Updated Fannie Mae Lender Letter suspends rep and warrant relief through DU, expands RON

May 5, 2020 |

Fannie Mae has issued a Lender Letter to its single-family sellers that updated the temporary policies enacted on March 31 in response to the COVID-19 crisis while reaffirming a key tenet regarding borrower income requirements. The Lender Letter stated Fannie Mae is extending its pandemic-related temporary policies from the original May 17 cutoff date until […more]

Posted in: San Francisco

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