Loans can be submitted to DU before or following the closing for the home mortgage

Fannie Mae’s automated underwriting system, Desktop Underwriter (DU), evaluates home loan delinquency danger and gets to an underwriting recommendation by counting on an extensive study of the main and contributory risk facets in a home loan application. (See B3-2-03, Risk Factors Evaluated by DU) It analyzes the info into the loan casefile to achieve a […]