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5 maj 2021 · The changes in this release will apply to DU Version 11.0 loan casefiles submitted or resubmitted to DU on or after the weekend of June 5, 2021. Aug. 2, 2021: These release notes have been updated to clarify that existing loans with Enterprise Paid Mortgage Insurance are eligible for RefiNow.
6 kwi 2022 · In coordination with Freddie Mac and under the guidance of FHFA, Fannie Mae introduced the RefiNow refinance option that provides expanded eligibility to benefit borrowers at or below 100% of the area median income (AMI) limit and helps more borrowers take advantage of the current lower interest rate environment. . RefiNow requirements.
Fannie Mae’s Refi Plus initiative offers refinancing flexibility to eligible borrowers who are current on their loans and whose loans are owned or guaranteed by the company and meet certain additional criteria.
7 sie 2019 · Refi Plus and Refi Plus whole loans must be purchased by Fannie Mae on or before September 30, 2019 or must be delivered into MBS pools with issue dates on or before September 1, 2019. Appraisal Waiver Eligibility
2 mar 2001 · After a loan casefile is archived from DU, it cannot be restored. If a loan casefile that has been archived must be re-underwritten, a new loan casefile must be created and submitted to DU. The loan casefile will be subject to the policies in effect for the current version of DU.
31 sie 2023 · The Fannie Mae High-LTV Refinance Option emerges as a strategic pathway for homeowners, especially those with limited equity, seeking improved loan terms. Central to this proposition is its design to cater to high Loan-to-Value (LTV) ratios, which traditionally pose a perceived risk.
All DU Refi Plus/Refi Plus loans must be delivered by Sept. 30.
