Thursday, January 5, 2012

FannieMae Desktop Underwriter Update Release Info!

On eFannieMae.com:   News   |   Learning Center   |   Selling Guide

DU Version 8.3 March Update Release Notes Available
During the weekend of March 17, 2012, Fannie Mae will update Desktop Underwriter® (DU®) Version 8.3 to implement enhancements to DU Refi PlusTM. The updates included in this release will apply to DU Version 8.3 loan casefiles submitted or resubmitted to DU on or after the weekend of March 17, 2012. View the Release Notes on the Desktop Underwriter page for details.

"With this release, modifications are being made to the credit risk assessment in order to give more borrowers the ability to refinance using DU Refi Plus. As a result, the number of DU Refi Plus loan casefiles that receive an EA-III recommendation will be expanded."

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