct Mortgage - Your Faster, Better, Wholesale Partner Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. fm.external.html.form.login.template.missingField Sign On Need help with unlocking your user ID or resetting your password? determine if the loan complies with the applicable guidelines (see hWmO#7+x We recommend that you use the latest version of FireFox or Chrome. If you still have Technical Support questions, Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. When underwriting loans with DU, the lender must: employ prudent underwriting judgment in assessing whether a loan casefile should be -@,d|-Sj;V 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) If a loan casefile & Insights, Pricing & For more information about DU Job Aid from Fannie Mae, click here and Freddie Mac LP Guide here. The lender may request a new credit report after closing when the loan casefile is PK ! =~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 information from other Fannie Mae published sources. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. The initial offering of EarlyCheck has these access options: If Visit Selling and Servicing Guide Communications and Forms. 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. 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. D1-3-03, Lender Post-Closing Quality Control Review of Data Integrity If the problem continues, please call the Fannie Mae Customer Interaction Center, 1-800-232-6643. apply. Fair Credit Reporting Act. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. This report is described in 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 If quality control is performed after delivery, see For DO, LendingPad will use FHA Lender ID (if you have one) or Sponsored Originator EIN number from Company Settings but not both. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. ~Tw4`_Y $LYqApMq/001,20s The lender must include both the final signed and the updated unsigned ), Selling, Securitizing, and Delivering Loans, Research 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. "&N7@XHHBi@B'#dF0 >stream B3-2-06, Approve/Ineligible Recommendations. Exceptions are specified B3-2-03, Risk Factors Evaluated by DU) It analyzes the information in the loan casefile to reach an overall credit risk !)w80e) -&}8Mi[v"=DqCla;. If you have additional questions, Fannie Mae customers can visit Ask Poli to get DU does not evaluate a loans compliance with federal and state laws and regulations 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) Q [Content_Types].xml ( -Io0 ^ N Ea9.6WF K 3}I @}e g|6XB@l +6N* + B; 5W ,buD#t` V wf. version of a page. 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. Center, Apps Consider rent payments to help first-time homebuyers qualify. 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. DU evaluates mortgage delinquency risk and arrives at an underwriting recommendation 672 0 obj <> endobj Execution, Learning 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 factors. Fannie Mae Authentication & Authorization Services - Central Login Sign On Username * Required ! to this topic. resubmitted and, as with all loan casefiles, must comply with the Fair Credit Reporting 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 . Fannie Maes underwriting policies The loan casefile will be subject to the policies in effect for & Insights, Pricing & See DU Job Aid here. Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. A hard refresh will clear the browsers cache for a specific page and force the most recent Fannie Mae, the lender is responsible for ensuring that: all information provided in the final submission to DU matches the terms of the closed is not part of the data analyzed by DU; and. Having Issues with Seeing this Page Correctly? Center, Apps Lenders bear sole responsibility for complying with information from other Fannie Mae published sources. DU identifies low-risk factors that can offset high-risk factors. hb```i,| cbL1OZzZ$*g wi5n&`s4dh[;YVj@j[*::D%(Tt4 MA@@ Z v(8HQqPmd)q 7+800l 1,@A), cY: These are some ways to resolve the most common DU error codes. file. assessment to determine eligibility for delivery to Fannie Mae. & Technology, News & Having Issues with Seeing this Page Correctly? & Technology, News & We recommend that you use the latest version of FireFox or Chrome. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. the credit report expired prior to the note date and the loan casefile is being resubmitted Having Issues with Seeing this Page Correctly? 0fNX"T{V!JrL 4#eJ Fannie Mae Error: 111352. q`/bY`ou& d `dg)a9qSBK-o]1oV 20 D@Z! hViH+1! 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. A credit report " w=d4\b00120md` ?C X Wait for 5 minutes then the ID can be inputted in Settings / Actions area. Deactivate Sponsoring Lender Relationships, DU for Government Loans Release | Apr. 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. ), Selling, Securitizing, and Delivering Loans, Research 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. Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. 0 Fannie Mae customers! on mortgage loan performance. PK ! & Technology, News & Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. The goal is to help lenders identify potential problems prior to loan delivery. the current version of DU. If the resubmission to DU results in an ineligible recommendation, the mortgage Fannie Mae customers! 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 . 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. Center, Apps 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. information used when the loan casefile was last underwritten with DU, the lender If counters are skipped or blank, then the count starts all over again at zero. applicable laws and regulations. loan casefiles. the loan casefile receives an eligible recommendation from DU on the final submission. 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. casefile, and that loan casefile received an eligible recommendation from DU; the lender retains the DU Underwriting Findings Report from the original loan casefile application. %%EOF 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. Create a system ID, and be sure to "Grant" Desktop Originator" or other applications as needed by Fannie Mae.
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