CBCInnovis is excited to announce the availability of authorized verification reports for Day 1 Certainty from Fannie Mae.. Through a direct integration with both the IRS and DU ®, verification reports provided by sister company DataVerify ®, an authorized report supplier, are more than just a static report.Lenders receive a solution that truly helps to reduce risk, create a better.
BUT with access to new technology and software your underwriting team can access in 2017, you will now be able to focus their efforts on the loans that need attention (IE loans that do not pass Fannie Mae Day 1 Waivers). Over the next few blogs I will break down what each component of Day 1 is to help you better understand.
Fannie Mae Day 1 Certainty SERVICES Leverage CoreLogic to Gain Freedom from Reps and Warrants In November 2016, Fannie Mae announced its new Day 1 Certainty program. The program is designed to provide greater transparency and create a more efficient mortgage origination process for you. Now, you can leverage CoreLogic to help you meet.
Refinance application share hits eight-year low: MBA NEW YORK, April 5 (Reuters) – U.S. mortgage application activity hit a five-week low even as home. level in six weeks. The share of refinancing applications shrank to 42.6 percent form 44.0 percent.
CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider, announced today that it has fully integrated its IntelliMods loan modification decisioning tool with the Fannie Mae Servicing Management Default Underwriter (SMDU) platform. Fannie Mae’s.
CoreLogic Service Integrates With Fannie Mae – theMReport.com – CoreLogic announced that its 4506-T income verification product has fully integrated with Fannie Mae’s Desktop Underwriter platform (UD) to provide Day 1 Certainty service. In November 2016.
Building on Day 1 Certainty, Fannie Mae Introduces Single Source Validation, New API Platform, and Servicing Marketplace for Servicing transfers. customers participating in the Desktop Underwriter (DU.
Fannie Mae upgrades their Day 1 Certainty services and introduced new solutions that will simplify the process and lower its costs. The upgrade also promises to increase customer certainty and make the housing finance system stronger and safer. fannie mae president and CEO, Timothy J. Mayopoulos, spoke about the upgrade in a press release.
· 4506-T Status Update in the Day 1 Certainty Program We are pre-approved and officially registered with Fannie Mae as a designated vendor in their Day 1 Certainty program for Income Validation with our 4506-T Tax Transcript Service. The on-boarding process is in motion, to be followed by a pilot and production phase.
Competitive purchase market drives rise in application defects The frequency of defects, fraud and misrepresentation in mortgage loan applications in February increased by 4.4 percent compared with the previous month, according to the First American loan application defect Index. Year-over-year, the index increased by 14.5 percent, but remained down 6.8 percent from the high point of risk in October 2013.Manhattan homebuyers make fewest first-quarter deals since 2009 Manhattan homebuyers make fewest first-quarter deals since 2009 – Manhattan’s would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise. Purchases dropped for a sixth straight quarter in the first.Nevada senators seek mortgage help for Las Vegas shooting victims And we ask God to help see you through this very dark period,” Trump said. “Scripture teaches us the Lord is close to the brokenhearted and saves those who are crushed in spirit. We seek. the.