In an update to its selling guide, Fannie Mae announced Wednesday that it was expanding the use of attorney opinion letters in lieu of title insurance. Previously, the only transactions ineligible for ...
Fannie Mae (OTCQB: FNMA) today announced upcoming updates to its Selling Guide to allow for the use of VantageScore® 4.0, effective immediately, and the future use of FICO® Score 10T credit scores for ...
Appraisal management company calls it a 'win' for the industry. Stating it wants to make the “home valuation process more efficient and accurate,” Fannie Mae on Wednesday released its March Selling ...
On November 5, Fannie Mae announced updates to its Selling Guide, including the removal of minimum credit score requirements for loans underwritten through its automated system —“Desktop Underwriter” ...
Fannie Mae, formally known as the Federal National Mortgage Association (FNMA), is a government-sponsored enterprise (GSE) in the United States. Established in 1938, its primary mission is to ensure ...
The newly-updated Fannie Mae Selling Guide for November has aimed to modernize special property eligibility and underwriting considerations for leasehold estates, and it has revised the ...
Explore Fannie Mae's commitment to non-citizen borrowers, its guidelines, benefits, challenges, and how it compares to other ...