Items Tagged with 'Day 1 Certainty'

ARTICLES

  • Fannie Mae CEO to mortgage lenders: Day 1 Certainty makes you more competitive

    Is this our benchmark for efficiency?
    This morning following the Fannie Mae first quarter results, CEO Timothy Mayopoulos provided an update on the program’s progress for mortgage lenders. “When we launched Day 1 Certainty, we viewed it as a journey,” he told HousingWire’s LendingLife community this morning, “We didn’t expect [it] to become universally adopted, but rather adopted overtime.”
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  • Veri-Tax announces Fannie Mae D1C integration

    Verification of Employment/Income integrated into Fannie Mae’s Day 1 Certainty
    National verification specialist Veri-Tax announced this week the addition of Veri-Tax Verification of Employment/Income as an eligible report for Fannie Mae’s Desktop Underwriter validation service. Lenders enrolled in Fannie Mae’s DU service now with access to Veri-Tax’s Verification of Employment/Income with Day 1 Certainty, the company said.
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  • Plaid’s new asset verification program receives Day 1 Certainty approval from Fannie Mae

    Plaid Assets is now accepted provider for Fannie Mae DU
    Plaid, a technology platform that connects applications with users’ bank accounts, has been piloting an asset verification program with Fannie Mae’s Desktop Underwriter since October of last year. Now, the company is officially rolling out its asset verification program, which Fannie Mae just approved for asset verification within its Day 1 Certainty program.
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  • ComplianceEase integrates with Fannie Mae's Desktop Underwriter

    Compliance solutions provider now approved for Day 1 Certainty
    Automated compliance solutions provider ComplianceEase announced Tuesday it has fully integrated its 4506xpress income verification solution with Fannie Mae’s Desktop Underwriter platform and is now part of the GSE's Day 1 Certainty program. Now, the company meets Fannie Mae’s standards for income verification, eliminating the need for reverification of IRS Form 4506-T.
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  • Fannie Mae approves Day 1 Certainty for Blend’s end-to-end digital mortgage platform

    Blend becomes first end-to-end platform to be approved for asset verification
    Fannie Mae approved its first end-to-end digital mortgage platform for its Day 1 Certainty on Tuesday. Blend, a Silicon Valley technology company propelling the consumer lending industry into the digital age, announced it became the first end-to-end platform to be approved to provide asset verification reports for Fannie’s Desktop Underwriter.
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  • Fannie Mae: An update on Day 1 Certainty one year later

    What we’ve learned and where we’re going
    [Expert Commentary] Over the last year, more than 1,000 lenders signed up for one or more of Fannie Mae’s Day 1 Certainty services. Now, based on another year of listening and learning, Fannie Mae is building on the foundation laid last year with its new product offerings.
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  • Fannie Mae reveals major upgrade to its Day 1 Certainty product

    Here are the companies involved in the pilot program
    Fannie Mae revealed a major upgrade to its Day 1 Certainty program which it says will improve customer experience, create greater efficiencies and save money in the mortgage origination process. While most companies will have access to the new solution beginning in 2018, a select few are participating in Fannie’s pilot program, and will have first access to the technology.
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  • Fitch: New tools from Fannie Mae, Freddie Mac will make mortgages safer

    Changes to appraisals, verification of borrowers’ finances strengthen underwriting
    Mortgage underwriting is getting stronger and safer for both borrowers and lenders thanks to new tools introduced in recent years by Fannie Mae and Freddie Mac, Fitch Ratings said in a new report. According to Fitch, new approaches to appraisal valuation and income verification are “improving these government-sponsored enterprises’ ability to assess credit risk, while reducing costs for sellers and borrowers.”
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  • Monday Morning Cup of Coffee: Impact of GOP healthcare bill on finance market

    Lawsuits continue to pile up at Wells Fargo
    Billionaire Warren Buffet explained what GOP’s healthcare bill could mean for business owners, saying it could have an even greater impact on the economy than Trump’s proposed corporate tax cut. Also, D.C. is forfeiting millions of dollars for affordable housing because it can’t meet its deadlines, so there’s that. And speaking of losing millions of dollars, here’s the latest in the Wells Fargo fake accounts scandal.
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