2017 DU Underwriting Updates
Over the weekend of July 29th, 2017, Fannie Mae rolled out it’s latest major update to Desktop Underwriter (DU), Version 10.1.
DU is Fannie Mae’s automated underwriting system that is used to decision Fannie Mae Conventional, FHA and VA home loans. DU version 10.1 rolls back some significant flexibilities that existed prior to the great real estate and mortgage crash of 2008.
In this episode, Josh Lewis and I tackle 3 of the biggest changes that could affect the most people either buying, or refinancing a home.
Links and Resources
Below you will find links to some of our most popular articles about this update that expand on the points that we touch on in this conversation.
- 6 Major Fannie Mae Guideline Updates in 2017
- Fannie Mae Loosens Debt to Income Ratios in 2017
- Fannie Mae IBR Student Loan Updates Make it Easier to Buy a Home
- How Automated Underwriting Systems Work
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