Fannie Mae Update for Agency Conforming Programs

Important: All loans with DU 9.0 findings must be submitted to CMS Underwriting no later than December 1, 2013

• Fannie Mae's Desktop Underwriter was updated to 9.1, not allowing LTVs > 95%
• This update excludes DU Refi Plus and HomePath
• DU findings ran under Version 9.0 that have expired require a new DU using 9.1
• All Loans submitted using Version 9.0 with LTV>95% must be manually locked